Market surges thanks to Vin stocks

In the trading session on July 10, VN-Index increased by more than 14 points with strong support from Vin stocks.

On the Ho Chi Minh City Stock Exchange, after opening, good demand helped the VN-Index turn green and at one point rose above 1,445 points, up more than 14 points.

After that, demand decreased and supply increased, so the market's growth slowed down. By lunchtime, the VN-Index stopped at 1,442.49 points, up 11.17 points.

Stocks VIC, VHM, VRE strongly support the market. Screenshot

In the afternoon session, the market continued to rise but quite slowly. By the end of the session, the cash flow into the market was stronger, so the market increased better. Closing, VN-Index stopped at 1,445.64 points, up 14.32 points (1%); VN30-Index reached 1,569.34 points, up 26.07 points (1.69%).

Of the 10 stocks with the largest capitalization, 5 are green, 4 are red, and the rest remain unchanged.

The entire floor recorded 185 codes going up and 119 codes going down. In the VN30 group, the number of codes going up and down were 21 codes and 7 codes respectively.

The real estate group performed positively, especially Vin stocks. These were also the stocks that provided the strongest support to the market. VIC increased by 6.95%, contributing 6.3 points to the VN-Index. VHM contributed more than 4 points, VRE (0.92 points). Thus, these 3 stocks alone contributed more than 2/3 of the market points recorded in today's session.

The number of sectors that increased points dominated, in which real estate, media and entertainment had the most positive developments. On the contrary, no sector decreased by 0.5%.

Liquidity was high with nearly VND28,000 billion changed hands. Foreign investors traded strongly. This group bought more than VND4,384 billion and sold more than VND3,310 billion.

On the Hanoi Stock Exchange, the HNX-Index closed at 238.44 points after falling 0.19 points (-0.08%); the HNX30-Index reached 493.46 points, up 0.81 points (0.16%). The entire exchange had more than VND2,000 billion traded.

Source: https://hanoimoi.vn/thi-truong-tang-manh-nho-co-phieu-nha-vin-708685.html