VN-Index breaks two-session losing streak.

The VN-Index rose 1.05 points to 1,245.76 points on November 5th, breaking a two-day losing streak despite trading volume falling to its lowest level in a week.

Following two previous sessions of sharp declines, some experts suggested that investors should only disburse funds when there are clear signals of stabilization and signs confirming a recovery trend. These assessments contributed to even more cautious investor sentiment on November 5th.

The VN-Index opened today's session in positive territory. However, from mid-morning onwards, the market shifted to a tug-of-war with alternating gains and losses due to strong selling by foreign investors . After the lunch break, buying pressure emerged at lower price levels, helping the index return to positive territory before closing at 1,245.76 points, up 1 point from the reference point.

The total trading volume for today's session reached over 416 million shares, a decrease of 293 million units compared to the beginning of the week. Consequently, the trading value decreased by 4,871 billion VND, to 10,983 billion VND. This was the session with the lowest liquidity in over a week.

VHM led in trading value with over 587 billion VND, equivalent to 14.1 million shares successfully traded. The subsequent positions in the liquidity ranking showed significant differences from the leader. Specifically, MSN recorded a trading value of over 364 billion VND (corresponding to 5 million shares), MWG over 344 billion VND (corresponding to 5.3 million shares), and DXG approximately 317 billion VND (corresponding to 18.7 million shares).

The Ho Chi Minh City Stock Exchange recorded 187 stocks closing in the green, with a negligible difference of 168 declining stocks. Among the rising stocks, 6 hit the ceiling price, and most closed with no sellers. The VN30 basket had 11 rising stocks and 9 closing below the reference price.

HVN accumulated a 5.56% increase compared to the reference price, reaching 22,800 VND, becoming the main driving force for the market's rise and leading in terms of gain within the aviation sector. The upward momentum also came from key stocks in many other sectors such as banking , steel, and real estate... Specifically, in the banking sector, EIB increased by 3.21% to 19,300 VND, VCB increased by 0.11% to 92,600 VND, andSHB increased by 0.96% to 10,550 VND.

Steel stocks also saw significant gains, with most closing in positive territory. Specifically, NKG rose 1% to 20,900 VND, HPG increased 0.8% to 26,500 VND, and HSG gained 0.3% to 20,000 VND.

The real estate sector also contributed significantly to today's gains. Two key stocks, DXS and NVL, rose 1.4% to 5,790 VND and 1% to 10,300 VND, respectively.

The banking sector showed strong divergence, with CTG falling 1.82% to 35,050 VND and becoming the main factor holding back the market's gains today. Following closely behind, BID fell 0.63% to 47,400 VND andOCB dropped 1.38% to 10,700 VND.

Foreign investors extended their net selling streak to the ninth consecutive session. Specifically, they sold over 47 million shares, equivalent to a transaction value of VND 1,785 billion, while only disbursing over VND 931 billion to purchase over 28 million shares. The net selling value therefore reached approximately VND 854 billion.

Foreign investors aggressively sold off MSN shares today, with a net selling value of approximately 170 billion VND, followed by VHM with over 115 billion VND. Conversely, foreign investors actively invested in TCB, with a net buying value of over 67 billion VND, followed by VPB and EIB, both with over 32 billion VND.

Source: https://baodautu.vn/vn-index-cat-chuoi-giam-sau-hai-phien-lien-tiep-d229230.html