Banking stocks stand out, VN-Index hits all-time high

In the trading session on August 19, the VN-Index increased by nearly 18 points, reaching its highest level ever, thanks to strong support from banking stocks.

On the Ho Chi Minh City Stock Exchange, at the close of the session, the VN-Index increased by 17.83 points (1.09%), reaching 1,654.2 points - the highest closing level in history. The VN30-Index stopped at 1,810.46 points after "increasing" by 24.09 points (1.35%).

Banking stocks provided the strongest support to the market on August 19. Screenshot

Cash flow returning to banking stocks helped most of this group increase in price, of which VPB increased to the ceiling. This is the group that supported the market the most. Of the 10 stocks that pulled the VN-Index the most with a total of nearly 17.2 points, banking stocks contributed 8 stocks, of which the 6 leading stocks were VPB (contributing 4.34 points), TCB (2.12 points), LBP (2 points),ACB (1.76 points), HDB (1.74 points), CTG (1.4 points).

The industry groups that increased and decreased were quite equal. Among the groups that increased, energy, hardware and equipment, and banking were the most positive, all increasing by more than 2%. On the other hand, the insurance, trade and professional services groups decreased by more than 1%.

Increasing stocks dominated with 189 stocks going up, of which 27 stocks hit the ceiling; 144 stocks went down. In the VN30 group, the number of stocks increasing and decreasing were 16 stocks and 10 stocks, respectively.

Liquidity was high with over VND54,000 billion changed hands. Banking and securities groups achieved high liquidity in the market. Of which,SHB and SSI were the codes with a transfer value of over VND2,000 billion.

Foreign investors continued to be net sellers. This group bought nearly 3,518 billion VND and sold over 5,008 billion VND.

On the Hanoi Stock Exchange, liquidity reached over VND4,200 billion. At the close of the session, the HNX-Index stopped at 286.45 points, up 2.58 points (0.91%); the HNX30-Index reached 634.71 points after gaining 3.43 points (0.54%).

Source: https://hanoimoi.vn/co-phieu-ngan-hang-noi-bat-vn-index-len-cao-nhat-tu-truoc-den-nay-713227.html