Except for a slight shake after the ATO session at the beginning of the day, stocks moved above the reference level throughout the day. On the morning of July 25, the VN-Index surpassed 1,528 points - a record level based on closing prices - thanks to midcap stocks. However, resistance appeared due to selling pressure from the VN30 basket, causing the index to quickly narrow. Near lunchtime, the market cooled down but still maintained a good green color.
In the afternoon, the HoSE index gained momentum again. The market reached over 1,534.5 points at one point before adjusting to enter the ATC session. In the final minutes, with momentum from pillar stocks, the VN-Index closed above 1,531 points, up more than 10 points compared to yesterday.
Thus, the stock market is at its highest level ever when calculated by closing price. Compared to the historical peak recorded in the session, the VN-Index is still more than 5 points away. This index reached 1,536.45 points in the session on January 10, 2022.
Market consensus improved yesterday, July 24, when 207 stocks increased in price, while 126 stocks decreased. HoSE had 17 stocks hitting the ceiling with many representatives achieving high liquidity such as VND, GEX, VIX, VSC, VCG, VJC...
The biggest contributor to the VN-Index is still the pillar group including VHM, VPB, VJC or SSI. On the contrary, the affected index VIC decreased by 1.6%.
By sector, securities stocks - a group with high sensitivity to market prospects - had the most positive performance. In addition to VND and VIX standing out in purple, this sector also had SSI increasing by 6.3% or CTS and MBS both increasing by 6.7%. Codes VCI, SHS, FTS... also accumulated over 3%.
HoSE liquidity increased again in line with the score. Total transaction value today reached over 37,400 billion VND, a slight improvement of about 580 billion compared to the previous session.
Another positive point is that foreign investors reduced their net selling momentum, recording only about 27 billion VND. Overall, during the whole session, foreign investors were struggling between selling HPG, FPT , MSN, VHC and buying SSI, VPB, VCG, HDB...
Stocks continued to have a good accumulation week. Despite the first session's decline, the VN-Index still increased by nearly 34 points, equivalent to nearly 2.3%. Liquidity throughout this week remained above the 30,000 billion VND mark per session. However, foreign investors and self-employed traders are tending to take profits.
Although the psychology of concern about "holding on to profits" is clearly shown this week, the market has not stopped increasing. Vietcombank Securities (VCBS) has recommended since the end of the previous session that with the current developments, investors should maintain holding stocks in a strong uptrend. In addition, investors can take advantage of the movement of cash flow and disburse part of the stocks that are showing signs of increasing after a long accumulation period or convincingly overcoming resistance.
VnExpressSource: https://baohaiphongplus.vn/chung-khoan-cach-dinh-lich-su-5-diem-417245.html
Comment (0)