King stocks make waves

Stocks in the first trading session of the week continued the upward trend of the last session of last week, in which the "king" stocks (banks) contributed greatly to the strong market increase.

The Vietnamese stock market opened on November 6, with the VN-Index having a gap up of nearly 10 points. During the session, although the market's decline was narrowed by profit-taking pressure from investors, in the final minutes of the session, the VN-Index continued to rise by nearly 13 points.

In particular, the banking stocks group increased strongly, contributing to strengthening the market's steady growth momentum. Specifically: VPB increased by 5.05%, SSB increased by 4.12%, TPB increased by 3.43%, STB increased by 3.33%, MBB increased by 3.16%, SHB increased by 2.8%, CTG increased by 1.96%, VIB increased by 1.61%, EIB increased by 1.12%... The securities stocks group also improved with SHS increasing by 4.58%, CTS increased by 3.82%, VCI increased by 3.2%, SBS increased by 3.08%, AGR increased by 1.86%, FTS increased by 1.53%, HCM increased by 1.48%, HBS increased by 1.39%, MBS increased by 1.63%, VIX increased by 1.47%, BIS and VND increased by 1.08%...

The real estate group also increased quite well: NLG increased by 4.06%, DIG increased by 2.24%, KDH increased by 1.88%, NVL increased by 1.72%, BCM increased by 1.54%, TCH increased by 1.34%, DXS increased by 1.29%, SCR increased by 1.25%, VHM increased by 1.23%, VIC increased by 1.2%, DXG, IDC and PDR all increased by 1.11%... In addition, the manufacturing stock group also traded very positively with GEX increasing by 4.47%, DGC increasing by 3.03%, HSG increasing by 2.83%, HPG increasing by 2.59% and NKG increasing by 1.3%, VNM increasing by 1.43%...

At the end of the trading session, VN-Index increased by 12.88 points (1.2%) to 1,089.66 points with 367 stocks increasing, 176 stocks decreasing and 74 stocks remaining unchanged. At the end of the session at Hanoi Stock Exchange, HNX-Index also increased by 1.84 points (0.85%) to 219.59 points with 97 stocks decreasing, 66 stocks increasing and 64 stocks remaining unchanged. Market liquidity was relatively high, with total trading value of about 16,000 billion VND, down more than 1,000 billion VND compared to the session at the end of last week.

Foreign investors continued to net buy for the second consecutive session with a total net buying value on the two official exchanges HOSE and HNX of about 488 billion VND, of which HOSE accounted for 351 billion VND.

Nhung Nguyen

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