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Stocks related to FLC fell to the floor in a row

FLC, HAI, ROS fell in a row when they were banned from morning trading from June 1, in which the last two sessions lost all amplitude and there was no buyer.

Stocks related to FLC Group has not yet escaped the long-term decline since former Chairman Trinh Van Quyet sold stocks undercover in mid-January until now.

FLC has just extended a losing streak of 6 sessions, of which the last two sessions fell to the floor. This stock closed today at 4,850 dong, the lowest price range since the beginning of 2021 and lost 77% compared to when it peaked at 21,000 dong on the day that Mr. Quyet sold illegally.

ROS and HAI saw similar situation when they lost 76% and 81% respectively compared to the beginning of the year, closing at 3,100 dong and 2,420 dong. AMD and ART also have similar price charts when they plummeted in the last 5 sessions and lost 70-80% within half a year.

Meanwhile, GAB – a stock listed on the Ho Chi Minh Stock Exchange three years ago – has lost liquidity since the end of March. This stock price stood still at the level of 196,400 dong.

The above codes were identified by the Investigation Police Agency (Ministry of Public Security) with signs of price manipulation, creating fake supply and demand by Mr. Trinh Van Quyet and his sister Trinh Thi Minh Hue from September 2016 to the beginning of this year. . The agency issued a second notice this morning to find investors the victim to serve the investigation of this case.

The movements of stocks related to FLC Group today agree with the majority of stocks listed on the Ho Chi Minh Stock Exchange. The market has 309 stocks that fell, double the number of gainers. Red color covered real estate, securities, construction, steel… However, VN-Index reversed and closed in green even though there were times when it lost more than 15 points.

VCB was the main driving force that helped the market increase slightly to 1,291.35 points. Other large-cap stocks such as FPT, PLX, POW, BVH, MSN also had a positive impact and were among the top 10 contributing stocks to the index. On the other side, VHM lost 1.2% and became the biggest loser of VN-Index.

Market liquidity reached more than 17,830 billion dong, an increase of nearly 1,000 billion dong compared to the first session of the week. This is the session with the highest trading value in the past three weeks. Money is most concentrated in industrial, financial and material stocks. For each ticker, HPG ranked first in terms of matched value of 640 billion dong, followed by POW, SSI and DPM. Foreign investors today bought 1,730 billion dong and sold nearly 1,600 billion dong.

Eastern

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