On May 30, Hoa Phat Group's HPG shares exploded in liquidity early in the trading session. At the end of the session, this code traded nearly 65 million shares, 2-3 times higher than normal, with an increase of 0.78%.
Shares of the company chaired by billionaire Tran Dinh Long exploded in liquidity after the news that the group signed a contract to supply technology and production lines for steel rails and shaped steel with a German group. Thanks to that, Hoa Phat will become the only company in Southeast Asia capable of producing steel rails for high-speed railways.
Along with Hoa Phat, many other steel stocks also increased in today's trading session, such as TVN, TIS, NKG, VGS...
Steel stocks increase, HPG liquidity explodes (Photo: HPG).
The group of stocks related to billionaire Pham Nhat Vuong also continued to be the market pillar with the green color maintained in VIC and VHM. Of which, VIC increased by 1.44% and VHM increased by 0.7%. The increase of these two codes also had the most positive impact on the general index.
However, the market is still facing a strong correction. VN-Index closed down 9.26 points, to 1,332.6 points. Many large-cap stocks were in red, dragging down the index such as MWG, TCB, STB, MSN, ACB , HDB, VIB...
Foreign investors continued to net sell more than VND1,164 billion this session, with net selling spreading to HPG, MWG, STB and many other codes. On the contrary, NVL was favored with net buying of more than VND219 billion.
Source: https://dantri.com.vn/kinh-doanh/co-phieu-nha-ty-phu-tran-dinh-long-bung-no-thanh-khoan-20250530160930857.htm
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