Market reverses, stock market breaks out

After 2 sessions of decline, VN-Index opened fluctuating around the reference level and weak demand, the selling side dominated. However, the securities, construction materials and banking sectors were bright spots when SHS hit the ceiling, VCI increased by 5.06%, VND increased by 3.68%, SSI increased by 3.69%, LPB increased by 2.39%, SHB increased by 1.98%, etc., causing the market situation to gradually return to green.

These industry groups also recorded positive liquidity when SHS matched 27.1 million units, SSI matched 18.53 million units, VIX matched 18.5 million units, DIG matched 10.67 million units, PDR matched 9.77 million units, DXG matched 8.32 million units.

At the end of the morning session on November 1, VN-Index increased by 1.07 points, equivalent to 0.1% to 1,029.26 points. The entire floor had 235 stocks increasing and 227 stocks decreasing. HNX-Index increased by 0.83 points, equivalent to 0.4% to 207.01 points. UPCoM-Index increased by 0.12 points, equivalent to 0.15% to 80.81 points.

VN-Index performance on November 1 (Source: Fire Ant).

In the afternoon session, the stock groups rebounded more clearly, causing the market to increase above the reference level at times. Strong buying force at the end of the session helped green dominate.

At the end of the trading session on November 1, VN-Index increased by 11.47 points, equivalent to 1.12% to 1,039.6 points. The entire floor had 319 stocks increasing, 177 stocks decreasing and 71 stocks remaining unchanged.

The HNX-Index increased by 3.48 points, equivalent to 1.69% to 209.65 points. The entire floor had 103 stocks increasing, 63 stocks decreasing and 54 stocks remaining unchanged. The UPCoM-Index increased by 0.77 points to 81.7 points.

The VN30 basket alone recorded 22 stocks increasing in price. Only MWG went against the market trend, ending the session in light green at VND35,100/share - the lowest closing price since November 2020. This is also the second consecutive floor-fall session of Mobile World. Foreign investors also contributed to the pressure during the session when they net sold VND188 billion. In just 5 sessions from October 26 to November 1, MWG decreased by 19.31%, equivalent to a market price decrease of VND8,400.

After 2 sessions of negative performance, the securities industry group turned around and made a breakthrough when most stocks rose to make positive contributions such as SHS, CTS, ORS, AGR, VIG all hit the ceiling. In addition, VIX, SSI, VNS, VCI, MSB, HCM also increased from 5.44% to 8.12%.

The construction materials industry also contributed greatly to the growth momentum with HPG up 4.13%, HSG up 4.12%, KG up 2.29%, POM up 2.79%, and VGS up 3.68%.

The total matched value in the session reached VND21,179 billion, down 4% compared to the previous session, of which the matched value on HoSE alone reached VND13,064.8 billion, down 13%. In the VN30 group, liquidity reached VND6,033 billion.

On HoSE, foreign investors continued to net sell with a value of 87 billion VND today. In particular, the codes that were pushed to sell strongly were VHM 683 billion VND, MWG 188 billion VND, VPB 34 billion VND, CTG 25 billion VND, HDB 21 billion VND,...

On the contrary, the codes that were bought strongly were mainly VCI 98 billion VND, HPG 91 billion VND, SSI 75 billion VND, PDR 62 billion VND, VND 60 billion VND ...

Source: https://www.nguoiduatin.vn/thi-truong-dao-chieu-co-phieu-chung-khoan-but-pha-a633856.html