Market maintains upward momentum, banking group is bright spot

Continuing the recovery momentum, in the morning session of the first week, the market rose nearly 7 points to 1,083.7 points, in which most stocks in the large-cap group were increasing in price, notably HPG, VHM, VCB, CTG, while on the downside were still some stocks in the real estate industry group such as NVL, DIG, VCG, DXG, etc.

However, operating cash flow remained sluggish, and selling pressure increased towards the end of the session, causing the market to become more polarized. However, large-cap stocks were still the main support helping the VN-Index maintain its upward momentum.

At the end of the morning session on November 6, VN-Index increased by 6.96 points, equivalent to 0.65% to 1,083.74 points. The entire floor had 264 stocks increasing and 218 stocks decreasing. HNX-Index increased by 0.94 points, equivalent to 0.43% to 217.03 points. UPCoM-Index decreased by 0.25 points, equivalent to 0.3% to 83.72 points.

VN-Index performance on November 6 (Source: FireAnt).

In the afternoon session, stock groups rebounded more clearly, buyers dominated with positive sentiment helping the index maintain green.

At the end of the trading session on November 6, VN-Index increased by 12.88 points, equivalent to 1.2% to 1,089.6 points. The entire floor had 367 stocks increasing, 176 stocks decreasing and 74 stocks remaining unchanged.

The HNX-Index increased by 1.84 points, equivalent to 0.85% to 219.59 points. The entire floor had 97 stocks increasing, 66 stocks decreasing and 64 stocks remaining unchanged. The UPCoM-Index increased by 0.89 points to 85.05 points. The VN30 basket alone recorded 24 stocks increasing in price.

Stocks affect the market.

In the top 10 codes that contributed the most to the general index, there were 6 codes in the banking group, namely VPB, VCB, SAB, MBB, CTG, SSB, contributing more than 5.3 points to the VN-Index.

In today's session, only retail stocks were still in red such as MWG down 2.31%, CEN down 3.85%, LMH down 3.33%, the rest of the industry groups were all in green such as HPG up 2.59%, HSG up 2.83%, SHS up 4.58%, VCG up 1.39%,..

Market liquidity decreased with trading volume at VND22,190 billion, down 5% compared to the previous session. Of which, the matched value on HoSE alone reached VND14,079 billion, down 9%. In the VN30 group, liquidity reached VND6,756 billion.

Foreign trading picked up with a net purchase of VND541 billion across the market. Of which, the stocks that were heavily bought were STB at VND159 billion, HPG at VND120 billion, HSG at VND40 billion, GMD at VND34 billion, and FUESSVFL at VND29 billion.

On the contrary, the codes that were pushed to sell strongly were MWG 46 billion VND, VIX 34 billion VND, VRE 30 billion VND, FRT 22 billion VND, OCB 19 billion VND .

Source: https://www.nguoiduatin.vn/thi-truong-duy-tri-da-tang-nhom-ngan-hang-la-diem-sang-a634517.html