Banking stocks help VN-Index increase the most in a month, to 1,276 points

VN-Index increased by more than 18 points, marking the most positive trading session in the past month, thanks to the excitement of the banking group when most stocks of this group closed above the reference.

The stock market opened the last trading session of the week in a state of excitement, in complete contrast to the caution that prevailed during the previous two sessions. The VN-Index quickly surpassed the 1,260-point price zone thanks to cash flowing into the large-cap basket, then narrowed the increase as investors took advantage of the opportunity to take profits.

However, in the afternoon session, the market continued to rebound strongly when buyers completely overwhelmed sellers. The index representing the Ho Chi Minh City Stock Exchange thus approached the 1,280 point mark at one point before reversing slightly and closing at 1,276.6 points, up 18.4 points compared to the reference. This was the strongest increase of the VN-Index in the past month.

Overall this week, with 3 slight declines and 2 strong increases, the index accumulated more than 21 points compared to the price range at the end of last week.

Map of capitalization of Ho Chi Minh City Stock Exchange in session 12/4.

Today, the Ho Chi Minh City Stock Exchange had 317 stocks gaining points, outnumbering the number of stocks falling with 143 codes. The VN30 basket contributed most positively to the excitement with 29 codes increasing, of which CTG at one point hit the ceiling price of 36,050 VND. Mobile World stock was the only code to reverse the trend in the large-cap basket when it closed the last trading session of the week at 52,000 VND, down 0.6% compared to the reference.

By industry, banking was the group with the most impressive trading status when all stocks reversed from decreasing to increasing at the end of the session, except for EIB which remained unchanged. LPB today led the increase in the banking group when it closed at the ceiling price of VND19,550, followed by CTG, TCB, MBB, ACB and VIB. In the list of 10 stocks that contributed most positively to the VN-Index score, the banking group had 8 representatives.

Oil and gas stocks also recorded a significant improvement in today's trading session when most of them increased by 0.5-3%, except for PSH which continued to hit the floor and did not record any buyers. The consensus green color also covered the aviation group when the majority of shareholders increased sharply, in which HVN led the way with an increase of 6.6% to 17,700 VND and VJC increased by 5.9% to 107,000 VND.

Not only did the scores fluctuate strongly, but market liquidity also jumped. Specifically, the volume of successful matching orders reached 944.4 million shares, an increase of about 258 million shares compared to yesterday's session. The trading value reached VND24,070 billion, a sharp increase compared to VND16,545 billion of the previous session. This was also the session with the highest volume of shares and value of transactions this week. CTG led in liquidity with a trading value of VND837 billion. The following stocks were DIG with VND785 billion, VHM with VND748 billion, SSI with VND730 billion and TCB with VND621 billion.

Foreign investors returned to net selling in the last session of the week with a value of more than VND726 billion. Foreign investors disbursed VND6,814 billion, while selling VND7,539 billion. SBT was the stock with the strongest net buying volume with a value of VND65.9 billion, followed by SAM, SCS, HPG. On the other hand, foreign investors focused on selling pillar stocks such as VHM for more than VND247 billion, MSN for more than VND84 billion, and PDR for more than VND61 billion.

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