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Bank stocks lead the market

VnExpressVnExpress14/11/2023


EIB hit the ceiling, a series of codes such as STB, SHB , VPB, MSB, VIB... all increased by over 2%, contributing greatly to helping VN-Index accumulate nearly 10 points today.

Since morning, green has covered the entire banking group's board. Large-cap stocks such as TCB, VPB, VIB, TPB and STB all increased by 2-3%. SHB alone increased by nearly 5%. Smaller stocks also performed positively such as MSB, OCB and LPB, all with market prices 3-4% higher than the reference price.

Investors are watching EIB shares as they hit the ceiling today. Photo: Tat Dat

Investors are watching EIB shares as they hit the ceiling today. Photo: Tat Dat

The banking board almost stood firm in the afternoon session's shake. At the end of the day, many codes increased by more than 2% such as STB, SHB, VPB, MSB, VIB ... According to VNDirect, the banking industry contributed 8 representatives in the group of 10 stocks leading the increase for VN-Index, including BID, VCB, VPB, TCB, EIB, CTG, MBB and SHB.

EIB alone hit the ceiling after only one and a half hours of trading. Eximbank's stock price was pulled up to 19,000 VND per unit with a daily liquidity of nearly 450 billion VND, the 10th highest on the HoSE. The purple color was maintained quite continuously, this code closed with a buy surplus of nearly 1.2 million units.

In addition to banks, retail and securities stocks also had positive developments. MWG had the second highest liquidity in the market and closed up 3.8%. This code benefited from positive October business results information across the entire retail system of Mobile World. In the securities group, the market recorded a wave in EVF code. This stock increased to the maximum amplitude, reaching the highest level since mid-March 2022.

Thanks to the contribution of the banking, retail and securities groups, the VN-Index remained green all day. This index closed at 1,109.7 points, accumulating nearly 10 points. The HoSE floor had 365 stocks increasing, double the 171 stocks decreasing.

Market liquidity in Ho Chi Minh City reached over VND17,000 billion, an increase of over VND1,100 billion compared to the previous session. Foreign investors net sold over VND335 billion, the 6th consecutive session this group net sold.

Siddhartha



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