Investors spent more than 3,200 billion VND buying GPB shares in the session of July 11

On the stock market, at the session on July 11, PGB shares of Petrolimex Joint Stock Commercial Bank (PG Bank) witnessed a historic trading session with the largest liquidity ever.

The total trading volume in today's session reached more than 155 million shares, equivalent to a value of VND 3,278 billion. Currently, PGB code has 300 million outstanding shares, so the total trading volume in today's session accounted for more than 51% of the outstanding shares of this enterprise.

Notably, PGB shares were blank on the sell side in today's session, with only over 134,100 units matched with a value of VND3.7 billion. Previously, in the trading session on July 10, GPB shares matched with over 11 million units, with a value of VND268 billion.

At the end of the trading session on July 11, GPB code increased to the ceiling price (14.8%) to 27,900 VND/share. Compared to the beginning of the year when it was trading around the price of more than 15,000 VND/share, GPB's current price has increased by 86%.

PGB stock price movement (Source: FireAnt).

Previously, on April 7, the Ho Chi Minh City Stock Exchange (HoSE) successfully organized an auction of 120 million shares of PG Bank, equivalent to 40% of the bank's capital.

The auction recorded 16 investors, including 9 domestic individual investors and 7 domestic institutional investors, registering to participate. Of which, the group of individual investors registered to buy 13.5 million shares and the institutional investors registered to buy 199.4 million shares.

The volume of orders reached nearly 213 million units, equal to 1.77 times the total amount of shares offered.

With a starting price of VND21,300/share, investors placed the lowest bid at exactly this price and the highest bid at VND21,500/share, a difference of only VND200. The lowest bid volume was only 100 shares, the highest was up to 44.9 million shares.

As a result, there were 4 winning investors, 1 individual investor and 3 organizations, with the lowest winning price being 21,400 VND/share and the highest winning price being 21,500 VND/share.

With all shares sold at an average price of more than VND 21,400/unit, Petrolimex has completed divestment at PG Bank and collected VND 2,568 billion .

Source: https://www.nguoiduatin.vn/tong-khoi-luong-giao-dich-cua-pb-bank-chiem-hon-50-von-a616676.html