VN-Index increased slightly at the beginning of the week, reaching the highest price range in 2 years

The VN-Index increased by more than 3 points in the first session of the week to 1,290.67 points, establishing the highest price range since the beginning of June 2022.

The index representing the Ho Chi Minh City Stock Exchange opened the first session of the week in green and maintained this state until closing.

A series of stocks skyrocketed in the first 30 minutes of the session, especially the banking group, helping the index increase by nearly 10 points to 1,297 points. However, the index gradually narrowed its increase in the afternoon session before closing at 1,290.67 points.

The 3-point increase from the reference not only helped VN-Index extend its upward streak to the second consecutive session, but also brought the index to its highest price range in 2 years. The last time the index accumulated more than this level was on June 9, 2022, when it closed at 1,307.8 points.

The number of stocks increasing completely overwhelmed the stocks decreasing in today's session, with 243 stocks and 193 stocks respectively. The large-cap basket had mixed movements when the index representing VN30 increased by 3 points, but the number of stocks decreasing was more dominant than stocks increasing, with 15 stocks and 11 stocks respectively.

VCB lost 0.56% compared to the reference price, down to VND88,000, becoming the stock with the most negative impact on the VN-Index. The next names on the list that weighed down the index were all in the large-cap group, respectively BCM down 2.01%, VNM down 0.88% and ACB down 0.81%.

On the other hand, GVR led the list of stocks with the most positive impact on the market when it increased by 3.43% to VND36,200. CTG followed this list when it increased by 2.13% to VND33,500, followed by FPT with an increase of 1.41% to VND144,000 and MGW with an increase of 1.45% to VND63,000.

The banking group has 4 representatives in the list of 10 stocks with the most positive impact on the VN-Index, including CTG, MBB, STB and HDB. Oil and gas stocks also recorded a series of increases. Of which, the two pillar stocks are PVT up 5.6% to VND32,300 and PLX up 1.1% to VND41,950.

Market liquidity today reached VND21,618 billion, an increase of VND3,769 billion compared to the session at the end of last week. Trading volume also increased by 160 million units, reaching 869 million shares. The VN30 basket contributed about 255 million shares in trading volume and liquidity reached over VND8,153 billion.

HPG ranked first in market liquidity with a trading value of nearly VND593 billion (equivalent to more than 20 million shares), far exceeding the following stocks, FPT by more than VND542 billion (equivalent to about 4 million shares) and VSC by nearly VND538 billion (equivalent to nearly 23 million shares).

The market was trading enthusiastically, but foreign investors continued to net sell for the third consecutive session. Today, foreign investors sold more than 73 million shares, equivalent to a trading value of VND2,375 billion, while disbursing VND1,270 billion to buy more than 35 million shares, less than half of the amount of shares sold. The net selling value accordingly reached VND1,105 billion, becoming the session with the highest net selling value since the beginning of June.

FPT is under intense selling pressure as the net selling value reached VND172 billion, far exceeding the next stocks LHC by more than VND125 billion and HPG by more than VND118 billion. In contrast, foreign investors' cash flow focused on FRT stocks with a net value of about VND45 billion, followed by STB with VND40 billion and GVR with VND31 billion.

Source: https://baodautu.vn/vn-index-tang-nhe-dau-tuan-len-vung-gia-cao-nhat-2-nam-d217314.html