Green color spreads, foreign investors strongly net buy MWG

After 4 consecutive sessions of decline, the market opened with a slight increase to near the 1,255 point mark. However, VN-Index quickly reversed and decreased after 1 hour and 30 minutes of trading.

MWG rose to become the center of the market when it increased by 4.6% to 52,300 VND/share. In addition, the codes SSI, VJC, GVR, CTG, MSN and VRE in the large-cap group also increased by around 1%.

At the end of the morning session on April 9, VN-Index increased by 2.73 points, equivalent to 0.22% to 1,253.08 points. The entire floor had 180 stocks increasing and 226 stocks decreasing.

Finance - Banking - Green color spreads, foreign investors strongly net buy MWG — VN-Index performance on April 9 (Source: FireAnt).

Entering the afternoon session, buying power helped the market increase positively and close at the highest level of the day, with the main driving force coming from the banking and retail groups.

At the end of the trading session on April 9, VN-Index increased by 12.47 points, equivalent to 1% to 1,262.82 points. The entire floor had 332 stocks increasing, 137 stocks decreasing, and 71 stocks remaining unchanged.

HNX-Index increased by 2.28 points to 240.36 points. The entire floor had 111 stocks increasing, 65 stocks decreasing and 58 stocks remaining unchanged. UPCoM-Index increased by 0.04 points to 90.57 points. In the VN30 basket alone, 22 stocks increased in price.

BID led the market's gain in today's session, contributing nearly 2.7 points to the market. Other stocks in the banking group also had positive developments, including CTG, LPB, MBB, contributing a total of 2.4 points to the index. On the contrary, VCB led the market's decline, taking away more than 0.8 points, while VPB and SAB also had a slight impact on the market.

MWG continued the upward trend from the morning session when it increased by 5.6% and contributed more than 1 point to the market. This was also the focus of foreign investors who net bought 273.5 billion VND in today's session. DGW, PET, TTH, TNA, PIV, LMH, BMF codes in the retail industry also increased positively. Meanwhile, another retail giant, FRT, decreased by 2.03% to 140,000 VND/share.

Positivity has returned to the securities group when green covers most stocks in the industry, notably VIX up 3.69%, SHS up 3.59%, VND up 2.77%, HCM up 2.85%, VCI up 3.82%, MBS up 3.18%, VDS up 6.08%.

Finance - Banking - Green color spreads, foreign investors strongly net buy MWG (Figure 2). — Foreign block transaction developments.

The total order matching value in today's session was VND19,456 billion, down 17% compared to yesterday, of which the order matching value on the HoSE floor reached VND17,147 billion. In the VN30 group, liquidity reached VND6,812 billion.

Foreign investors quickly returned to net buying with a value of VND 268.66 billion today, of which this group disbursed VND 1,801 billion and sold VND 1,1532 billion.

The codes that were sold strongly were VHM 133 billion VND, FUESSVFL fund 112 VND, VNM 66 billion VND, DBC 57 VND, FUEVFVND fund 35 billion VND,... On the contrary, the codes that were mainly bought were MWG 274 billion VND, SBT 57 billion VND, BID 48 billion VND, MSN 47 billion VND, HPG 44 billion VND,... .

Source