News · CafeF

One real estate stock hits the daily floor for the 20th straight session

The VN-Index rose 7.56 points (0.45%) to 1,705 on October 16, ending a seven-session losing streak, helped by gains in banking and securities stocks. Liquidity on HoSE, however, fell to about VND 10,728 billion from VND 14,800 billion the previous session, and foreign investors remained net sellers of nearly VND 560 billion. In contrast, Kosy (KOS) hit the daily floor for the 20th consecutive session, with about 91 million shares in excess sell orders, roughly 42% of shares outstanding, and has lost about 80% in one month. Ms. Hoàng Thị Yến, younger sister-in-law of Chairman Nguyễn Việt Cường, registered to buy 8 million KOS shares from October 15 to November 13, but no purchases had been recorded; earlier, the Chairman and related entities had faced forced sales of KOS shares.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Một cổ phiếu bất động sản giảm sàn phiên thứ 20

Read the original on CafeF ↗

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