Blue-chip stocks pull the index

SGGPO July 12, 2023 16:19

Although the number of stocks decreasing was greater than the number of stocks increasing, the VN-Index continued to increase thanks to pillar stocks pulling the index.

Blue-chip stocks maintained green color, helping VN-Index continue to increase points.

The Vietnamese stock market in the trading session on July 12 took place in a highly cautious atmosphere of investors. That was also the reason for the sharp decrease in liquidity. The supply force at low prices was always greater than the demand force, so the VN-Index fell below the reference level almost during the trading time. However, the group of large-cap stocks still maintained the green color, helping the VN-Index not to fall deeply. The stocks that contributed to the index in this trading session were the trio of Vingroup VHM, VIC, VRE. In addition, there were VCB, BVH...

Meanwhile, the banking stocks group was heavily tilted towards red with VPB down 1.26%, LPB down 3.09%; CTG, TCB, MBB,ACB , STB, HDB, VIB all down nearly 1%. Similarly, the securities stocks group except CTS, SHS, TVS increased, the rest were also flooded with red such as: SSI down 0.36%, VND down 1.68%, HCM down 1.32%, VIX down 1.3%, BSI down 1.41%...

In the real estate group alone, in addition to the trio of Vingroup stocks, some other stocks also maintained good growth rates such as: PDR increased by 3.8%, HHV increased by 2.58%, HDC increased by 1.04%, DPG increased by 1.15%, NTL increased by 1.77%...

At the end of the trading session, VN-Index increased by 2.43 points (0.21%) to 1,154.2 points with 191 stocks increasing, 233 stocks decreasing and 84 stocks remaining unchanged.

At the end of the session on the Hanoi Stock Exchange, the HNX-Index decreased slightly by 0.33 points (0.15%) to 228.88 points with 99 stocks decreasing, 86 stocks increasing and 148 stocks remaining unchanged. Liquidity on the HOSE floor decreased sharply with a total transaction value of only nearly 16,700 billion VND. In total, the total transaction value on the whole market reached about 19,000 billion VND. Foreign investors continued to net sell more than 440 billion VND on the HOSE floor.

Source: https://www.sggp.org.vn/co-phieu-blue-chips-keo-chi-so-post697134.html