Demand for large-cap stocks gradually increased in the afternoon session of August 12, helping the VN-Index increase by 6.64 points, continuing the two consecutive sessions of increase to 1,230 points.
Before the first trading session of the week, many securities companies still maintained a cautious stance even though the index had a strong recovery last weekend.
According to Agriseco, VN-Index has regained the 1,200 point mark, but this may be a technical recovery and the market will need another correction to form a second bottom, before returning to the uptrend. Therefore, investors are recommended to disburse when the market has formed a second bottom or when the market forms a balance zone, prioritizing disbursement of leading stocks, stocks in the VN30 group when they have reached the oversold zone.
In fact, the first morning session of the week also showed that the VN-Index traded in a not-so-excited state when the large-cap basket was under intense pressure. The index fell below the reference point at one point, but quickly regained green and edged up to nearly 1,227 points.
Selling pressure reappeared in the VN30 group after the lunch break, causing the index to trade in the red. However, the demand gradually increased before the closing hour, helping the VN-Index reverse quickly before closing at 1,230 points, up 6.64 points compared to the reference to extend the two-session winning streak.
Today, the Ho Chi Minh City Stock Exchange had 238 stocks gaining points, outnumbering the number of stocks falling with 168 codes. The VN30 basket contributed positively to the excitement when 19 codes closed above the reference and only 8 codes decreased.
FPT accumulated 2.44% compared to the reference, up to 130,000 VND, becoming the main driving force for the market. Many representatives of the banking group also appeared in the list of codes that had the most positive impact on the VN-Index. Specifically, MBB increased by 1.07% to 23,700 VND, VPB increased by 0.83% to 18,150 VND, CTG increased by 0.63% to 31,700 VND.
The oil and gas group joined the market's excitement when most stocks closed in the green. Specifically, PLX increased by 1.8% to VND48,850, GAS increased by 1.1% to VND82,500, PVD increased by 0.9% to VND26,850 and PVT increased by 0.7% to VND28,300. Similarly, the fertilizer group also contributed significantly to today's increase. The two pillar codes DCM and DPM increased by 1.2% to VND36,750 and 0.7% to VND36,000, respectively.
Green also dominated the aviation stocks. Specifically, HVN increased to the maximum range of VND20,350 today and closed with no sellers. Next, SGN increased 0.8% to VND84,000, VJC increased 0.2% to VND101,100.
On the other hand, the real estate group recorded less exciting transactions. VHM led the negative impact on the index when it decreased by 1.88% to 36,500 VND. VIC ranked right after that when it decreased by 1.46% to 40,600 VND. Other representatives of the real estate group such as DIG, NVL, BCM decreased by about 0.4-3.7% compared to the reference.
Trading volume in the first session of the week was approximately 551 million shares, down 36 million units compared to the previous session. Trading value accordingly decreased by VND244 billion, down to VND14,033 billion. This was the session with the lowest liquidity value in nearly half a month. The VN30 basket contributed a trading volume of approximately 207 million shares and liquidity of over VND7,608 billion.
FPT ranked first in market liquidity with a trading value of more than VND797 billion (equivalent to more than 6.2 million shares). Following were DIG with more than VND751 billion (equivalent to about 34.3 million shares) and MWG with more than VND729 billion (equivalent to 11 million shares).
Foreign investors maintained their net buying status for the second consecutive session. Specifically, foreign investors today disbursed more than VND1,597 billion to buy 43.4 million shares, while only selling more than 40.8 million shares, equivalent to VND1,564 billion. The net buying value accordingly reached VND33.6 billion.
Foreign capital flows focused on disbursing into HDB shares with a net value of over VND205 billion. FPT ranked next in terms of attracting foreign capital flows with a net purchase value of over VND150 billion. Meanwhile, foreign investors sold VJC shares heavily with a net value of over VND254 billion. Next was HPG with about VND54 billion, DGC with approximately VND45 billion.
Source: https://baodautu.vn/vn-index-tang-hon-6-diem-trong-phien-dau-tuan-d222230.html
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