Green color spreads, VN-Index continues to reach a peak of more than 15 points

Green continued to dominate the stock market on the morning of October 10, helping the VN-Index maintain its strong growth momentum and temporarily surpass the 1,730 point mark.

Green spread to many industry groups in the morning session of October 10. Photo Bnews/vnanet.vn

Cash flow spread widely across most sectors, especially real estate, industry and information technology, while foreign investors maintained a net selling status.

At the end of the morning session on October 10, VN-Index increased by 15.28 points (up 0.89%) to 1,731.73 points. In contrast, HNX-Index decreased slightly by 0.05%, stopping close to the reference level at 274.89 points. The whole market recorded 390 stocks increasing and 308 stocks decreasing, showing that the breadth was tilted towards the buying side.

In terms of influence, VHM was the brightest spot, contributing 5.4 points to the overall increase of VN-Index.

By industry group, green color covered most of the fields. Information technology temporarily led the increase, mainly thanks toFPT (up 1.7%) and CMG (up 1.26%). Real estate and industrial groups also traded actively, with demand concentrated on a series of large stocks such as

VHM (up 4.7%), PDR (up 1.72%), CEO (up 1.93%), NVL (up 2.61%), KBC (up 2.86%), NLG (up 2.94%), DIG (up 3.13%); along with industrial codes such as CII (up 5.01%), VCG (up 1.62%), VSC (up 2.61%), GMD (up 2.23%) and GEE increased to the maximum.

On the other hand, the essential consumer group was the negative point of the market this morning when it decreased slightly, affected by VPL (down 0.57%), MWG (down 0.61%) and HHS (down 1.52%). However, cash flow was still present in many other codes such as FRT (up 2.91%), HUT (up 2.35%), DGW (up 1.34%), VGG (up 1.11%) and PET (up 1.04%).

Foreign investors continued to maintain their net selling trend with a total value of VND490.73 billion across the market. Selling pressure was mainly concentrated at VPB (VND198.85 billion) and CTG (VND186.79 billion). On the other hand, HPG (VND193.89 billion) and VHM (VND163.69 billion) led the net buying list, contributing to supporting the overall market uptrend.

The positive developments in the morning session show that investor sentiment is still stable and expecting a sustainable uptrend after the market upgrade. However, profit-taking pressure may increase in the afternoon fluctuations, when VN-Index continuously sets historical peaks.

According to VNA

Source: https://baohaiphong.vn/sac-xanh-lan-toa-vn-index-tiep-tuc-lap-dinh-tang-hon-15-diem-523140.html