On March 14, the stock market saw the share of SHB (Saigon-Hanoi Commercial Bank) surge with an extraordinary trading volume of over 118 million shares, amounting to nearly 1.3 trillion VND. This makes SHB one of the few stocks to exceed 100 million shares traded, alongside FLC and NVL. SHB hit the ceiling price at 10,700 VND/share, the highest in 18 months, with a buy volume at ceiling price of over 5 million units. The bank also completed the issuance of 402.8 million shares for dividend payment, boosting its charter capital to 40.658 trillion VND. The projected pre-tax profit for 2024 is 11.543 trillion VND, an increase of 25% from the previous year. SHB is set to hold its annual general meeting on April 22, 2025.
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