VN-Index climbs to new peak, stocks of a large corporation continue to 'go against the current'

The trading session on August 6 witnessed an impressive increase in the VN-Index when it jumped nearly 27 points, showing strong demand in many pillar stocks.

With the remaining indices, HNX-Index continued to maintain green, while UpCOM-Index was under slight correction pressure, reflecting a certain differentiation between exchanges.

The market picture is generally quite positive with 529 stocks increasing in price, 22 stocks hitting the ceiling, clearly dominating over more than 240 stocks decreasing in price.

However, it is worth noting that the liquidity of the whole market has dropped sharply, down by nearly half compared to the previous session and about 10% lower than the average of the last 5 sessions. This shows that the cash flow is still selective, even though the price level is on an upward trend.

The strong recovery of the index came from stocks in three key sectors: materials, finance (securities, banking) and consumer goods. These three groups accounted for more than 80% of active buying volume in the entire market this morning.

Excluding HPG and MWG, the entire top 10 stocks contributing the most to the VN-Index's increase today come from banking stocks.

In particular, the financial group - although trading volume was lower than the 5-session average - was still the point attracting the largest cash flow and most of the stocks that increased strongly in the group were net bought by foreign investors.

A series of financial stocks increased by more than 3% such as: TCB (+3.24%), MBB (+3.03%), TPB (+3.4%), HCM (+4.7%), EVF (+6.64%)... The average increase of the securities industry today is more than 1%, while for banks it is 1.8%.

Some industry groups showed signs of breakthrough not only in price but also in liquidity compared to the average of the last 5 sessions. Typical are the retail group with codes such as MWG (+4.47%), DGW (+6.86%), fertilizer group with DCM (ceiling), DPM (+4.48%).

The steel industry includes HPG (+2.65%), HSG (+1.88%), and especially seafood with stocks hitting the ceiling such as ANV, IDI...

These are all stocks that have recorded significant price increases with soaring trading volumes. Notably, this increase has clear support from net buying power of foreign investors - a positive signal for the short-term prospects of these groups.

Besides, the oil and gas group, although not the focus at the beginning of the session, had a strong rise at the end of the morning, with increased active buying activity.

Contrary to the general trend, the information technology sector was the group with the strongest decline this morning. In particular,FPT - the stock of Vietnam's largest technology corporation - continued to decrease by 0.85%, extending its consecutive decline.

In addition, real estate, construction and utilities also recorded weaker performance than the market average. The common point of these groups is that the trading volume is significantly lower than the average of 5 sessions, showing that cash flow is still cautious and selective when allocating to these industry groups.

Foreign investors maintained a net buying position with a value of nearly VND600 billion. Net buying activities focused on banking, chemicals, retail, along with some groups with recovery potential such as warehouses, securities, steel and seafood.

On the contrary, foreign investors sold the most FPT (-772 billion VND), KDH (-92 billion VND), VCI (-70 billion VND), MSN (-64 billion VND)...