Stocks rose for the fifth consecutive session

After a long holiday, cash flow into stocks increased to more than VND24,500 billion, helping the VN-Index close the session up nearly 11 points, extending its five-session winning streak.

The excitement that appeared from the opening of the ATO session helped the HoSE representative index quickly reach the 1,230 point mark. Cash flow to real estate and construction codes helped the index surpass 1,236 points at times this morning.

In the afternoon, the market began to shake with pressure from large stocks in the securities industry, then gradually spread to some real estate stocks. The index representing the Ho Chi Minh City Stock Exchange was pulled down to below 1,230 points at times. At the end of the session, stronger buying pressure appeared, helping the VN-Index maintain green for the 5th consecutive session, accumulating nearly 11 points compared to the trading session before the holiday.

On the HoSE floor, 366 stocks increased and 141 stocks decreased. This floor had 15 stocks hitting the ceiling, including PC1 and HPX, two stocks with liquidity of hundreds of billions.

Real estate is the industry group that has a great influence on the market today. With liquidity of nearly 1,150 billion VND, NVL became the most actively traded stock. The market price of this code increased by 4.6% with a fairly balanced order matching chart between sellers and buyers. NVL increased in the context of Novaland 's project in Dong Nai being listed by the Ministry of Construction's Working Group as "having resolved the problem".

This industry's board also has codes that have increased to the ceiling such as HPX and QCG. CEO accumulated 4.2% more than the reference, the rest mainly increased around 1-2%.

In addition, the financial, raw materials and industrial groups also led the market. Of which, MSB increased by 6.4% and at one point reached purple. The total trading value of this stock reached nearly 360 billion VND, three times higher than the previous session.

HoSE liquidity increased by 15% to nearly VND24,500 billion. Foreign investors returned to net selling more than VND390 billion. SSI, VIC and HPG were the three stocks in this group that sold the most. On the other hand, foreign investors bought VNM and TPB.

Thu Ha (According to vnexpress.net, September 5, 2023)

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