Money floods the exchange again

Money floods the exchange again

The stock market session on June 7 still maintained the scenario of facing selling pressure at the beginning of the session. Fluctuating around the 1105 point area, VN Index was under selling pressure right from the beginning of the session when the liquidity

Increased active selling in many industry groups caused the general index to fail to maintain green, reversing below the reference level.

However, according to VCBS Securities Company, the stock market on June 7 still had differentiation and steel stocks were the most prominent when attracting demand, increasing approximately 2.5%.

The fluctuation and fluctuations within a narrow range were still recorded in the afternoon session with the number of codes increasing and the number of codes decreasing almost equal. However, the buying force in the last minutes of the session helped the stock market on June 7 regain green, maintaining the upward momentum.

In the stock market session on June 7, cash flow flooded the trading board again, real estate stocks hit the ceiling, especially NVL and PDR stopped in purple. Illustrative photo

Foreign investors still do not have a really positive view of the market when they returned to net selling throughout the session with liquidity of 277 billion, focusing on selling STB, BSR , CTG.

At the close of the stock market session on June 7, VN Index increased by 1.23 points, equivalent to 0.11% to 1,109.54; HNX Index closed at 230.33 points after increasing by 1.61 points.

Liquidity continued to be the highlight of the stock market session on June 7. Trading volume once again exceeded 1 billion units. More than 1 billion shares, equivalent to 18,083 billion VND, were successfully traded. The VN30 group recorded 292 million shares, equivalent to 7,082 billion VND transferred. Strong cash flow caused many real estate stocks to break out, of which two codes hit the ceiling: NVL and PDR.

VCBS assessed that the VN-Index's correction after a series of consecutive increasing sessions is completely understandable, and is still seen as positive and necessary for the market to move up to the 1120 - 1125 area.

“We recommend that investors limit increasing the proportion of stocks that have increased sharply, but should consider taking partial profits and take advantage of the fluctuations to buy back in industry groups that are having good demand such as securities, banking, and real estate,” VCBS advised investors.

Asian stocks lose excitement

Asia- Pacific markets are trading mixed as the region digests China's May trade data and a speech by Reserve Bank of Australia Governor Philip Lowe, a day after Australia's central bank defied expectations and raised its benchmark interest rate to an 11-year high.

China's trade data missed forecasts, customs data showed. Exports fell 7.5% year-on-year, much smaller than the expected 0.4% decline, while imports fell a more modest 4.5% year-on-year, compared with the forecast 8% drop. The country's trade surplus in May was $65.81 billion, down 16.1%.

In Australia, the S&P/ASX 200 fell 0.16%, posting its second straight day of losses and ending at 7,118, as Australia's gross domestic product grew 2.3% in the first quarter of the year, the slowest growth rate in 1.5 years.

Japan's rally appeared to have stalled, with the Nikkei 225 index sliding 1.82% to 31,913.74, leading losses across the region and snapping a four-day winning streak. The Topix saw a smaller 1.34% drop to end at 2,206.3.

South Korean markets rebounded after the holiday, with the Kospi rising slightly to hit its highest in about a year at 2,615.6 and the Kosdaq gaining 1.2% to close at 880.72.

Hong Kong's Hang Seng Index rose 0.6% in the final hour of trading, while mainland Chinese markets were mixed. The Shanghai Composite edged up to 3,197.76 and the Shenzhen Component fell 0.6% to close at 10,708.82, posting its third straight day of losses.

Overnight in the United States, the S&P 500 and Nasdaq Composite rose on Tuesday to their highest closing levels since 2023 began, as Wall Street digested a recent rally that took the broad index to a nine-month high. The Dow Jones Industrial Average had a smaller gain of 0.03%.

Coinbase fell more than 12% after the Securities and Exchange Commission sued the cryptocurrency company.

Source: https://www.congluan.vn/chung-khoan-7-6-tien-lai-tran-ngap-san-giao-dich-post250708.html