Bored with "ATC collapse", VN-Index "heats up ATC"
In the trading sessions of mid-October, the stock market witnessed the phenomenon of “ATC collapse”. That is, the market was trading normally, either increasing slightly or decreasing slightly at the beginning of the session, then during the ATC trading session, the VN-Index suddenly plummeted, causing investors to suffer heavy losses.
In the stock market session on October 19, the phenomenon of "ATC collapse" continued, causing the stock market session on October 20 to start with many concerns from investors. At the beginning of the session, VN-Index fluctuated within a narrow range, the electronic trading board continuously switched from red to green and vice versa. However, from 11am to 2pm, red dominated, VN-Index decreased by more than 10 points, warning of a "tears" session for investors.
However, the stock market session on October 20 witnessed the opposite. While investors were preparing for another loss, the VN-Index suddenly reversed right before ATC. The massive cash flow into the market caused the electronic trading board to regain its green color.
Closing the stock market session on October 20, VN-Index increased by 20.18 points, equivalent to 1.86% to 1,108.03 points; VN30-Index increased by 18.80 points, equivalent to 1.7% to 1,123.69 points.
The entire Ho Chi Minh City Stock Exchange had 389 stocks increasing in price (25 stocks hitting the ceiling), 45 stocks remaining unchanged and 122 stocks decreasing in price. The VN30 group had 29 stocks increasing in price and only 1 stock decreasing in price. The rare blue-chip that closed the October 20 stock session in red was SSB.
After many "floor-crashing" sessions right before the ATC trading session, today, October 20, the stock market recorded the VN-Index suddenly "hot ATC". Illustrative photo
Liquidity remains a notable highlight of the stock market on October 20. After yesterday's strong increase, today, the trading volume of the Ho Chi Minh City Stock Exchange turned sharply down, to only 658 million shares, equivalent to VND14,171 billion.
On the Hanoi Stock Exchange, the indices grew at a much faster rate than the VN-Index and VN30-Index in the stock session on October 20.
Closing the stock market session on October 20, HNX-Index increased by 5 points, equivalent to 2.24% to 228.45 points; HNX30-Index increased by 19.24 points, equivalent to 4.18% to 479.78 points.
Liquidity on the Hanoi Stock Exchange dropped to a very low level. Only 97.4 million shares, equivalent to VND1,837 billion, were successfully traded.
Stocks, real estate racing to the ceiling
If in the stock market session on October 19, real estate and securities stocks raced to the floor, then in the stock market session on October 20, stocks of these two industries "turned around" and hit the ceiling together.
The group of securities stocks had 5 codes closing the session in purple. They were BSI, HCM, CTS, ORS and FTS. BSI increased by 2,450 VND/share to 38,050 VND/share. CTS increased by 1,500 VND/share to 29,100 VND/share; FTS increased by 2,700 VND/share to 41,300 VND/share. HCM increased by 1,850 VND/share to 28,900 VND/share and ORS increased by 1,050 VND/share to 16,050 VND/share.
In addition, many other codes such as AGR, APS, EVS, IVS, MBS, SHS, PSI, VDS,… also have a very strong growth rate.
In terms of the number of stocks hitting the ceiling, securities stocks are far behind real estate stocks.
Closing the stock market session on October 20, DIG increased by 1,300 VND/share to 20,350 VND/share, DLG increased by 130 VND/share to 2,080 VND/share, DXS increased by 1,050 VND/share to 16,750 VND/share, HAR increased by 230 VND/share to 3,630 VND/share, HDC increased by 1,950 VND/share to 30,450 VND/share, HDG increased by 1,700 VND/share to 26,450 VND/share, NLG increased by 2,200 VND/share to 58,000 VND/share,...
However, in the VN30 group, the industry group with the strongest improvement rate is not securities or real estate but retail. Blue-chips in the retail group increased the most strongly.
At the close of the stock market session on October 20, MSN increased by VND 2,600/share, equivalent to 3.92% to VND 69,000/share; MWG increased by VND 1,700/share, equivalent to 3.95% to VND 44,700/share, HPG increased by VND 650/share, equivalent to 2.74% to VND 24,350/share, VNM increased by VND 900/share, equivalent to 1.26% to VND 72,300/share, etc.
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