Vietnam Airlines shares continue to hit the ceiling

After the news of being released from the warning list, Vietnam Airlines' code HVN increased to the ceiling for two consecutive sessions, often with no sellers.

Just about 3 minutes after opening this afternoon, HVN jumped to 12,550 VND per share, increasing to the full range. This code had over 1.1 million units of buy orders, while the sellers were few and far between, often "blank". HVN's liquidity reached nearly 25 billion VND, increasing four times compared to yesterday. In the previous trading session, this stock also increased to the full range.

Compared to the price range of 10,000 VND at the end of October, the current price of the national airline's stock has increased by 23%. Previously, Vietnam Airlines' stock code approached 15,000 VND at the beginning of the year.

HVN today turned purple after the Ho Chi Minh City Stock Exchange (HoSE) decided to remove this stock code from the warning list from December 26. The reason is that Vietnam Airlines successfully held the 2023 annual general meeting of shareholders on December 16, overcoming the cause that led to the stock being put on the warning list.

However, HVN code is still restricted from trading, only allowed to buy and sell in the afternoon session. This enterprise is also at risk of being delisted because it has suffered three consecutive years of losses with a cumulative amount of more than 35,000 billion VND and negative equity.

Boeing 787-10 aircraft of the airline. Photo: Vietnam Airlines

Regarding the stock market, today VN-Index moved above reference all day, extending the streak of 6 consecutive sessions of increase. Selling pressure was still lurking on the floor, most intense around 2pm. However, the index representing HoSE closed above 1,222 points, up nearly 5 points compared to yesterday.

The entire floor had 265 stocks increasing in price, the number of stocks decreasing was 216. The stocks contributing the most to the market's increase were VCB, VHM, HPG, HVN, FPT...

However, liquidity went against the score. The total transaction value on this floor reached more than 14,700 billion VND, down more than 400 billion VND. Foreign investors were net sellers for the 20th consecutive session with a value of about 315 billion VND.

Siddhartha

Source link: https://vnexpress.net/co-phieu-vietnam-airlines-tiep-tuc-tang-tran-4693662.html