The Vietnamese stock market closed the trading session on August 21 in an explosive state when the VN-Index increased by 23.64 points (equivalent to 1.42%) to 1,688 points, approaching the 1,700 point mark.
The pull from the finance and banking group contributed to pushing the VN-Index further away from the reference. In the morning session, the VN-Index maintained an increase of over 20 points, despite profit-taking pressure in many other sectors such as consumption, real estate, industry or raw materials.
In the afternoon session, strong cash flow into banking stocks made the market more excited. VN-Index at times surpassed the 1,690 point mark and continuously challenged the 1,700 point barrier.
VN-Index approaches 1,700 points. (Screenshot)
At the end of the trading session on August 21, the HoSE recorded 214 stocks decreasing and 118 stocks increasing. Banking stocks maintained their upward momentum from the morning session with a series of stocks hitting the ceiling price such asOCB , SSB, VIB, STB, TPB, MSB. The remaining stocks also recorded strong increases, with many stocks close to the ceiling price.
On the Hanoi Stock Exchange, the HNX-Index increased by 0.66 points (equivalent to 0.2%) to 284.39 points. The entire exchange had 71 stocks increasing and 106 stocks decreasing. The UPCoM-Index increased by 0.9 points (equivalent to 0.8%) to 110.58 points.
A notable point is that although all three main indices increased, the trading screen recorded red covering the market when the number of decreasing codes overwhelmed the number of increasing codes. The whole market had 343 increasing codes, 784 codes remained unchanged and 478 decreasing codes.
Because the index increased continuously from the beginning of the session until the close, the cash flow did not create a sudden change like the previous session. The liquidity of the whole market reached 56,500 billion VND, slightly down compared to the previous session.
In today's session, foreign investors net sold more than 2,400 billion VND. Of which, the code with the strongest net selling was VPB with 584 billion VND, HPG 344 billion VND, CTG 241 billion VND, GEX 172 billion VND, KDH 146 billion VND...
Source: https://vtcnews.vn/tang-khong-ngung-vn-index-ap-sat-moc-1-700-diem-ar960907.html
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