A series of green stocks when applying the new trading system

At the end of the trading session on May 5, the stock market closed in green as all indices increased. The number of stocks increasing in price dominated the floor. This was the first session that the Ho Chi Minh City Stock Exchange (HOSE) officially put into use the new information technology system.

At the end of the session, VN-Index increased by 13.75 points, equivalent to 1.12% to 1,240.05 points; HNX-Index increased by 0.87 points, equivalent to 0.41% to 212.81 points. On the HOSE floor, there were 233 stocks increasing in price while only 85 stocks decreased, or on the HNX floor, there were 95 stocks increasing and 77 stocks decreasing.

Many stocks are green in session 5.5 when HOSE applies new information technology system

PHOTO: DAO NGOC THACH

During the morning trading session, some investors were not used to seeing the new price display on ATO orders in the first periodical matching session, causing the transaction to be not smooth. Some investors said that there was also a phenomenon of slow display of technical chart data locally... However, after switching to the continuous matching session, all activities were quite stable. However, investors were cautious on the first day of trading with the new technology system, causing market liquidity to be low.

Entering the afternoon session, caution remained but transactions were faster but still down from the previous session. In total, the HOSE floor had more than 605.76 million units traded with a value of more than VND14,351 billion, down nearly 15% compared to the session before the holiday. Similarly, the HNX floor had more than 43.85 million units traded with a value of more than VND723.8 billion, down more than 5.5%.

This session witnessed the breakthrough of the trio of Vingroup stocks including VIC, VHM and VRE leading with increases of 3%, 4.2% and 5.2% respectively. In addition, some blue-chip stocks such as BCM, GVR, VJC also increased, contributing positively to the market's growth. On the contrary, the stocks with the strongest decline were PLX, FPT , SAB, LPB, VCB... which pulled back the increase of VN-Index.

The operation of a new information technology system for the stock market will improve processing capacity and liquidity in the market and create the premise for implementing new products such as intraday trading (T+0), short selling, and new derivative products.

Source: https://thanhnien.vn/hang-loat-co-phieu-xanh-muot-khi-ap-dung-he-thong-giao-dich-moi-185250505141416432.htm