Quoc Cuong Gia Lai shares turn purple in market correction session

QCG shares hit ceiling

After many exciting sessions, the stock market today (May 9) entered a correction phase. VN-Index closed down 2.5 points, at 1,267.3 points. Liquidity on the two exchanges reached nearly 17,600 billion VND.

Going against the market today, QCG shares of Quoc Cuong Gia Lai Company increased to the ceiling price of 11,600 VND/unit. This code had a ceiling price buy surplus of more than 857,000 shares by the end of the session.

In the first quarter of the year, Quoc Cuong Gia Lai earned a profit of more than 9 billion VND, a sharp increase compared to the same period last year thanks to revenue from sales and apartment handover to customers.

Most recently, the Da Nang real estate and marina project implemented by Quoc Cuong Gia Lai's subsidiary in Da Nang City was announced to be eligible for business with future housing. The future housing eligible for sale here has a quantity of 34 units, with apartment floor areas ranging from 147.1m2 to 446.4m2.

In another development, LPB shares of LPBank had the most positive impact on the general index, with an increase of 4.39%, to VND34,500/unit.

LPB stock has the most positive impact on the index (Screenshot).

On the other hand, after yesterday's impressive ceiling price increase, Vingroup's VIC stock fell 2.55% to VND76,500/unit. This code is also the stock that had the most negative impact on the VN-Index's decline today. Following VIC are VCB, NVL, EIB, VCI...

Foreign investors net sold 166 billion VND in this session, aggressively dumping VCB, VHM, NVL, VPB, SSI, VCG... On the contrary, foreign investors increased their purchases of FPT, MBB, NLG, DXG, MSN and PNJ.

Big players continuously register to buy and sell large amounts of shares.

Recently, many stocks have been registered for trading in large quantities by business leaders.

Mr. Nguyen Ngoc Quang - Member of the Board of Directors of Hoa Phat Group (stock code: HPG) registered to sell 8.5 million shares to his son and family members from May 14 to June 12.

It is expected that after the transaction, Mr. Quang's ownership ratio at Hoa Phat will decrease from 1.77% to 1.63%, equivalent to nearly 104.6 million shares.

Along with that, Mr. Nguyen Quang Minh - Mr. Quang's son - has registered to buy 5.5 million shares from his father. Currently, Mr. Minh does not own HPG shares.

Or Mr. Truong Anh Tuan - Chairman of Hoang Quan Real Estate Company (stock code: HQC) - registered to buy an additional 25 million HQC shares from May 13 to June 11.

If successful, Mr. Tuan will increase his total ownership to 50 million shares, equivalent to 8.67% of the company's charter capital and become a major shareholder. Previously, in April, Mr. Tuan also bought 23 million HQC shares.

Mr. Pham Thu - Chairman of Saigon Real Estate Corporation (Saigonres - stock code: SGR) was only able to buy more than 9.8 million shares in the registration to buy 20 million shares for private offering. The implementation date is May 7.

The reason for not buying all the registered shares is that the stock market is not stable. Currently, Mr. Thu holds more than 27.8 million SGR shares, accounting for 39.84% of the capital.

Source: https://dantri.com.vn/kinh-doanh/co-phieu-quoc-cuong-gia-lai-tim-lim-trong-phien-thi-truong-dieu-chinh-20250509152036193.htm