On the morning of November 3rd, the VN-Index rose slightly again.

After two consecutive days of declines last weekend, the stock market experienced significant volatility on the morning of November 3rd, rebounding thanks to the VN30 group of stocks.

The stock market rebounded after being in the red during the morning session on November 3rd. (Illustrative image)

At the start of the week, the VN-Index reversed course and recovered, however, weak buying pressure and persistent selling pressure prevented the index from maintaining its upward momentum. After nearly an hour of fluctuating around the reference point, selling pressure spread, pushing the VN-Index down by almost 20 points to near the 1,620 point mark.

By the end of the morning session, green returned and spread across large-cap stocks, especially real estate and banking, helping the market surge strongly.

At the end of the morning session on November 3rd, the VN-Index increased by 12.11 points to 1,651.76 points, with a trading volume of over 436.4 million shares, equivalent to over 13,000 billion VND. Across the entire exchange, there were 147 gainers, 162 losers, and 45 unchanged stocks.

On the HNX, the HNX-Index fell 1.7 points to 264.15 points, with a trading volume of over 47 million shares and a value of over 1,020.6 billion VND; with 53 gainers, 67 losers, and 56 unchanged stocks.

The UPCOM-Index rose 1.29 points to 114.75 points, with a trading volume of over 14 million shares and a value of nearly 333 billion VND; there were 101 gainers, 82 losers, and 79 unchanged stocks.

In the VN30 basket, 20 stocks rose and 10 fell. VIC led the gains with a 4.45% increase, pushing the index up. Following closely were VHM (up 1.71%), TPB (up 2.7%), LPB (up 2.76%),FPT (up 2.02%), while VCB and VNM both rose by more than 1%.

The oil and gas sector also saw many stocks rise, such as PVD (up 4.39%), PTV (up 2.63%); PLX, PVS, PVB, and PVC also saw slight increases. Most other stock groups showed mixed performance, with both gains and losses.

The developments in the morning session showed that market sentiment remains cautious, but blue-chip stocks are expected to continue to be the driving force maintaining the recovery momentum of the VN-Index at this time.

PV (compiled)

Source: https://baohaiphong.vn/phien-sang-3-11-vn-index-tang-nhe-tro-lai-525467.html