VIC's strong increase helps VN-Index stay green

SGGPO 08/08/2023 19:05

VIC and VRE continued to play a supporting role for the market, so the VN-Index remained steady at the peak set in the previous session.

The Vietnamese stock market traded on August 8 with demand weakening while profit-taking pressure increased, causing the market to continue to fluctuate. In the afternoon session, the VN-Index fell below the reference level due to high selling pressure before turning green again at the end of the session.

VIC's strong increase helps VN-Index stay green photo 1

VIC and VRE increased strongly, helping VN-Index maintain green color.

In particular, VIC shares, before Vinfast 's IPO, continued to increase impressively by nearly 5%, contributing to the VN-Index maintaining its green price. Thus, up to now, after about 7 trading sessions, this stock has increased by 30%. In addition to VIC, many other large stocks were also mentioned in contributing to the market such as: VRE increased by 4.73%, POW increased by 2.9%, MSN increased by 1.13%...

In the real estate stock group, apart from VIC, VRE and some small stocks increasing, the rest all decreased quite sharply. For example: HDC decreased by 3.26%, LGC decreased by 5.61%, CII decreased by 2.52%, CRE decreased by 3.67%, KDH decreased by 2.08%, KBC decreased by 1.84%, DIG decreased by 1.69%, PDR decreased by 2.22%, NLG decreased by 2.17%, DXG decreased by 2.09%...

The group of securities stocks was also in red with VND down 2.19%, VCI down 1.56%, SSI down 2.02%, HCM down 0.32%, VIX down 4.73%, FTS down 1.79%, BSI down 1.47%, CTS down 2.05%...

Banking stocks were differentiated but mostly still tilted towards red, with stocks such as VCB, BID, VPB, TCB, ACB, SHB , TPB, MSB… all falling from nearly 1 to more than 2%.

At the end of the trading session, VN-Index increased slightly by 0.81 points (0.07%) to 1,242.23 points with 242 stocks increasing, 238 stocks decreasing and 73 stocks remaining unchanged. At the end of the session on the Hanoi Stock Exchange, HNX-Index increased by 0.38 points to 246.07 points with 108 stocks increasing, 84 stocks decreasing and 140 stocks remaining unchanged. Market liquidity remained high with total trading value across the market at nearly VND27,000 billion. Foreign investors continued to net sell nearly VND237 billion on the HOSE.

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