VN-Index increased for the fourth consecutive session, foreign investors returned to net buying

VN-Index increased for the fourth consecutive session, foreign investors returned to net buying

VN-Index increased by 2.4 points in the session of August 30, although market liquidity fell to the lowest level in the past half month, foreign investors broke the net selling streak of 7 consecutive sessions.

The index representing the Ho Chi Minh City Stock Exchange opened the last trading session of August in green and maintained this state throughout the session.

In the minutes before closing, the index reversed below the reference. However, this development only lasted for a moment when demand for disbursement at low prices immediately appeared to pull the index up. VN-Index closed today's trading session at 1,283.87 points, up 2.4 points compared to the reference.

Market breadth was tilted towards the upside with 202 stocks closing in the green, while only 180 stocks declined. The large-cap basket was similar with 17 stocks rising and 8 stocks falling below the reference.

Half of the list of stocks with the most positive impact on the VN-Index are banking stocks. Specifically, TCB led the way with an increase of 1.52% to VND23,350, VCB increased by 0.22% to VND91,700, HDB increased by 1.28% to VND27,700, ACB increased by 0.61% to VND24,800 and EIB increased by 1.64% to VND18,550.

The aviation group also became the driving force for the market when most stocks closed in the green. Specifically, HVN increased by 3.3% to VND22,100, SAS increased by 1.3% to VND30,700 and VJC increased by 0.6% to VND105,300. Only SGN reversed the trend when it decreased by 0.9% to VND81,500.

Fertilizer stocks joined the excitement as stocks increased by 0.3-2.2%. DGC increased by 2.2% to VND113,700, BFC increased by 0.7% to VND44,350 and DPM increased by 0.3% to VND34,850.

On the other hand, BID was the main factor holding back the market's growth when it fell 0.81% to VND48,900 and led the list of stocks with the most negative impact on the VN-Index. Next were HPG down 0.39% to VND25,500, MSN down 0.52% to VND76,500, DIG down 2.73% to VND23,200 and VCF down 5.35% to VND267,000.

Steel group traded less excitedly when similar to HPG, most codes also closed below the reference. Specifically, NKG decreased 1.4% to 21,800 VND and TLH decreased 1.3% to 5,900 VND.

Trading volume at the end of the week reached over 571 million shares, down 63 million units compared to the previous session. Trading value decreased by VND507 billion, down to VND13,522 billion. This was the session with the lowest liquidity value in the past half month and the 7th session below VND20,000 billion.

DIG ranked first in terms of matched value with over VND744 billion (equivalent to 32.3 million shares). This figure far exceeded the value of the two codes following, VIX by over VND494 billion (equivalent to 41 million shares) and VHM by VND468 billion (equivalent to 11.3 million shares).

Today, foreign investors were net buyers in terms of value, but net sellers in terms of volume. Specifically, this group disbursed more than VND1,563 billion to buy about 45.2 million shares while selling nearly 50 million shares, equivalent to VND1,501 billion. The net buying value accordingly reached VND62 billion, thereby breaking the streak of 7 consecutive sessions of net selling in terms of value.

Foreign investors actively disbursed into FPT with a net purchase value of up to VND188 billion, followed by MWG with approximately VND63 billion. On the other hand, foreign investors aggressively sold HPG shares with a net value of over VND206 billion. Next were VPB with VND88.7 billion, VCI with over VND55.8 billion and VRE with over VND48.6 billion.

Source: https://baodautu.vn/vn-index-tang-phien-thu-tu-lien-tiep-khoi-ngoai-tro-lai-mua-rong-d223761.html