On the trading day of September 6th, VNZ shares witnessed a sharp decline starting after 11 am in the morning session and fell to the floor price of 437,800 VND/share before the lunch break.
In the afternoon session, larger volumes of shares changed hands. With over 15.2 thousand matched orders by 2:25 pm, VNZ experienced its most liquid session since listing on UPCoM, with an average daily volume of less than 2,000 shares per session from the beginning of the year until the close of September 5th. VietstockFinance data showed that approximately VND 6.1 billion worth of shares had changed hands.
|
VNZ’s share price temporarily hit the floor price before recovering
Data as of 1:59 pm, September 6th. Source: VietstockFinance
|
|
VNZ’s performance since listing on UPCoM
Source: VietstockFinance
|
Thừa Vân
The Stock Market Investors’ “Shock” Post-Holiday
The sharp decline in the morning session of September 4th can be attributed to a spillover effect from the US stock market and the broader global market downturn.
