The VN-Index chart remained in positive territory throughout the day. The index started with a jump of nearly 5 points above the reference level, then recovered to the 1,260 point mark. The market performed even more positively as capital flowed into real estate, construction, and resource stocks. At one point, the stock index accumulated more than 7.5 points.
After a slight fluctuation in the early afternoon, the VN-Index quickly regained momentum as buying pressure shifted to blue-chip stocks. Stronger liquidity than yesterday helped the market recover.
The HoSE index closed at around 1,262 points, gaining more than 7 points. Across the entire exchange, 244 stocks rose, more than the 132 stocks that fell. Excluding food and beverage stocks, the remaining sectors all saw increases in their indices, led by telecommunications, tourism and entertainment, chemicals, and retail.
Liquidity has improved significantly, increasing by nearly 8 trillion VND to over 18.8 trillion VND. However, this is still a low level compared to the previous period.
The net selling of over VND 5,500 billion by foreign shareholders inVIB affected the overall figures on the HoSE exchange. The net selling value rose to over VND 5,200 billion. If the VIB transaction is excluded, foreign investors made net purchases of nearly VND 290 billion.
Today, the HoSE exchange recorded 11 stocks that increased to their maximum allowed limit. Not only were some stocks with low trading volumes, but this group also included HVN, CSV, YEG, and HPX, all of which achieved liquidity ranging from tens to over a hundred billion VND.
HVN recorded a trading value of nearly 84 billion VND, closing the session at 22,000 VND. Vietnam Airlines shares also led the group contributing the most to the VN-Index's increase. In terms of volume, this stock saw approximately 3.9 million shares change hands, more than 10 times the average of the last 10 sessions.
This positive trend comes ahead of the national airline's announcement of its third-quarter financial report. Several analysts have predicted that Vietnam Airlines could report a significant increase in profits, surpassing last year's low base. In addition, HVN recently signed a strategic cooperation agreement with Viettel Post (VTP) to deploy transportation services to five key markets in Europe, successfully delivering 10 tons of cargo on the first day.
The market also paid attention to YEG. The stock surged to its ceiling price of 10,500 VND with a trading volume of over 34.6 billion VND. In terms of volume, this stock had over 3.4 million units traded, nearly three times the average of the past year.
YEG's share price surged after news that Yeah1 Group reported a profit of 34 billion VND in the third quarter, more than 10 times higher than the same period last year, following the success of the show "Brother Overcoming a Thousand Obstacles". Additionally, on October 19th, they held a concert in Ho Chi Minh City and sold out 20,000 tickets (priced from 800,000 VND to 8 million VND) in just 90 minutes.
Similarly, most other stocks that reached the purple color (indicating price increase) such as CSV, HPX, and DLG also benefited from strong third-quarter business results. This aligns with predictions from many analysts that the stock market could be boosted by significantly improved corporate profits during the earnings reporting season.
TH (according to VnExpress)Source: https://baohaiduong.vn/loat-co-phieu-tang-tran-396801.html
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