Stocks "turn around" at the end of the session

SGGPO 11/01/2023 16:17

Unlike previous sessions, where the last minutes of the session often saw a sharp drop in points, in this trading session, the VN-Index was pulled up strongly at the end of the session, recording a rather impressive recovery session in early November after a sharp drop in October.

Securities stocks increased sharply in the recovery session in early November.

The Vietnamese stock market made a comeback at the end of the trading session on November 1, pulling the VN-Index up nearly 12 points, or about 20 points more than the time of its deepest decline.

Securities and real estate stocks, which plunged in the previous session, have recovered well, creating positive sentiment for investors.

In particular, the group of securities stocks recovered early and strongly in the market when many stocks increased to the ceiling and near the ceiling. Specifically: AGR, ORS, CTS, SHS increased to the ceiling, VCI increased by 6.75%, HCM increased by 6.56%, VIX increased by 6.22%, VND increased by 6.44%, SSI increased by 5.44%, FTS increased by 4.94%, HBS increased by 4.76%, SBS increased by 3.39%, VDS increased by 4.65%...

Real estate stocks also recovered positively with KBC increasing by 4.71%, HDC increasing by 2.69%, DIG increasing by 1.98%, HDG increasing by 1.39%, DRH increasing by 1.27%, DXG increasing by 1.2%, HQC increasing by 4.1%, VCG increasing by 3.95%, HHV increasing by 6.3%, CII increasing by 4.68%, BCG increasing by 6.13%, IDC increasing by 1.18%, NVL increasing by 1.55%, SCR increasing by 3.45%...

Manufacturing stocks also recovered: VNM increased by 3.53%, HPG increased by 4.13%, MSN increased by 2.23%, GVR increased by 2.37%, DGC increased by 1.65%, SAB increased by 1.23%...

Although banking stocks were differentiated, many large-cap stocks also remained green: VCB increased by 1.15%, TCB increased by 1.81%, STB increased by 2.41%, ACB, SSB, MBB, HDB increased by nearly 1%...

At the end of the trading session, VN-Index increased by 11.47 points (1.12%) to 1,039.66 points with 319 stocks increasing, 177 stocks decreasing and 71 stocks remaining unchanged. At the end of the session on the Hanoi Stock Exchange, HNX-Index also increased by 3.48 points (1.69%) to 209.65 points with 103 stocks increasing, 63 stocks decreasing and 54 stocks remaining unchanged. Market liquidity decreased in the previous session with a total trading value of VND15,200 billion across the market.

Despite the sharp reduction in net selling, foreign investors still sold a net VND88 billion on the HOSE. The two stocks that foreign investors sold the most were VHM with VND683.07 billion and MWG with VND187.68 billion, causing these two stocks to fall sharply. Of which, VHM decreased by 1.41% and MWG continued to hit the floor for the second session, curbing the increase of the VN-Index.

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