Thanks to the support of real estate and banking groups, VN-Index increased by more than 4.5 points but the number of stocks decreasing in price was more than increasing.
The HoSE representative index opened below reference but quickly recovered. Banking and real estate codes performed well, helping to pull the index up every minute, sometimes increasing nearly 12 points compared to the reference. However, increased selling pressure, especially in the securities group, caused more red to appear on the electricity board and pulled down the height of the VN-Index.
In the afternoon, the market shook continuously with higher cash flow than the same period of the previous session. After a period of struggle, bottom-catching demand at the 1,200 point level prevailed, helping the index improve. VN-Index closed at more than 1,209.5 points.
The market fell into a state of “green shell, red heart” with 227 codes decreasing and 209 codes increasing. However, this difference is not too high.
Contributing the most to the index are VIC along with stocks HDB, GVR, MWG, TCB.
Meanwhile, the VN30-Index closed the session up nearly 7 points with an equal number of increasing and decreasing stocks. Hanoi stock exchange went backwards, while UPCoM closed in the green.
In the three groups that attract the most cash flow, real estate and stocks have positive developments. And the group of securities stocks deteriorated.
VIC is the strongest gainer in the group of real estate stocks with liquidity of hundreds of billions. Vingroup’s stock code closed at 5.8% higher than the reference. Other stocks mainly increased around 1%, only NVL and VHM only increased slightly.
HDB led the increase in banking stocks with hundreds of billions of liquidity, accumulating 4.9%. Except for SHB, which increased by 3.2% compared to the reference, the remaining codes such as TCB, VCB, ACB, LPB all improved by less than 1% in market price.
Red makes up the majority of the securities industry’s electricity board. VIX and VND decreased by 1.5% and 1.7%, respectively. While the group with small and medium capitalization dropped more sharply.
Liquidity today improved by about 1,300 billion to nearly 15,500 billion VND. This is the second lowest level in the past two months. The bright spot is that foreign investors returned to net buying more than 100 billion VND after four sessions of prioritizing sales. They focused on buying MWG, PVS, VCB, and MSN.
Siddhartha
