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Unlike previous years, when trading sessions on the stock market often slowed down before the holidays due to investors taking profits, the VN-Index accelerated in the trading session before the September 2 holiday this year.
Stocks rise sharply before September 2 holiday |
In the trading session before the September 2 holiday, August 31, the Vietnamese stock market saw high cash flow and investors continued to buy at rising prices, so the market was filled with green. Most industry groups in the market increased points.
In particular, the real estate and public investment stocks group had the strongest increase in the market. Specifically, QCG increased to the ceiling, HDG increased by 4.4%, KDH increased by 3.2%, PDR increased by 2.48%, VRE increased by 2.02%, NVL increased by 2%, VCG increased by 5.28%, VGC increased by 3.9%, GVR increased by 5.56%... Many stocks in the VN30-Index group also increased strongly, contributing to the strong increase of VN-Index such as: HDB increased by 3.06%, MSN increased by 2.39%, TCB increased by 1.47%, BID increased by 1.62%, HDG increased by 1.47%...
At the end of the trading session, VN-Index increased by 10.89 points (0.9%) to 1,224.05 points with 376 stocks increasing, 125 stocks decreasing and 59 stocks remaining unchanged. At the end of the session on the Hanoi Stock Exchange, HNX-Index also increased by 1.79 points (0.72%) to 249.75 points with 124 stocks increasing, 60 stocks decreasing and 69 stocks remaining unchanged. Total market liquidity was nearly VND24,100 billion.
Foreign investors also continued to net buy VND446.5 billion on the HOSE. The most bought stocks were GMD up VND116.05 billion, VIX up VND105.23 billion, KDC up VND78.75 billion, VRE up VND73.80 billion, EIB up VND70.98 billion...
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