Continuing the excitement from yesterday, this morning's trading session (August 13), VN-Index opened in green, challenging the resistance zone of 1,610 - 1,620 points. However, when the index approached the 1,615 - 1,620 point zone, profit-taking selling pressure occurred massively, pushing VN-Index to lose nearly 28 points, falling below the 1,590 point mark.
The demand, mainly from the real estate group, was only enough to help the market stop its deep fall but not strong enough to pull the index back to the 1,600-point mark. At the end of the morning session, red dominated with 229 stocks falling, nearly 2.5 times the number of stocks rising (93 stocks).
Entering the afternoon trading session on August 13, right at the beginning of the session, the echo of selling pressure continued to cause the VN-Index to break through the morning bottom, reaching the lowest level of the day at 1,585.54 points. However, the waiting cash flow quickly entered the game, gathering strongly at low prices, pulling many stocks to reverse and increase. The green and red colors balanced again, the VN-Index gradually climbed, surpassed the reference and closed with a slight increase but importantly surpassed the resistance of 1,610 points.
At the end of the session, VN-Index increased by 3.38 points (+0.21%), reaching 1,611.6 points; the number of codes increasing and decreasing was almost equal (164 increased, 165 decreased). Liquidity exploded with 1.95 billion shares, worth VND55,917.8 billion, up 17% and 23% respectively compared to yesterday; negotiated transactions accounted for 78.5 million units, worth VND2,206.6 billion.
Leading banking group, MBB has the strongest breakthrough
The banking group became the main support with a series of reversing codes. In addition to LPB, MBB,SHB maintaining green color since morning, CTG, ACB, MSB, EIB, HDB codes also successfully increased in price.
MBB attracted attention when it increased by 6.17% to VND25,800 thanks to information about cooperation to establish a crypto-asset exchange with a Korean partner. Since the beginning of August, this stock has increased by 26.6% after a series of 7 consecutive increasing sessions and only one slight adjustment session.
CTG ranked second in terms of increase in the group (+3.33% to VND49,600), followed by LPB (+3.02%), SHB (+2.38%) andACB (+1.03%). On the downside, VPB was still the code with the deepest decrease (-2.7%) but narrowed compared to the morning; SSB lost 2.21%, the remaining codes decreased slightly under 1%.
Stocks reversed dramatically . In contrast to the morning session, the stock group exploded strongly in the afternoon. CTS increased to the ceiling of 44,850 VND; VDS (+4.25%), VCI (+3.3%), HCM (+3.24%), TVS and FTS all increased by more than 2%. VIX also turned around and increased by 1.17% after falling the most in the group in the morning.
Real estate returns, steel loses shine
Many real estate stocks hit the ceiling such as EVG, NLG, HDG, CII, NBB; many other stocks increased sharply such as DC4 (+6.54%), KDH (+5.85%), NTL (+4.98%), DIG (+4.54%). On the contrary, the steel group was under selling pressure, with HPG (-1.4%), NKG (-1.78%), SMC (-2.31%) and HSG (-0.76%).
Market liquidity was concentrated in the financial group, along with some real estate codes and HPG. SHB led with 115 million units, followed by HPG (79.77 million), MBB (79.61 million), SSI, VIX, VND, EVF, VPB...
Excited sentiment, upgrade expectations. The fact that VN-Index remained above 1,610 points after a strong shake-up session shows that demand is still abundant and investor sentiment is positive. Many forecasts suggest that the market may be upgraded by FTSE in the September review, thereby creating more momentum to surpass the 1,610 - 1,620 point range. MA5 at 1,597 points is currently the nearest support level.
Developments on HNX and UPCoM . HNX-Index also reversed dramatically, closing at the highest level of the day at 279.69 points (+1.16%), volume of 228.6 million shares, value of VND 5,176 billion. Many codes hit the ceiling such as MBS, HUT, IDJ, APS, LIG, VC7, API. SHS led the liquidity (60.72 million shares, +4.18%).
UPCoM-Index increased 0.2% to 109.42 points with 119.9 million shares matched, worth VND1,615.3 billion. HNG led the liquidity (22.21 million shares, +7.81%), followed by ABB and BVB.
Derivatives and warrants market . VN30-Index decreased slightly by 0.09% to 1,753.71 points. VN30 August futures contract lost 3.4 points, with liquidity of 364,130 contracts.
Warrants were active in the banking group and HPG, led by CLPB2502 (+24.04%) and CMBB2511 (+9.06%).
Corporate bonds. Individual corporate bond transactions reached 2.63 million units, worth VND5,407.8 billion; 4 codes over VND1,000 billion were mainly issued byOCB , ABB, TPB and An Thinh banks.
The session on August 13 showed that the cash flow in the Vietnamese stock market is still very strong, enough to absorb profit-taking pressure and keep the VN-Index above the 1,610-point mark. Investor sentiment remains excited, especially when expectations for a market upgrade in September are increasing, opening up the possibility that the index will soon conquer higher resistance zones.
Source: https://phunuvietnam.vn/vn-index-lap-ky-luc-8-phien-tang-vung-vang-tren-moc-1610-diem-20250813181531052.htm
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