In particular, a member fund of Dragon Capital, Vietnam Enterprise Investments Limited, sold 1 million shares of VCG on the 20th of February, reducing its ownership to 2.82%. The ownership of the entire Dragon Capital group also decreased to 6.97%.
Based on the closing price of VCG stock on the 20th of February at 25,350 VND per share, it is estimated that the Dragon Capital group received 25.35 billion VND.
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Transactions of VCG stock by the Dragon Capital fund group on the 20th of February 2024
Source: VCG
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Notably, in just the month of January, this foreign fund group continuously bought VCG shares to increase its ownership percentage beyond 6% on the 16th of January, beyond 7% on the 23rd of January, beyond 8% on the 25th of January, and beyond 9% on the 30th of January.
In the stock market, VCG shares seem to move in parallel with the actions of the Dragon Capital fund group, with many sessions of price increases during the period when the fund group was buying, followed by a reversal to declines when the fund group was selling.
Since the beginning of 2024, VCG shares have decreased by more than 2%, reaching 24,100 VND per share after the closing session on the 23rd of February 2024, with an average trading volume of nearly 6.9 million shares per day.
| Price movement of VCG shares since the beginning of 2024 |
