Money flows into stocks

SGGPO November 9, 2023 16:55

The Vietnamese stock market has re-established a billion-dollar trading session as money flows into the market, despite foreign investors continuing to "dump" more than VND800 billion on the HOSE floor.

Although VN-Index only increased by nearly 1 point, the market still has many shades of green and purple.

The Vietnamese stock market on November 9 continued its "exciting" momentum in the previous session, so at the opening session, the VN-Index increased points, but then faced pressure from investors to take profits, causing the market to cool down because large-cap stocks fell sharply. Although the VN-Index ended the session up only nearly 1 point, the number of stocks increasing was greater than the number of stocks decreasing. In particular, some real estate and securities stocks continued to gain purple.

Specifically, despite strong profit-taking, real estate stocks still maintained a good growth momentum such as: PDR, DRH, DXS increased to the ceiling, NLG increased by 5.91%, NVL increased by 5.16%, BCM increased by 2.35%, DXG increased by 2.37%, DIG increased by 2.51%, KDH increased by 2.74%, SCR increased by 2.79%, SZC increased by 1.88%, the Vingroup trio also increased strongly with VIC increased by 5.58%, VHM increased by 4.63%, VRE increased by 2.53%...

Similarly, in the securities group, VIX also increased sharply, SBS increased by 5.88%, BSI increased by 5.03%, AGR increased by 3.46%, VND increased by 2.56%, VDS increased by 2.01%...

Banking stocks were differentiated but tilted towards red, contributing to the index's impact. Specifically, VPB decreased by 6.32%, VCB decreased by 1.79%, SSB decreased by 1.88%,ACB decreased by 1.1%, STB decreased by 1.17%, MSB decreased by 1.12%...

In addition, many large-cap stocks also decreased sharply, VJC decreased 4.07%, MSN decreased 1.57%, SAB decreased 1.57%...

At the end of the trading session, VN-Index increased by 0.46 points (0.04%) to 1,113.89 points with 342 stocks increasing, 202 stocks decreasing and 76 stocks remaining unchanged. At the end of the session at Hanoi Stock Exchange, HNX-Index also increased by 1.19 points (0.52%) to 228.22 points with 115 stocks increasing, 66 stocks decreasing and 55 stocks remaining unchanged. Market liquidity increased sharply, the total transaction value in the whole market reached 25,000 billion VND (over 1 billion USD), an increase of nearly 4,000 billion VND compared to the previous session, of which HOSE accounted for nearly 22,000 billion VND.

In this trading session, foreign investors continued to dump stocks strongly with a total net selling value on the HOSE floor of nearly 807 billion VND.

Source: https://www.sggp.org.vn/tien-o-at-chay-vao-chung-khoan-post713429.html