Stock market session 11/27: Cash flow is diversified, money flows to mid-cap stocks

Positive market breadth at the beginning of the session pushed the index up nearly 15 points at times. However, towards the end of the day, the cash flow diverged more strongly, creating a significant balance between buyers and sellers. The index narrowed its increase and only slightly increased by 0.24%.

Closing today's trading session (November 27), VN-Index increased 3.96 points to 1,684.32 points.

At the beginning of the day, almost all stock groups in the market had positive resonance from banks, real estate, securities... The stock groups increased well, bringing the main index to the highest level of 1,695.34 points, however, this highest point could not be maintained until the end of the day.

VN-Index performance in session 11/27.

The differentiation of cash flow was quite clear during the session when the breadth was balanced in large stock groups as well as in the whole market. VN30 recorded 13 stocks increasing in price - 16 stocks decreasing in price, while on HoSE, there were 137 stocks increasing while 171 stocks decreasing.

The capital market was more active during most of the trading time. In many sessions, the number of increasing codes in VN30 reached 23 codes and on HoSE was 170 codes, dominating. However, the closing level of VN-Index was even close to the lowest point of the session, mainly due to increased selling pressure in the last 45 minutes of the day.

The index even had a contrast when VN30 went against the main index and decreased by 0.12%. In this index basket, VJC surprised everyone when it was sold at the floor price during the session. Although it narrowed the decline to -2.79% at the end of the day, this was still the biggest decrease in VN30 and became the stock that pulled the index the most. Today, VJC was negative from the beginning of the day, low-priced sell orders were issued and by 11am it officially hit the floor price. This development took place in the context of information that Ho Chi Minh City Development Joint Stock Commercial Bank ( HDBank ) announced a Resolution on selling shares at Vietjet Aviation Joint Stock Company.

Along with the divestment information, MSB received the opposite reaction. Recently, Vietnam Posts and Telecommunications Group ( VNPT ) has just announced that it will auction more than 188.7 million shares of MSB (Vietnam Maritime Commercial Joint Stock Bank) with a starting price of 18,239 VND/share on December 26.

With this information, MBS jumped to the ceiling price from the beginning of the day by 6.97%. More than 23 million MSB shares were traded during the session, 6 times the normal volume and among the 3 most traded codes of the day. The shares were "sold out" and the remaining purchase volume at the ceiling price remained at over 10 million units.

Not only MSB, but also stocks related to VNPT's divestment information all jumped up in the expectation of price increase when most of the starting prices that VNPT announced to sell were higher than the current trading price on the market. Besides MSB, ICT and VTC were also pulled up to purple.

Codes that have a big impact on VN-Index session 11/27.

Returning to VN30, the differentiation took place in groups from Vingroup to banking codes. VIC was still the stock that pulled the index the strongest when it increased by 1.22% but in the opposite direction, VRE decreased in price. In the banking group, while BID, VPB, MBB,ACB still increased, VCB, CTG, TCB, LPB, HDB, STB went in the opposite direction. 13 codes increased with 5 codes increasing by more than 1%, which could not offset the decrease from 16 codes decreased (in which VJC - SSI decreased by more than 2% and STB - VNM decreased by more than 1%).

Liquidity on VN30 also weakened, with transactions of less than VND10,000 billion, and this group was even sold the most by foreign investors with a net selling value of VND327 billion, while on the entire HoSE floor, the net selling value was only VND10 billion.

It is known that foreign investors sold more than 300 billion VND in VJC today, and also net sold at VCB, VIC, ACB. However, the purchasing power of codes outside VN30 was balanced when POW was net bought over 330 billion VND, or TCB was also bought over 116 billion VND.

Liquidity has decreased compared to yesterday, the transaction value on HoSE also only reached over 20,500 billion VND, down 17% compared to yesterday. In which, the positive purchasing power was mainly in the group of mid-cap stocks. When VN30 decreased by 0.12%, VNSML decreased by 0.17%, VNMID increased by 0.24%.

Source: https://baodautu.vn/chung-khoan-phien-2711-dong-tien-phan-hoa-tien-chay-ve-co-phieu-von-hoa-vua-d443186.html