Stock market hits new high

On the Ho Chi Minh City Stock Exchange, the market performance was quite similar to yesterday's session, increasing at the beginning and end of the session.

In the morning session, after the opening hour, VN-Index increased above 1,618 points. However, from 10:00 a.m., selling pressure increased, causing the index to return to the reference level and show red color, then lose the 1,600 point mark. After the lunch break, VN-Index stopped at 1,591.51 points, down 16.71 points.

In the afternoon session, the market was in red for most of the trading time due to high selling pressure. Fortunately, towards the end of the session, demand improved, helping the market rise again.

At the end of the session, VN-Index stopped at 1,611.6 points, up 3.38 points (0.21%) while VN30-Index was at 1,753.71 points, down 1.54 points (-0.09%). Thus, the VN-Index closed above the previous peak recorded yesterday and set a new peak.

The number of stocks increasing and decreasing in price is equal, 164 codes and 165 codes. In the VN30 group, the number of stocks increasing and decreasing in price is 11 codes and 16 codes respectively.

Market developments continue to depend on large stocks. In this session, of the 10 stocks with the largest capitalization, only 3 stocks are green, namely VIC, CTG and MBB, 1 stock decreased in price, the rest are all red.

The strongest support for the market was MBB, contributing nearly 2.3 points to the VN-Index; followed by CTG (more than 2 points), MSN (0.84 points), LPB (0.83 points)... On the other hand, two other bank stocks, VPB and VCB, took away the most points, respectively VPB (more than 1.44 points) and VCB (nearly 1 point).

The sectors that increased in price were slightly higher than those that decreased. The most positive developments were in the insurance, hardware and equipment, and personal and family care products sectors with increases of more than 2%.

The stock group performed quite positively with most stocks increasing in price, including some codes that increased to the limit such as MBS, CTS. On the contrary, energy, vehicles and components, software and services all decreased by more than 1%.

Many investors took profits but many also bought, thanks to which liquidity was high. Nearly 56,000 billion VND was changed hands on the entire floor. Foreign investors were strong net sellers. This group bought more than 4,271 billion VND and sold more than 5,750 billion VND.

On the Hanoi Stock Exchange, the total transaction value reached more than VND5,000 billion. At the end of the session, the HNX-Index stopped at 279.69 points, up 3.22 points (1.16%); the HNX30-Index reached 625.71 points after gaining 10.96 points (1.78%).

Source: https://hanoimoi.vn/thi-truong-chung-khoan-len-muc-dinh-moi-712473.html