Foreign investors continue to disburse, VN-Index increases to 1,230 points thanks to a series of pillars

Foreign investors continue to disburse, VN-Index increases to 1,230 points thanks to a series of pillars

Top 10 stocks that foreign investors net bought all increased in price in the session on February 20. This was the second consecutive net buying session by foreign investors.

The Vietnamese stock market's upward momentum continued to be consolidated with the 7th consecutive session of increase. Since the beginning of the year, the VN-Index has increased by nearly 8.7%. On February 20 alone, the VN-Index increased by 5.09 points (+0.42%) to 1,230.06 points. The HNX-Index increased by 0.13 points (+0.05%) to 233.5 points. The UpCoM-Index increased by 0.07 points (+0.08%) to 90.53 points.

The number of stocks increasing/decreasing is quite equal. The whole floor has 363 stocks increasing, 23 stocks hitting the ceiling; while there are only 15 stocks hitting the floor and 342 stocks decreasing.

Today's increase was supported by three pillars: Vietcombank , Vingroup and GVR stocks, with an increase of around 1.5 points. VCB stock price increased by 1.22% to VND91,300/share, equivalent to a capitalization of more than VND510,000 billion.

Vingroup has also entered the top 5 enterprises with the largest market capitalization on the stock exchange. After 7 consecutive sessions of increase, VIC stock price increased by 15%. Vincom Retail (VRE) shares at one point reached the ceiling price, before closing at +6.03% to 25,500 VND/share and achieving the leading liquidity in the VN30 bluechip group with more than 25.1 million units.

Total market liquidity reached VND23,680 billion, exceeding the billion dollar mark. Of which, on HoSE alone, the trading volume reached nearly 940 million units, worth VND21,121.2 billion, down more than 10% in volume and 15% in value compared to yesterday's session. Negotiated transactions reached VND2,186.7 billion.

VRE ranked third in terms of trading value during the session. The two securities stocks leading in liquidity were VIX (VND910 billion) and SSI (VND642 billion).

The highlight of today's session was also the participation of foreign investors. Foreign investors had their second consecutive net buying session. While yesterday's session had a sudden cash flow from the acquisition of Saigon - Hanoi Insurance (BSH) shares by DB Insurance - the insurance giant from Korea, foreign investors disbursed a large amount of money and a series of stock codes.

Most of the stocks that foreign investors bought net increased in price except for MSB which stood at the reference price. This stock was bought net the most by foreign investors, approximately 233 billion VND. A series of stocks were disbursed over hundreds of billions of VND, such as VIX, VHM, VRE, VIC. On the other hand, foreign investors took large profits in MWG, STB, VPB stocks. In total, foreign investors bought net 171 billion VND on all three stock exchanges.

Source: https://baodautu.vn/khoi-ngoai-tiep-tuc-giai-ngan-vn-index-tang-len-1230-diem-nho-loat-tru-cot-d209228.html