SHS: 5 ceiling-hitting consecution sessions explanation

On 05/09/2011, Saigon - Hanoi Securitities JSC (HOSE: SHS) explained the stock ceiling hitting for 5 consecutive sessions from 26/08/2011 to 01/09/2011 as follows:

- During the months in late 2010 and yearly 2011, the stock market continuously decreased, SHS stock was also in that trend, especially the financial statement of first 6 months were reported

- However, in recent sessions, the price of SHS has continuously increased. Reasons: 1. The Company has restructured the organization and carried out a transparent information disclosure. 2. Price of SHS was very low before. Thus, when the market receives promising signals, SHS stock receives interest of investors. The consecutive ceiling-hitting sessions of SHS were out of the company’s control.

HNX

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