Liquidity exceeds billion dollars, overwhelming green brings VN-Index to 1,367 points

Extending yesterday's increase, the stock market continued to trade positively during the session. At the beginning of the morning session, the market recorded a positive increase, supported by the cooling of global geopolitics and the clear recovery trend of international markets. Investor sentiment improved right from the beginning of the session, helping the indices bounce strongly, decisively surpassing short-term resistance levels, accompanied by a clear spread of green across the board.

Market liquidity increased sharply, showing that cash flow is returning with high intensity, especially concentrated in leading stocks. However, local correction pressure also appeared when the index approached the next resistance zones, causing the increase to somewhat slow down at the end of the morning session. Some industry groups sensitive to international commodity fluctuations were under correction pressure, affecting market breadth in the short term. However, cash flow still played a proactive role, maintaining an overall balance.

In the afternoon session, trading did not have many highlights, the indices fluctuated only slightly. Thanks to the push of some pillar stocks in the same securities group, the green color of the general market remained stable.

Oil stocks plunged following oil prices.

At the end of the trading session, VN-Index increased by 8.59 points (0.63%) to 1,366.77 points. HNX-Index increased by 0.37 points (0.16%) to 227.79 points. UPCoM-Index increased by 0.41 points (0.41%) to 99.34 points. The number of codes increasing in today's session was more overwhelming with 453 codes while there were 288 codes decreasing. The whole market still recorded 19 codes increasing to the ceiling while there were 9 codes decreasing to the floor.

Vingroup stocks played an important role in pushing the VN-Index up. Of which, VHM increased by 4.5% and was the code that contributed the most to the VN-Index with 3.13 points. VIC increased by 3.23% and contributed 2.64 points to this index. In addition, stocks such as HVN, BVH, MSN, VND... increased well and also contributed to supporting the general market. HVN increased by 3.84%, BVH increased by 5.7%, MSN increased by 1.8%...

VNDirect's VND shares made a strong breakthrough when they increased by 6.3%. At one point during the trading session, VND increased sharply to 16,950 VND/share. Other securities stocks such as VIX, CTS, FTS, HCM, SHS... also increased sharply. VIX increased by 3.6%, CTS increased by 3.3%, FTS increased by 3%. Some steel stocks also fluctuated well, of which, HSG increased by 2.45%, NKG increased by 1.54%, HPG increased by 0.56%.

On the other hand, oil and gas stocks plummeted after world oil prices plunged following news of a ceasefire agreement between Iran and Israel. GAS fell 4.8%, PLX fell 5.35%, OIL fell 8.33%, PVS fell 6%, and PVD fell 5.8%.

Foreign investors returned to net buying, focusing mainly on shares of Digiworld and VNDirect.

Market liquidity improved compared to the previous session. Total transaction value on HoSE reached VND25,607 billion, up 18%, of which order-matching transactions accounted for VND22,191 billion, up 22%. Transaction value on HNX and UPCoM reached VND2,294 billion and VND709 billion, respectively. Liquidity on the three exchanges exceeded USD1 billion.

Foreign investors traded actively again when they net bought VND230 billion on HoSE despite the USD exchange rate continuously setting new highs. This capital flow net bought the most DGW code with VND219 billion. VND was also net bought VND213 billion. SSI and HPG were both net bought over VND100 billion. On the other hand, another securities stock, HCM, was net sold the most with VND115 billion. VPB was also net sold VND80 billion.

Source: https://baodautu.vn/thanh-khoan-vuot-ty-do-sac-xanh-ap-dao-dua-vn-index-len-1367-diem-d312963.html