Chemical stocks break out to lead the market

The positive sentiment spread right from the market opening under the leadership of the plastics and chemicals manufacturing industry. At one point, the VN-Index reached 1,180 points.

Of which, GVR increased by 4.9%, DGC increased by 1.69%, DCM increased by 4.37%, DPM increased by 3.06%, PHR increased by 2.26%, LIX increased by 6.92%. Meanwhile, VCB, HPG, VPB codes had the most negative impact when taking away nearly 1.5 points of the index.

At the end of the morning session on January 29, VN-Index increased by 3.03 points, equivalent to 0.26% to 1,178.7 points. The entire floor had 203 stocks increasing and 234 stocks decreasing. HNX-Index increased by 0.25 points to 229.68 points. UPCoM-Index decreased by 0.18 points to 87.54 points.

Finance - Banking - Chemical stocks break out to lead the market — VN-Index performance on January 29 (Source: FireAnt).

Entering the afternoon session, the green color continued to be maintained but weakened towards the end of the session, causing the VN-Index to adjust slightly.

At the end of the trading session on January 29, VN-Index increased by 0.02 points to 1,175.69 points. The entire floor had 187 stocks increasing, 283 stocks decreasing, and 106 stocks remaining unchanged.

HNX-Index decreased 0.39 points to 229.04 points. The entire floor had 86 stocks increasing, 78 stocks decreasing and 75 stocks remaining unchanged. UPCoM-Index decreased 0.1 points to 87.6 points. The VN30 basket was divided with 11 stocks increasing and 14 stocks decreasing.

The chemical group continued to lead and break out when most of the stocks in this group increased sharply. Notably, GVR increased by 4.9% and contributed more than 1 point to the general index. In addition, the codes AAA, DCM, DPM, LAS, DGC, DDV, DPR also ended the session positively.

On the contrary, the banking group negatively affected the market with VCB being the leader, taking away 1.11 points, while the codes BID, ACB , TCB, and EIB also took away a total of nearly 1 point from the VN-Index.

Red also covered most of the securities group stocks, notably VIX down 0.58%, SSI down 0.44%, VND down 0.68%, SHS down 0.54%, HCM down 1.49%, VCI down 1.06%, TCI down 5.19%, CTS down 1.02%.

Finance - Banking - Chemical stocks break out to lead the market (Figure 2). — Foreign block transaction developments.

The total order matching value in today's session reached VND15,951 billion, up 9% compared to yesterday's session, of which the order matching value on the HoSE floor reached VND14,288 billion, up 10%. In the VN30 group, liquidity reached VND5,196 billion.

After a session of net selling, today foreign investors continued to net buy with a value of 135.7 billion VND, of which this group disbursed 1,220 billion VND and sold 1,356 billion VND.

The codes that were sold strongly were PC1 143 billion VND, VNM 60 billion VND, MSN 34 billion VND, VRE 32 billion VND, LPB 27 billion VND, etc. On the contrary, the codes that were mainly bought were STB 58 billion VND, HSG 41 billion VND, KBC 34 billion VND, CTG 31 billion VND, EIB 29 billion VND, etc.

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