Chairman Duc and Shark Thuy cause a stir.

A massive influx of money into the stock market on July 11th.

The stock market session on July 11th began with several positive signs, such as the potential return of capital as the number of trading accounts increased sharply.

The Vietnam Securities Depository Center (VSD) has just released statistics on the number of new securities trading accounts opened in June. According to the data, domestic investors opened 145,864 new accounts in June, continuing the growth trend of recent months. This figure represents an increase of over 45,000 accounts compared to May and is the highest level in 10 months since September 2022.

Thus, the total number of securities accounts held by domestic retail investors has exceeded 7.25 million accounts, equivalent to approximately 7.2% of the population.

These figures helped to boost investor sentiment in the stock market because they believe that, due to low interest rates, money will soon flow back into the market.

On July 11th, the stock market continued to see the strength of real estate and construction stocks. In addition, Mr. Duc and Shark Thuy were also bright spots. (Illustrative image)

The stock market session on July 11th proved that investor optimism was well-founded, with the VN-Index rising sharply and liquidity significantly improving.

At the close of trading on July 11, the VN-Index rose 2.75 points, or 0.24%, to 1,151.77 points; the VN30-Index rose 3.51 points, or 0.31%, to 1,146.67 points.

The entire exchange recorded 937 million shares, equivalent to VND 19.137 billion, successfully traded, a significant increase in both volume and value compared to the first trading session of the week.

Cash flow also poured into blue-chip stocks, with the VN30 group recording 261 million shares, equivalent to 7,861 billion VND, changing hands.

While yesterday, banking and retail stocks led the market among large-cap stocks, today the retail sector has weakened. Banking stocks continue to support the VN-Index with a series of strong gains such as VCB, MBB, CTG, HDB, etc.

The rate of increase in cash flow on the Hanoi Stock Exchange was slightly lower than on the Ho Chi Minh City Stock Exchange. During the July 11th trading session, only 119 million shares, equivalent to 1,864 billion VND, were successfully traded on the Hanoi Stock Exchange.

Chairman Duc and Shark Thuy cause a stir.

Among large-cap stocks, real estate stocks were "weaker" than banks. Except for VHM and VRE, which saw slight increases, the remaining stocks closed the July 11th trading session in positive territory.

However, penny and mid-cap stocks, particularly in the construction and real estate sectors, maintained their momentum, with many stocks hitting their upper limit simultaneously.

At the close of trading on July 11th, CCL increased by 510 VND/share to 7,910 VND/share; DC4 increased by 630 VND/share to 9,630 VND/share; SC5 increased by 1,250 VND/share to 19,450 VND/share; LM8 increased by 850 VND/share to 13,650 VND/share,…

In the July 11th stock market session, two tycoons stood out: Mr. Doan Nguyen Duc (Chairman Duc) and Mr. Nguyen Ngoc Thuy (Shark Thuy). Shares of HAG (Chairman Duc's) and IBC (Shark Thuy's) surged to or near their ceiling price after a series of sluggish gains.

At the close of trading on July 11th, IBC shares rose by 120 VND/share to 1,950 VND/share. There were millions of buy orders placed at the ceiling price for IBC shares. Meanwhile, HAG shares, although trading in the purple zone, closed the session up 560 VND/share, equivalent to 6.8%, to 8,760 VND/share, just 10 VND/share below the ceiling price.

Source: https://www.congluan.vn/chung-khoan-11-7-bau-duc-shark-thuy-noi-song-post255749.html