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Going up to the ceiling in a row, the transaction is still gloomy

Accordingly, at the close of trading on June 6, CCV shares of Vietnam Urban and Industrial Construction Consulting Joint Stock Company stood at 42,600 dong/share, up 14.8% to ceiling price, corresponding to each shares add 5,500 dong.

'Strange' stocks: Continuously increasing to the ceiling, trading is still gloomy - 1

The share price of CCV hit the ceiling price for many consecutive sessions, including a 40% increase in one session.

This is the third consecutive session of ceiling increase of CCV since June 2. If counting from May 27, this stock has 5 sessions of ceiling gain, of which on May 30, this code increased by 40%, helping each share add 7,000 VND.

Generally, after 7 trading days from May 27 to June 6, CCV code increased by 143.4%, corresponding to an increase of VND 25,100 per share. This increase is considered rare in the context that the stock market is facing many resistances.

With more than 1.8 million shares outstanding, CCV’s market capitalization increased by VND 45.1 billion.

Notably, although the market price increased strongly, the trading volume of this stock was not high, averaging only 86 shares/session. Before that, this code continuously moved sideways at 17,500 dong/share, with no liquidity.

Vietnam Urban and Industrial Construction Consulting Joint Stock Company is an equitized state-owned enterprise operating in the field of construction.

CCV’s 2021 audited consolidated financial statements show that net revenue reached VND 121.7 billion, down 23.6%; profit after tax was nearly 7.3 billion dong, down 39.7%.

CCV currently has total assets of nearly 260 billion VND, a slight increase compared to the beginning of the year. Current assets accounted for 96.8%, equivalent to 251.8 billion dong, inventories were valued at 138.2 billion dong, up 10.3%.

CCV’s liabilities at the time of reporting are more than 221 billion VND, of which are mainly short-term debts.

At the end of the session on June 6, VN-Index increased by 2.03 points to 1,290.01 points. The whole floor had 141 gainers, 315 losers and 53 standstill stocks.

HNX-Index dropped 3.67 points to 306.81 points. The whole floor had 72 gainers, 116 losers and 53 standstill stocks.

UPCoM-Index decreased 0.27 points to 93.9 points,

Market liquidity increased sharply compared to the previous session. Total matched value reached 18,570 billion dong, up 32%, of which, matched value on HoSE alone increased 30.6% to 15,299 billion dong.

(According to VTC News)

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