Green covers the whole country, banking stocks, securities, retail stocks lead

The increase spread across most stocks along with the rise of banking, securities, and retail groups helped the VN-Index increase by 18 points.

Increase impression

Despite a large amount of shares in the previous March 18 trading session returning to investors' accounts in the afternoon, the Vietnamese stock market still had a surprisingly positive trading session.

In fact, at the beginning of the session, the VN-Index was under pressure to correct to the 1,235-point area with a sharp decline in liquidity. However, the HoSE index recovered well with the positive influence of banking stocks and surpassed the highest price zone in 2023 with improved liquidity. At the end of the session, the VN-Index increased by 17.62 points (+1.42%) to 1,260.08 points. The HNX- Index increased by 1.86 points (+0.79%) to 238.03 points. The entire floor had 506 stocks increasing in price, 22 stocks hitting the ceiling, 256 stocks decreasing in price, and 11 stocks hitting the floor. The number of stocks was overwhelmingly high.

After the previous trading session with a lack of liquidity, the order matching value on the two listed exchanges reached VND24,523.3 billion, up 5.1% compared to the previous session. However, there were still some stocks that increased with reduced liquidity. Meanwhile, cash flow poured strongly into some industry groups and many large-cap stocks.

Foreign investors net sold more than VND565 billion on the three exchanges. The selling pressure of the strong block significantly overwhelmed, extending the net selling streak to 7 consecutive sessions. However, there was a clear differentiation. Foreign blocks sold the most FUEVFVND fund certificates, earning VND284 billion. Stocks of many big companies were also sold heavily such as VIC (-VND177 billion), VNM (VND83 billion), VNM (VND82 billion)... However, DGC and STB still attracted this capital flow with a net buying value of more than VND100 billion per stock.

Bank stocks surge

After a period of pressure, banking stocks have made waves and are the locomotives pulling the index up today. VIB hit the ceiling (+6.79%) and also surpassed the old peak. At the same time, except for EIB which decreased by more than 0.5%, a series of banking stocks also increased sharply, such as LPB (+5.26%), TCB (+4.96%), MBB (+4.09%), CTG (+3.15%)..., in addition to EIB (-0.54%)...

The securities group also traded positively with sudden liquidity. Only WSS and DSC closed in red, while the majority increased by more than 2%. The retail group also had quite positive developments right from the beginning of the session after being under pressure to adjust in previous sessions, notably MWG (+5.49%) with strong liquidity increase, PET (+3.04%), DGW (+2.49%), PNJ (+1.76%).... Some real estate stocks attracted quite sudden cash flow. HPX shares were traded again and increased by nearly 20% in today's session.

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