Money flows into the stock market on July 11
The stock market session on July 11 started with many positive signals such as cash flow may return when the number of trading accounts increased sharply.
The Vietnam Securities Depository (VSD) has just announced statistics on the number of new securities trading accounts opened in June. Accordingly, in June, domestic investors opened 145,864 new accounts, continuing the growth momentum of recent months. This number increased by more than 45,000 accounts compared to May and is the highest level in 10 months since September 2022.
Thus, the total number of securities accounts of domestic retail investors has exceeded 7.25 million accounts, equivalent to about 7.2% of the population.
These figures help to strengthen the psychology of stock investors because they believe that due to low interest rate policies, cash flow will soon return to the stock market.
The July 11 stock market still recorded the strength of real estate and construction stocks. In addition, Mr. Duc and Shark Thuy were also bright spots. Illustrative photo
The stock market session on July 11 proved that investors' optimism was well-founded when the VN-Index increased sharply along with improved liquidity.
Closing the stock market session on July 11, VN-Index increased by 2.75 points, equivalent to 0.24% to 1,151.77 points; VN30-Index increased by 3.51 points, equivalent to 0.31% to 1,146.67 points.
The entire floor recorded 937 million shares, equivalent to 19,137 billion VND, successfully transferred, significantly increasing both in volume and transaction value compared to the first trading session of the week.
Cash flow also flowed heavily into blue-chips when the VN30 group recorded 261 million shares, equivalent to 7,861 billion VND, being traded.
If yesterday, in the large-cap group, banking and retail stocks led the market, today the retail group has weakened. Banking stocks still support the VN-Index with a series of strong increases such as VCB, MBB, CTG, HDB, ...
The growth rate of cash flow on the Hanoi Stock Exchange was slightly lower than that of the Ho Chi Minh City Stock Exchange. In the stock session on July 11, the Hanoi Stock Exchange only had 119 million shares, equivalent to VND1,864 billion, successfully traded.
Bau Duc, Shark Thuy "make waves"
In the group of capitalization stocks, real estate stocks are “weaker” than banks. Except for VHM and VRE, which increased slightly, the remaining stocks all closed the July 11 stock market session in purple.
However, with penny and mid-cap stocks, construction real estate stocks still maintain their heat when many codes simultaneously hit the ceiling.
Closing the stock market session on July 11, CCL increased by 510 VND/share to 7,910 VND/share; DC4 increased by 630 VND/share to 9,630 VND/share; SC5 increased by 1,250 VND/share to 19,450 VND/share; LM8 increased by 850 VND/share to 13,650 VND/share,...
In the stock market session on July 11, there were two prominent tycoons. They were Mr. Doan Nguyen Duc (Bau Duc) and Mr. Nguyen Ngoc Thuy (Shark Thuy). HAG shares of Mr. Duc and IBC of Shark Thuy hit the ceiling or near the ceiling after a series of ups and downs.
At the close of the stock market session on July 11, IBC increased by 120 VND/share to 1,950 VND/share. There were millions of ceiling buy orders placed for IBC shares. Meanwhile, HAG may have traded in purple, but at the close of the session, HAG increased by 560 VND/share, equivalent to 6.8% to 8,760 VND/share, only 10 VND/share lower than the ceiling price.
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