(NLDO)- KBC shares hit the ceiling, dragging a series of industrial real estate stocks up as well.
KBC shares of Kinh Bac Urban Development Corporation have increased since the beginning of this morning's session (November 6). However, in the afternoon session, when the US presidential election results favored Mr. Donald Trump, KBC shares - the company chaired by Mr. Dang Thanh Tam - increased by 7%, reaching VND28,850/share. The total trading volume was over 12 million shares, 5 times higher than the recent average trading level.
Kinh Bac Industrial Park
The reason is explained that Hung Yen Hotel Services Joint Stock Company (Kinh Bac) - a company owned by Kinh Bac - has just signed a cooperation agreement with the Trump Group on developing hotel, golf course and residential projects.
The project is worth about 1.5 billion USD. Mr. Donald Trump himself witnessed the signing ceremony of this cooperation. Mr. Eric Trump - Mr. Trump's son, Executive Vice President of The Trump Organization - commented that this is a market with great potential.
In addition to KBC, many other industrial park stocks also increased sharply, including VGC of Viglacera Corporation, which hit the ceiling price of VND42,800/share.
SZC shares of Sonadezi Chau Duc Joint Stock Company also hit the ceiling price of VND41,300/share. SIP shares of Saigon VRG Investment Joint Stock Company increased by more than 4.9% to VND78,900/share.
Source: https://nld.com.vn/co-phieu-doanh-nghiep-viet-hop-tac-voi-ong-donald-trump-tang-kich-tran-196241106185351023.htm
Comment (0)