In the last trading session of the week, cautious sentiment continued to dominate the stock market. At the end of the trading session on March 25, the VN-Index increased by 0.24 points, reaching 1,498.5 points. In the VN30 basket, red dominated with 18 stocks decreasing, 8 stocks increasing and 4 stocks remaining unchanged.
The HNX-Index decreased by 1.05 points to 461.75 points; the Upcom Index also decreased by 0.27 points to close at 117 points. For the whole week (from March 21 to 25), the VN-Index increased by a total of 29.4 points (2%); the HNX-Index increased by a total of 10.54 points (2.34%).
The trading volume of VN-Index at the end of the week reached more than 768 million units, with a value of more than 24.5 trillion VND. HNX-Index recorded a trading volume of more than 128 million units, with a trading value of more than 3.6 trillion VND. Meanwhile, Upcom Index also recorded a trading volume of more than 136.5 million units, with a trading value of more than 2 trillion VND.
In the past trading week, the average matched volume on the HOSE floor was nearly 780 million shares/session, up 13.64% compared to the previous trading week. The HNX floor averaged more than 120 million shares/session, up 16.43% compared to the previous trading week.
In terms of contribution, NVL, MSN, VIC, DGC and VHM were the stocks that had the most positive impact on the VN-Index last week. NVL and MSN alone contributed nearly 6.5 points to the index. On the other hand, VCB, VJC, BCM and CTG were the stocks that had the most negative impact.
The real estate industry had a relatively positive trading week when many big names in the group had good increases, helping this group increase the whole week by 3.16%. In particular, NVL climbed 8.43%, PDR broke through 10.82%, the duo VIC and VHM increased by 2.79% and 1.74% respectively. In addition, the green color also spread to many other stocks such as DXG, ITA, NLG, FLC, IJC...
The seafood processing industry also recorded positive results last week. In particular, IDI broke through 16.33%, VHC climbed nearly 13%, CMX advanced 10.44%, and ANV increased sharply by 8.04%.
Ms. Pham Thu Huong and Mr. Ho Xuan Nang have a week of fierce competition in the list of the richest people on the Vietnamese stock market.
According to statistics, after the trading session on March 25, once again Ms. Pham Thu Huong, Vice Chairwoman of Vingroup Corporation (VIC) - wife of billionaire Pham Nhat Vuong, once again lost her position in the top rich people on the Vietnamese stock market to Nam Dinh tycoon, Ho Xuan Nang - Chairman of VICOSTONE Joint Stock Company (VCS).
During the trading week from March 21 to 25, Ms. Pham Thu Huong regained her position in the top rich people from Mr. Ho Xuan Nang after the trading session on March 21 when VIC recorded a strong increase of VND 2,200/share to close at VND 81,000/share.
However, in the remaining trading sessions of the week, VIC shares only had 1 increase and 2 decrease sessions, erasing all the added value, and in the last trading session of the week, VIC closed at the reference price of VND 81,000/share.
Meanwhile, although the stock code VCS of VICOSTONE Joint Stock Company recorded a decrease of VND1,100/share in the last trading session of the week, for the whole week from March 21 to 25, VCS still recorded an increase of VND7,000/share. VCS ended the trading week at VND113,400/share. With this increase, Mr. Ho Xuan Nang's assets increased by more than VND890 billion.
According to market price, Mr. Nang's assets after the trading session on March 25 are worth more than 14,420 billion VND, ranking 11th in the list of richest people on the stock exchange.
Meanwhile, according to market prices, the assets held by Ms. Pham Thu Huong are only worth 13,765 billion VND. Billionaire Pham Nhat Vuong's wife once again ended the trading week ranked 12th in the list of rich people on the Vietnamese stock market.
At the end of the trading session from March 21 to 25, billionaire Pham Nhat Vuong continued to be the richest person on the Vietnamese stock market with assets calculated at market price of more than 174,629 billion VND. Behind the 54-year-old billionaire from Ha Tinh is Mr. Tran Dinh Long, Chairman of Hoa Phat Group with assets of more than 54,121 billion VND. Mr. Do Anh Tuan - Chairman of the Board of Directors of Sunshine Homes Development Joint Stock Company ranked 3rd when the 47-year-old billionaire from Thanh Hoa ended the trading week with assets of more than 44,243 billion VND.
After the trading session on March 25, experts from Ban Viet Securities Company (VCSC) commented that short-term technical signals remained positive for all indices.
It is forecasted that in the next trading session, the market may continue to fluctuate, in which VN-Index continues to test the MA5 support at 1,498 points. Buying force driven by support may lead to the VN-Index's uptrend towards the resistance zone of 1,510 - 1,515 points and the indices representing the small and medium-cap segments VNMidcap and VNSmallcap may take advantage of this effect to test the resistance at 2,240 points and 2,285 points.
However, if the buying force is not strong enough and the sellers regain control of the market, causing the VN-Index to violate the support at 1,498 points, the index may correct down to the next support around 1,486 points and lead to strong profit-taking selling pressure in the speculative group.
Experts from Dragon Viet Securities Company (VDSC) commented that after three adjustment sessions, the market has also filled the gap created at the beginning of the session on March 22, 2022. The pressure on stock supply seems to have cooled down, as shown by the steady decrease in liquidity and the amplitude of the candle body has also gradually narrowed.
The bottom-fishing efforts are gradually showing results. With the signal of a slowing correction, the market is facing an opportunity to increase points in the near future. Therefore, investors need to observe signs of demand to be able to expect a short-term increase in the market. Currently, it is still possible to consider participating in some stocks that are attracting cash flow on a positive accumulation basis.
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