Top 10 Sideway Stocks of the Year of the Wood Sheep

The Year of the Cat (27/01/2023-07/02/2024) has witnessed a series of ups and downs in the Vietnamese stock market. However, amidst the stocks that have experienced dramatic increases or declines, there are still some less "wild" options.

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Below is a list of the 10 stocks with the lowest price volatility in the Qúy Mão year, with an average trading volume of over 10,000 shares per session.

Thaiholdings Joint Stock Company was established in 2011, formerly known as Kinh Thành Investment and Development Joint Stock Company. In the past Qúy Mão year, the stock THD only fluctuated within a range of 10%.

In the context of a stagnant real estate market, the price of KOS stock remained relatively stable in the Qúy Mão year 2023, ending the year at 39,600 VND/share.

Regarding the construction industry, the stock price of SCG remained flat throughout the year with a fluctuation range of only 10.8%.

A beer enterprise made it into the top 10 horizontally moving stocks in the Canh Tý year, with a price fluctuation range of 13.5%. 

VPI has been listed and traded on the Ho Chi Minh City Stock Exchange (HOSE) since 2018. Last year, the stock price remained stable with a fluctuation range of nearly 15%.

Gia Lai Hydroelectric Joint Stock Company (formerly known as Gia Lai Investment and Development Limited Liability Company) was established on March 14, 2002, with a capital contribution ratio of 50:50 between Power Company 3 and Gia Lai Power Company. On April 26, 2011, the company’s stock was officially traded on the UPCoM market. The GHC stock fluctuated within a range of 16% in the Qúy Mão year.

Electricity Construction Consultancy Corporation 4 is one of the 4 Power Corporation’s power construction consulting units, and PECC4 has conducted surveys and designs for hundreds of power and grid projects nationwide and in the region. In the past year, the stock price has not fluctuated significantly, with a fluctuation range of only 16.13%.

Sunshine Homes Development Joint Stock Company (SSH), formerly known as Sunshine Vietnam Construction Joint Stock Company, was established with an initial charter capital of 100 billion VND, mainly operating in the business, consulting and leasing of real estate, construction of houses, social infrastructure, and installation of construction systems. The SSH stock has a low price fluctuation in the Qúy Mão year, with only 17.3%.

The main activity of VEA is the production, assembly, and trading of automobiles, casting of machinery parts, and trading. As for the stock, VEA has a price fluctuation range of 17.8% in the Qúy Mão year 2023.

Another manufacturing company is included in the group of stocks with the least volatility in the Qúy Mão year. The price fluctuation range is 17.83%.

Khang Di

SOURCEvietstock
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