Stocks lead, VN-Index jumps 2%, strongest in nearly 4 months

VN-Index had a session that increased by over 2%, the first time since the session on August 16, 2024 (2.34%). A series of stock groups made strong breakthroughs.

Stocks lead, VN-Index jumps 2%, strongest in nearly 4 months

VN-Index had a session that increased by over 2%, the first time since the session on August 16, 2024 (2.34%). A series of stock groups made strong breakthroughs.

After a slight decline with improved liquidity, Vietnamese stocks had a strong rebound. Although at the beginning of the session, the sentiment of investors was not too pessimistic in the trading session on December 5 and the indices all regained green. Large-cap stocks recorded quite a lot of positivity, but the increase of most codes was modest. Although there were occasional fluctuations, the selling pressure was not too strong and only occurred in a few small and medium-sized stocks. Some steel stocks such as NKG, HSG or VND were sold very strongly. VN-Index at times fell below the reference level, but the decrease was only about 2 points. Immediately after that, the index quickly regained green.

The market focus was on the afternoon session when bottom-fishing demand increased and helped a series of stock groups recover strongly. In particular, stocks in the securities group led and helped the cash flow spread widely to many stock groups. The indices therefore also broke out.

At the end of the trading session, VN-Index increased by 27.12 points (2.19%) to 1,267.53 points. HNX-Index increased by 4.98 points (2.22%) to 229.6 points. UPCoM-Index increased by 0.51 points (0.55%) to 92.95 points. The last time VN-Index increased by more than 2% was on August 16, 2024 (2.34%).

The whole market had a total of 557 codes increasing while only 181 codes decreased and 825 codes remained unchanged or not traded. Notably, the number of codes increasing to the ceiling was 34 while only 13 codes decreased to the floor. The securities group continued to play a leading role in the general market when it was the group with the strongest and most synchronous increase in today's session. In which, SSI, HCM, VCI, FTS, BSI, VIX... all closed at the ceiling price. Other securities codes such as AGR, SBS, VND, IVS... all had very strong price increases. Although closing without increasing the ceiling price, the amplitude of VND was very large. At one point in the trading session, VND decreased by nearly 5.7%, but ended the session up more than 4.5%. Corresponding to a fluctuation amplitude of 10.8%.

A series of pillar stocks increased, pulling the VN-Index up more than 2%.

Cash flow spread to many other stock groups. In the VN30 group today, there were 29 stocks increasing in price, while only 1 stock decreased, BVH, with a decrease of 0.19%. Besides SSI, MWG also increased by 5% after yesterday's strong selling session, STB increased by 4.78%, HPG increased by 4.3%, BCM increased by 4.29%,FPT continued to increase by 3.5%. HPG and HPG were the stocks with the most positive impact on the VN-Index, both contributing 1.77 points. CTG contributed 1.42 points. VHM also contributed 1.29 points.

Stock groups such as retail, textiles, seafood, public investment, etc. also increased sharply in price.

On the other hand, HVN went against the positive trend of the general market and decreased by 3.15% to 26,150 VND/share. HVN was also the code that put the most pressure on the VN-Index when it took away 0.46 points. Viettel stocks surprised everyone when they were sold off very strongly, completely opposite to what happened in the general market. VTP hit the floor to 140,400 VND/share and took away 0.31 points from the VN-Index. CTR also took away 0.09 points when it decreased by 2.61%. CTG and VTK decreased by 2.61% and 2%, respectively.

Foreign investors returned to net buying of nearly 700 billion VND

Market liquidity increased sharply compared to previous sessions and far exceeded the average. Total trading volume on HoSE reached 908.4 million shares, equivalent to a trading value of VND21,041 billion (up 51% compared to the previous session), of which negotiated transactions contributed VND1,847 billion. Trading values ​​on HNX and UPCoM also increased, reaching VND1,554 billion and VND632.9 billion, respectively.

HPG was the most traded stock today with a trading value of over VND1,220.9 billion. SSI and FPT traded VND889 billion and VND707 billion respectively. Foreign investors returned to net buying with VND669 billion on HoSE. Foreign investors net bought HPG the most with VND127 billion. MSN and FPT were net bought with VND79 billion and VND74 billion respectively. Meanwhile, VCB was the most net sold with VND92 billion. HSG was behind but the net selling value was only VND38 billion.

Source: https://baodautu.vn/co-phieu-chung-khoan-dan-dat-vn-index-vot-tang-2-manh-nhat-gan-4-thang-d231765.html