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Stocks rose at the end of the session.

VnExpressVnExpress16/01/2024


Shaking and decreasing for most of the trading time, VN-Index increased by 9 points after the ATC session with the leading momentum of codes MWG, VHM, HPG, MSN.

The market performed badly right from the beginning of the trading session with selling pressure always lurking. At around 9:45, VN-Index fell below the 1,150-point mark but quickly recovered just 10 minutes later. From late morning to mid-afternoon, the HoSE representative index fluctuated around the reference level.

From 2 p.m., the index gradually accelerated upward. After the ATC session, the VN-Index jumped and closed at over 1,163 points, up 9 points compared to yesterday.

On the HoSE floor, 318 stocks increased, much more than the number of 163 stocks decreased. The increase was led by VHM, HPG, MSN, MWG, BID.

Retail is the group with the strongest industry index increase today. Notably, MWG has the highest liquidity in the market, reaching more than 765 billion VND and the market price accumulated by 3.3%.

The stock code of Mobile World Investment Corporation was stirred up when rumors emerged that it had successfully signed a deal to sell shares of its subsidiary Bach Hoa Xanh to the CDH Electric Bee fund. However, a representative of MWG told VnExpress that the information was incorrect. Up to now, the deal to sell shares of this food and essential consumer goods chain has not been completed.

Steel stocks also performed very well today. NKG hit the ceiling with liquidity of over VND487 billion - the fourth highest on the HoSE. The other two "big guys" HPG and HSG accumulated 2.6% and 6% respectively with active trading. Steel stocks benefited from many signs of market recovery, with prices increasing continuously over the past time.

Real estate stocks also contributed positively to the general index. A series of stocks such as DIG, CII, VHM, DXG, PDR, NVL all increased by more than 2%. Stocks with lower liquidity also increased more strongly.

HoSE liquidity increased in line with the index. Total transaction value reached over VND13,100 billion, VND470 billion higher than yesterday. Cash flow was concentrated in banking, real estate and financial services.

Foreign investors continued to net buy for the third consecutive session. Net buying value reached nearly VND150 billion, up 2.7 times compared to the previous session. This group strongly bought MWG, STB, VPB and VCB.

Siddhartha



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