DIG shares set a liquidity record

DIG shares of Construction Development Investment Corporation today, March 15, matched 69.88 million units, nearly double compared to yesterday and the highest level since listing on the stock exchange.

DIG shares of the Construction Development Investment Corporation continued to go against the market trend today to maintain the excitement throughout the session. DIG closed at VND28,500, up 3.65% compared to the reference price to extend the fourth consecutive increase. This increase helped the stock accumulate nearly 9% compared to the price range at the beginning of the week.

The biggest highlight of the March 15 session of DIG shares was the trading volume of up to 69.88 million units, an increase of nearly 34 million units compared to yesterday. Of these, about 8.5 million shares were transferred at the price of VND28,500 and about 124,000 shares were successfully traded at the highest price of the session of VND29,000.  

DIG's trading volume today accounted for 7.31% of the total matched volume on the Ho Chi Minh City Stock Exchange, far exceeding the proportion of the stocks ranked behind such as HPG 3.75%, VND 3.47% and EIB 3.22%. With 69.88 million shares changed hands, DIG's trading value at the end of the week reached VND1,989 billion, the highest since this stock was listed on the stock exchange 14 years ago.  

With more than 609.8 million shares outstanding, DIG's market capitalization is at VND 17,380 billion.  

DIG's increase was consistent with the real estate group's performance when many small and mid-cap stocks reversed from decreasing to increasing at the end of the session. The signs of increasing heat in real estate stocks came after the Prime Minister's meeting with a series of leading enterprises to discuss the year's monetary policy to remove difficulties for production and business. It is likely that the group's increase will continue when the Government leader continues to chair a conference with localities on removing difficulties and promoting the implementation of social housing projects on March 16.  

DIG stock price and liquidity chart.

DIC's Board of Directors recently announced the final registration date to attend the company's annual general meeting of shareholders in April. During this meeting, the company will report its business results for 2023 with revenue of VND 1,027 billion, down 46% year-on-year. However, thanks to the sudden increase in financial revenue and cost reduction, the company reported a profit after tax of VND 176 billion, up 18% year-on-year.  

At the end of 2023, DIC had total assets of about VND16,888 billion. Early last month, the company announced that it had successfully mobilized VND600 billion in private bonds with a term of 3 years and an issuance interest rate of 11.25% per year.  

Source: https://baodautu.vn/co-phieu-dig-lap-ky-luc-thanh-khoan-d210859.html