Bank stocks attract cash flow, steel group stagnates

The three-session decline ended when the market opened positively, with green appearing in most industry groups.

The banking group was the biggest driving force for the index when all stocks ended the session in green, notably EIB increased by the full margin, SHB increased by 4.5%, OCB, LPB, MSB increased by over 3%, TPB, VIB, TCB, VPB and STB increased from 2% to 2.7%,...

At the end of the morning session on November 14, VN-Index increased by 11.05 points, equivalent to 1% to 1,111.1 points. The entire floor had 380 stocks increasing and 110 stocks decreasing. HNX-Index increased by 2.44 points to 228.5 points. UPCoM-Index increased by 0.65 points, equivalent to 0.76% to 86.63 points.

Finance - Banking - Bank stocks attract cash flow, steel group stagnates — VN-Index developments on November 14 (Source: Fire Ant).

However, in the afternoon session, strong selling pressure in steel and real estate stocks caused the VN-Index to lose steam.

At the end of the trading session on November 14, VN-Index increased by 9.66 points, equivalent to 0.88% to 1,109.7 points. The entire floor had 365 stocks increasing, 171 stocks decreasing, and 91 stocks remaining unchanged.

HNX-Index increased by 1.32 points, equivalent to 0.58% to 227.43 points. The entire floor had 102 stocks increasing, 59 stocks decreasing and 63 stocks remaining unchanged. UPCoM-Index increased by 0.67 points to 86.65 points. The VN30 basket alone recorded 25 stocks increasing in price.

The banking group was still a bright spot in today's session when EIB hit the ceiling, SHB increased by 3.62%, STB, MSB, VPB, VIB, LPB, BID increased by over 2%. Of which, BID, VPB, TCB, CTG, MBB, SHB, VCB, EIB contributed nearly 4.9 points to the market. The downside is that HDB stock is in the VN30 group but ended the session down slightly by 0.27%.

On the contrary, steel stocks ended the session in red, such as HPG down 0.74%, POM down 0.2%, NSH down 2.04%; while yesterday's session, this industry group recorded a breakthrough.

The real estate group was differentiated when NVL increased by 2.22%, VRE increased by 2.13%, VIC increased by 0.33%, HDC increased by 0.74%, KDH increased by 0.47%. On the contrary, the codes DXG, DIG, VHM, KBC, TCH, HQC, NLG ended the session down by less than 1%.

Finance - Banking - Bank stocks attract cash flow, steel group stagnates (Figure 2). — Market leading stocks.

The total order matching value in today's session reached VND19,423 billion, up 6% compared to the previous session, of which the order matching value on the HoSE floor reached VND17,029 billion, up 6%. In the VN30 group, liquidity reached VND6,713 billion.

Foreign investors have net bought for the 6th consecutive session with a value of 338.5 billion VND, of which this group disbursed 1,015.4 billion VND and sold 1,353 billion VND.

The codes that were bought heavily were mainly SSI 90 billion VND, STB 73.4 billion VND, VCG 35.4 billion VND, HSG 33 billion VND, DXG 30.8 billion VND... On the contrary, the codes that were sold heavily were VNM 134.7 billion VND, MWG 129.5 billion VND, VHM 72 billion VND, HPG 69.6 billion VND, VCB 35 billion VND,... .

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