YEG stock price skyrocketed following the "Brother" concert fever

(Dan Tri) - YEG is approaching its third consecutive ceiling price session despite the ups and downs of the general market. On a low liquidity basis, the VN-Index recovered this morning.

Although there was no breakthrough in liquidity, the market indexes improved compared to yesterday. Green returned to the market with 405 stocks increasing in price compared to 266 stocks decreasing on all 3 exchanges.

VN-Index regained 6.41 points, equivalent to 0.52%, to 1,246.82 points; VN-Index recovered 8.97 points, equivalent to 0.69%. HNX-Index recovered 0.65 points, equivalent to 0.29% while UPCoM-Index slightly adjusted 0.08 points, equivalent to 0.09%.

Liquidity reached 253.55 million shares, equivalent to VND5,767.83 billion, on HoSE and 25.52 million shares, equivalent to VND411.32 billion, on HNX. The UPCoM market had 16.65 million trading units, equivalent to VND179.88 billion.

Concert "Brother overcomes thousands of obstacles" held in Ho Chi Minh City (Photo: Organizing Committee).

The increase in price of most VN30 stocks in the morning session had a positive impact on the index. BID increased by 1.6%; CTG increased by 1.6%; MWG increased by 1.5%; VHM increased by 1.5%; STB increased by 1.4%; TPB and VIC both increased by 1.3%... In general, large-cap stocks had a consensus, although the price increase was not large.

While most stocks on the market recovered, VND still decreased by 2.6% to 12,900 VND. The matching orders for this code reached 16.9 million units. Most securities stocks only adjusted slightly or regained green.

Media stocks performed quite positively. Yeah1’s YEG briefly hit the ceiling before falling, temporarily recording a 6.3% increase to VND13,550. ADG rose 4.3% and PNC rose 3.7%.

YEG shares are on a strong rise amid the feverish performance of "Anh trai vu ngan chong gai" (The brother who overcomes thousands of obstacles) - a show produced by Yeah1. In a recent event, the Deputy Minister of Culture, Sports and Tourism said that "Anh trai vu ngan chong gai" is performed by only Vietnamese people, but recently in Ho Chi Minh City, audiences had to compete fiercely to buy tickets even though the tickets were not cheap.

The show will take place in Hung Yen soon (December 14), but currently there are no tickets available for purchase. "Even the Director of the Department of Culture, Sports and Tourism of Hung Yen, who is the one who granted the license, cannot buy tickets. Tickets cost about 8 million VND but cannot be purchased, while all the performers are Vietnamese. The economic and cultural needs are real, very attractive, and there is a lot of room for improvement," said Mr. Phong.

VCA of Vicasa Steel was the only stock that hit the ceiling price on HoSE. This stock increased sharply to 12,650 VND, with no selling. Meanwhile, other steel stocks such as NKG decreased by 2.4%; HSG decreased by 1.6%; TLH slightly adjusted.

According to analysts, technically, the market will temporarily be supported at the 1,237 point area, the MA(20) area of ​​VN-Index and fluctuate probingly at the 1,237-1,245 point area in the near future.

Investors are advised to slow down and observe supply and demand developments to assess the market situation. At the same time, it is necessary to consider reasonable portfolio management, avoid falling into overbought status, and consider recovery developments to take short-term profits or restructure the portfolio to minimize risks.

Source: https://dantri.com.vn/kinh-doanh/co-phieu-yeg-tang-dung-dung-theo-con-sot-concert-anh-trai-20241205134502319.htm