Vingroup shares help stock market soar more than 38 points

In the trading session on November 12, stronger cash flow into the market helped most stocks increase in price, especially Vingroup stocks, helping the VN-Index increase by more than 38 points, surpassing 1,630 points.

On the Ho Chi Minh City Stock Exchange, the market was green throughout the morning session but the increase was not too strong. By lunchtime, the VN-Index temporarily stopped at 1,607.41 points, up 13.8 points from the reference level.

Green covers the VN30 basket. Photo captured via screen

In the afternoon, the market moved positively, with demand becoming stronger towards the end of the session, helping the index representing the floor to skyrocket. At the end of the session, VN-Index "jumped" 38.25 points (2.4%) to 1,631.86 points; VN30-Index increased 50.67 points (2.78%) to 1,872.27 points.

Green almost covered the electronic trading board when the market recorded 268 codes increasing in price, only 58 codes decreasing. In the VN30 group, there was only one code decreasing in price, the rest increased.

By industry group, no group decreased in points. Real estate was the group that supported the market the most, with VIC increasing by 5.07% and VHM increasing by 4.44%, contributing 9.17 points and 3.78 points to the VN-Index, respectively; VRE contributed an additional 0.93 points.

The banking group also contributed positively with four codes TCB, VCB, MBB and VPB being among the groups contributing the most points; in which TCB and VCB added 2.2 and 1.12 points respectively, MBB and VPB added 0.91 and 0.89 points. Other codes such asFPT , GEE, HVN also contributed to strengthening the general uptrend.

Although liquidity increased compared to the previous session, it remained low, with total trading value across the floor reaching over VND22,000 billion. Foreign investors continued to be net sellers, buying over VND2,253 billion and selling nearly VND2,640 billion.

On the Hanoi Stock Exchange, at the end of the session, the HNX-Index increased by 3.71 points (1.42%) to 264.79 points; the HNX30-Index increased by 11.24 points (1.99%), stopping at 576.46 points. The total transaction value reached nearly 1,500 billion VND.

Source: https://hanoimoi.vn/co-phieu-nha-vingroup-giup-thi-truong-chung-khoan-tang-vot-hon-38-diem-723027.html