Real estate stocks have made a strong recovery over the past two months, with a clear divergence emerging between commercial and industrial properties. Different stocks in different directions Several real estate stocks surged on June 2, the first trading day of the week, with standout gainers including Khang Dien House Trading and Investment JSC (HOSE: KDH), No Va Real Estate Investment Group JSC (HOSE: NVL), and C.E.O Group JSC (HNX: CEO). Some stocks even hit their ceiling prices, such as Phat Dat Real Estate Development Corp (HOSE: PDR) and Development Investment Construction JSC (HOSE: DIG). Real estate stocks are once again gaining strong momentum, with Vinhomes (HOSE: VHM) leading the rally on a surge of over 100% in the past three months. NVL has also rebounded sharply, climbing more than 80% from its early April low. Dat Xanh Group (HOSE: DXG) has advanced over 40% in the past two months. Other stocks such as KDH, CEO and PDR, though slower to start, have also recorded notable gains in recent sessions. In contrast to commercial real estate stocks, those issued by industrial park developers have advanced at a much slower pace though following the market’s general recovery trend since mid-April. For […]
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