Stocks skyrocket, setting new records

The stock market continued to rise and set a new record in terms of scores amid investor caution.

On August 6, the stock market continued to maintain its upward momentum and the VN-Index broke all previous records. At the end of the session, the VN-Index increased by 26.56 points, equivalent to an increase of 1.72% to 1,573.71 points, surpassing the previous peak of 1,557.42 points at the end of the session on July 28. On the Hanoi Stock Exchange, the HNX-Index also increased by 2.54 points, equivalent to an increase of 0.95% to 268.66 points.

Stocks continue to soar and set new records in terms of points.

PHOTO: DAO NGOC THACH

A series of large-cap stocks on the HOSE floor jumped as soon as the market opened for trading. Banking and securities stocks all rose, such as STB, TCB, ACB, CTG, MBB,SHB or VIX, VCI, SSI, HCM... In this session, investors holding stocks in the retail, fertilizer and chemical industries were happy when these stocks hit the ceiling or near the ceiling, such as BSR, DCM, DPM, DGW, MSN, BFC... In particular, the real estate stocks group had a strong differentiation with many stocks going down while the leading stocks also kept the green color, such as QCG, PDR, SGR, SZC, NVL, KBC, LDG...

In general, the group of blue-chip stocks in the VN30 basket on the HOSE floor is still the leading force leading the increase as in recent sessions. The VN30 index increased by 32.88 points, equivalent to an increase of 1.95% to 1,723.31 points. If considering trading volume alone, 30 stocks in the VN30 basket had more than 555 million units exchanged, accounting for 41% of the trading volume on the HOSE floor, but the trading value accounted for more than half with nearly 20,200 billion VND in the total trading value of the HOSE floor of more than 38,911 billion VND. Leading in trading volume is HPG with a matched volume of over 96.17 million units. Following are the bank codes SHB with more than 92.28 million units; TPB with 52.7 million units along with TCB and MBB with a matched volume of over 30 million units.

The number of stocks increasing in price dominated the floor, but investors were more cautious after the previous session of strong fluctuations. This caused liquidity to decrease sharply. Trading volume and value on the HOSE floor were less than half of yesterday's. Specifically, more than 1.36 billion units were traded with a value of more than VND 38,911 billion, down nearly 52% in both volume and value compared to yesterday. In total, the trading value on the whole market was more than VND 42,830 billion, down 50% compared to yesterday.

Technically, VN-Index has successfully conquered the resistance level of 1,560 points (corresponding to the upper band of Bollinger). Many securities companies believe that the uptrend is still there but still believe that investors should be cautious as profit-taking pressure is also high in the current period.

Source: https://thanhnien.vn/chung-khoan-tang-vun-vut-lap-ky-luc-moi-185250806145009327.htm