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CII group shares hit their peak

The news that the two remaining businesses at the Thu Thiem land auction may not put down shares pushed up real estate share prices with projects in this area, such as CII, NBB rose to the ceiling.

The market maintained a positive trend with support from real estate, financial and retail groups. The VN-Index opened the session above the reference, remaining green the entire time trading, although the amplitude is only on the single-digit threshold.

After strong gains in the first session of the week, demand for leading stocks is more cautious, no longer pushing prices drastically. In contrast, cash flows are highly diversified, focusing on several groups of stocks with stories of their own. Where, CII is the most surprising name.

This code was recently added by the Ho Chi Minh City Stock Exchange (HoSE) to the list of securities that are not eligible for margin trading, or in other words, are not lent by securities companies. However, information from the two businesses participating in the Thu Thiem . land record auction can’t drop deposit make investors expect profits from CII in the future. This ticker and its subsidiary NBB skyrocketed to highs with sudden liquidity.

Investors trade at Yuanta Securities, District 1, Ho Chi Minh City, in February 2022. Photo: Quynh Tran

Investors trade at Yuanta Securities, District 1, Ho Chi Minh City, in February 2022. Photo: Quynh Tran

Other real estate stocks trade differently. In the large capitalization group, NVL, VIC, VHM, and PDR remained green, while KDH fell nearly 1%. In the mid-cap group, CEO, SCR, HQC, and NLG closed in the red while QCG and DIG were still up.

Financial stocks are also trading positively, but profit margins are only around 1-2%. TPB, STB were the two best winners in the banking group, followed by ACB, TCB, MBB, CTG, VPB. HDB, VCB closed session on reference while BID fell slightly.

VN-Index closed the session with over 8 points, surpassing the 1,500 point threshold. Meanwhile, the VN30-Index increased almost 11 points to 1,513 points. On HNX, HNX-Index and UPCOM-Index both stay green.

Market liquidity continues to increase, recording more than 28,400 billion dong on HoSE. The color green dominated with 264 people who advanced, compared to 190 people who declined. The VN30 group traded nearly 8,000 billion dong, with 22/30 blue chips surpassing the reference.

Minh Son

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