 |
| VN-Index bounces back strongly, cash flow returns with enthusiasm |
Right from the beginning of the morning session, VN-Index opened in green, but encountered obstacles at the 1,670-point resistance zone due to lack of cash flow momentum. The development made many investors worry about a repeat of the previous session, when selling pressure increased in the afternoon. Pillar codes such as VIC, VHM or VJC weakened in the morning, further reinforcing concerns about the possibility of a market correction.
However, in the afternoon session, the situation changed rapidly. After a short period of fluctuations and a narrowing of the increase amplitude due to the influence of the VN30 basket, the low-priced supply began to decrease. Bottom-fishing cash flow entered the market strongly, causing a series of stocks to reverse and increase, even reaching the ceiling price such as GEX, VPL, DCL. VIC, the main stock of the Vingroup group, also reversed strongly, closing up 0.82% after jumping up more than 2% in the afternoon session alone.
The recovery momentum of the pillar group and the excitement in the banking, securities and retail groups helped the VN-Index make a spectacular breakthrough. Although there was a period of strong fluctuations at the end of the session due to the portfolio restructuring activities of large investors, causing the index to fall nearly 10 points from the peak, the demand force still absorbed the low-priced supply well, quickly bringing the index back to the 1,680 point zone.
At the end of the session, green dominated the market as the entire HoSE recorded 243 gainers and 79 losers. VN-Index increased by 20 points (+1.2%) to 1,680.36 points. Total trading volume reached 794.4 million units, worth VND24,853.8 billion, slightly down from the previous session due to a part of the pending buy orders not being matched in the context of rapidly increasing prices.
Notably, the price level has been raised significantly. The number of codes increasing by more than 1% increased from 91 codes (at the end of the morning session) to 138 codes when the market closed. The liquidity of this group accounts for nearly 73% of the total matched value of the entire floor, showing the strong spread of cash flow into increasing stocks.
In the VN30 group, 22/30 codes increased compared to the morning session, in which many codes increased by more than 1% such as VPB, TPB,SHB , SSI, MWG, DGC. VN30-Index increased by 0.73% with 24 codes increased and 5 codes decreased. This index increased less than VN-Index due to the lack of contribution from large stocks outside the basket such as VPL (+6.99%), GEX (+6.98%) or TCX (+1.97%). On the contrary, two blue-chips STB and VJC were rare negative points when they decreased by 0.1% and 5.16% respectively.
The real estate group played a leading role in the green color of the market with 60 stocks increasing and only 13 stocks decreasing. The midcap segment became the center of attention when a series of stocks broke out such as DXG (+4.08%), CEO (+4.05%), PDR, DIG, NLG, HDC, KDH increased from 2 - 4%. This is a signal that cash flow is returning to the mid-sized real estate group, expecting the prospect of profit recovery in 2025.
In the large-cap group, VIC continued to be the "locomotive" when it increased by 0.82% to 245,000 VND/share, contributing significantly to the overall increase of the market. VRE increased by 1.8%, while VPL increased by the ceiling of 6.99% and was one of the two codes that contributed the most points to the VN-Index. In the opposite direction, VHM decreased slightly by 0.49% and was the only notable red spot in the leading group.
Afternoon liquidity decreased by about 11% compared to the morning, mainly due to the upward price movement causing many pending buy orders to fall. Some investors actively chased the price, causing the amplitude to widen and accelerate the general increase.
The banking and securities groups were the focus of strong cash flow after the previous session's correction. The entire banking group had only 4 red codes (STB, VCB, NAB, BAB), while 12 codes increased by more than 1%. The securities group recorded a series of codes increasing by more than 3% such as SHS, CTS, SSI, MBS, VND, VCI. VIX alone increased to the ceiling, matching more than 1,524 billion VND; SHB and GEX also achieved liquidity of over 1,200 billion VND.
On UPCoM, the UPCoM-Index increased by 0.25% to 119.22 points. Liquidity reached 29.7 million units, worth VND612.6 billion. ABB led with more than 4 million shares traded, up 1.39%. HBC and AAS also surpassed the 1 million unit mark, while HNG fell 3.39% after reversing at the end of the session.
Overall, the November 26 session showed a convincing recovery after a technical correction, with a clear spread of cash flow and the return of pillar stocks. If this trend is maintained, the market may continue to maintain a positive pace in the coming sessions.
Source: https://thoibaonganhang.vn/sac-xanh-lan-toa-vn-index-but-pha-manh-trong-phien-chieu-174237.html
Comment (0)