VN30 group's pillars increase sharply, FPT recovers after sell-off session

The stock market performed positively in the final session. Green was slightly dominant with a significantly higher number of stocks increasing in price.

After yesterday's decline, entering the trading session on April 17, which is also the expiration date of the VN30 index futures contract, the Vietnamese stock market continued to reflect the highly cautious sentiment of investors, especially in the face of negative developments from the international market. The defensive sentiment caused the market to open in a state of tug-of-war, narrow fluctuations with liquidity soon improving, showing the appearance of a bottom-fishing cash flow but not strong enough to create a clear change.

Divergence appeared early but was mostly in favor of the downside, although the decline was not large. The market remained in a sideways state for most of the morning trading session, before coming under stronger pressure in the second half of the session. This pressure caused the main index to break through an important psychological level at times, but supportive buying pressure was quickly activated, helping the market to narrow the decline somewhat by the end of the morning session.

In the afternoon session, trading was more active as the number of stocks increasing gradually became more overwhelming than the decreasing side. Strong fluctuations in the market occurred from around 2:15 p.m. From 2:15 p.m. to 2:45 p.m. was the time to determine the final settlement price of the VN30 index. Many large stocks recovered well and helped pull the VN-Index above the reference level, even closing at the highest level of the session.

At the end of the trading session, VN-Index stood at 1,217.25 points, up 6.95 points (0.57%). HNX-Index increased 0.17 points (0.08%) to 209.58 points. UPCoM-Index increased 0.14 points (0.15%) to 90.53 points.

The whole market had 421 stocks increasing, 299 stocks decreasing and 853 stocks remaining unchanged/not traded. On the three exchanges, 28 stocks still hit the ceiling while 8 stocks hit the floor.

Top stocks affecting VN-Index.

Stocks in the VN30 group today contributed greatly to helping the VN-Index increase at the end of the session. Of which, VIC increased by nearly 4.6% and contributed the most to the VN-Index with 2.8 points. The amplitude of VIC in today's session was quite large. This stock at one point decreased by 1% then closed with the highest increase of the session at 71,000 VND/share. In addition, codes such as LPB, GVR, FPT ... all increased well and also contributed to strengthening the green color of the VN-Index.

FPT recovered after yesterday's sell-off. At the close of the session, FPT increased by 1.4% to VND109,400/share. At the beginning of today's session, information appeared on the market that FPT Securities Joint Stock Company (FPTS) announced the temporary suspension of margin trading loans for FPT stock code. FPTS reduced the purchasing power ratio of FPT stock from 50% to 0%. The reason given by FPTS is that the company has reached the lending limit for FPT stock code.

On the other hand, VCB, VPB, SAB, VIB and BID were the rare stocks that decreased in price in the VN30 group. VCB fell sharply by 2% and was the stock that had the most negative impact on the VN-Index with 2.39 points. VPB fell by 1.5% and also took away 0.47 points from the index.

Outside the VN30 group, HVN jumped up 6.5% and ranked second in terms of positive impact on the VN-Index. Some stocks in the same "family" such as GEX or GEE also increased very strongly. GEE was pulled up to the ceiling price, while GEX increased by more than 5.6%.

Some real estate stocks such as DXS, DIG, HDG… also increased quite well in today's session.

Foreign investors net sold a large amount of Vingroup shares by agreement.

Market liquidity decreased compared to the previous session. The total trading volume on HoSE reached nearly 808 million shares, equivalent to a trading value of VND21,614 billion, up 11% compared to the previous session. However, if only counting matched transactions, the value decreased by 12.7% to VND15,731 billion. The trading value on HNX and UPCoM reached VND874 billion and VND445 billion, respectively.

Foreign investors increased their net selling to VND4,550 billion on the HoSE. However, this capital flow sold the most VIC code with VND4,446 billion and mainly through agreements. VNM was behind with a net selling value of more than VND120 billion. Meanwhile, on the contrary, FPT was the strongest net buyer with VND117 billion. However, since the beginning of the year, FPT shares are still at the top of the net selling list with a net selling value of nearly VND8,600 billion. In addition to FPT, some stocks were also bought quite well such as VCI (VND108 billion), MWG (VND79 billion), VHM (VND63 billion)...

Source: https://baodautu.vn/loat-tru-cot-nhom-vn30-tang-manh-fpt-hoi-phuc-tro-lai-sau-phien-ban-thao-d268998.html