After VN-Index regained the 1,200 point mark, the upward momentum in the market slowed down. Investor sentiment is no longer as excited as yesterday’s session, caution is increasing in the context of slow liquidity growth, and VN-Index lacks upward momentum. The main index fluctuated around the reference, at one point falling beyond the 1,200 point threshold.
The main index closed down slightly by less than 1 point, but on HoSE, nearly 300 stocks decreased in price. Although the VN30-Index remained green, the number of stocks that decreased in price was also overwhelming, with 16 codes.
Technology and retail groups still play a supporting role for the market, with MWG and FPT being the stocks with the strongest increases in the market. MWG was the only stock that changed hands at trillions during the session, with a transaction value of 1,023 billion VND. Meanwhile, FPT’s liquidity is the second highest on the entire exchange, at 708 billion VND. Money invested in MWG and FPT stocks is much higher than the general market, far ahead of the next stocks such as DIG, MSN… with only over 400 billion VND traded.
FPT continues to lead the market.
FPT today had a time near the ceiling price, reaching the highest level of 128,000 VND/share, but at the end of the session the upward momentum cooled down, closing at 123,200 VND/share. The upward momentum of FPT shares continued after the news of cooperation with NVIDIA. MSN closed up 1.8% on the day Masan held its shareholders’ meeting in Ho Chi Minh City. This year’s revenue plan of reaching 90,000, implementing an IPO of a consumer goods company… are news of interest.
Influential groups such as banks, securities, construction, materials, oil and gas, chemicals… recorded overwhelming red. The market lost the driving force from the largest capitalization group – banks.
In the context of gloomy trading, divergence, major stocks correcting, some penny stocks are floating again. QCG increased to ceiling price of 15,900 VND/share. In the past month, Quoc Cuong Gia Lai’s shares increased by 45%, often trading at ceiling price.
At the end of the trading session, VN-Index decreased 0.64 points (0.05%) to 1,204.97 points. HNX-Index decreased 0.3 points (0.13%) to 227.57 points. UPCoM-Index decreased 0.04 points (0.05%) to 88.33 points. Liquidity decreased sharply, HoSE order matching value was just over 12,100 billion VND.
Foreign investors continued to net sell nearly 400 billion VND, focusing mainly on FUEVFVND fund certificates (277 billion VND). Meanwhile, MWG was strongly disbursed, with a net purchase value of more than 209 billion VND.
