Stocks, real estate, and banking help the market "fly high"

In the trading session on November 4, demand increased strongly, especially in the securities, real estate and banking groups, helping the VN-Index increase by nearly 35 points, surpassing the 1,650 point mark.

On the Ho Chi Minh City Stock Exchange, for most of the trading time, the market fluctuated within a narrow range, with red dominating. However, from nearly 2 p.m., demand suddenly increased, helping the VN-Index reverse and gradually increase strongly.

At the end of the session, VN-Index stopped at 1,651.8 points, "increasing" 34.98 points (2.16%). VN30-Index also increased impressively, up to 40.07 points (2.16%), to 1,897.71 points.

Many stocks and real estate stocks hit the ceiling. Screenshot.

Increasing stocks dominated with 189 codes increasing and 117 codes decreasing. In the VN30 group, the number of increasing codes was more than 4 times the number of decreasing codes (24 codes compared to 5 codes).

The real estate group performed positively with most stocks increasing in price; in which VRE, DXS, CEO, DIG, DXG… all increased to the ceiling. With an increase of 2.87%, VIC contributed the most to the market, up to 4.95 points, while VHM contributed 1.58 points.

The strongest support for the market's growth is the banking group, with 6 codes in the top 10 codes contributing the most to the VN-Index, including VPB (3.56 points), TCB (2.29 points), CTG (1.77 points), MBB (1.67 points), VCB (1.5 points) and BID (1.27 points).

The most notable performance was in the securities group, which increased by 5.83%. Many stocks in this group increased to their full range, such as VIX, VCI, CTS, VDS, ORS, SSI, and SHS. However, because the capitalization of the group was not too large, the impact on the VN-Index was not really clear.

Liquidity increased compared to the previous session, reaching over VND34,000 billion. Increased liquidity in the context of a strong market increase is a positive signal. Notably, foreign investors were net buyers with a purchase value of nearly VND4,819 billion and a sale value of over VND3,596 billion.

On the Hanoi Stock Exchange, at the end of the session, the HNX-Index stopped at 265.91 points, up 6.73 points (2.6%); the HNX30-Index increased by 24.47 points (4.45%), to 574.81 points. The entire floor had more than 2,500 billion VND changed hands.

Source: https://hanoimoi.vn/co-phieu-chung-khoan-bat-dong-san-ngan-hang-giup-thi-truong-bay-cao-722080.html