VN-Index conquers 1,290 point mark again, TCB explodes in trading

The market opened in positive sentiment and the VN-Index advanced to 1,290 points after just 15 minutes of trading and cooled down slightly afterwards. Green was all over the electronic board, especially the large-cap group, notably TCB.

TCB shares had positive developments right after the bank's Board of Directors submitted to the General Meeting of Shareholders a plan to pay cash dividends at a rate of 15% (1 share receives 1,500 VND). Other stocks in the large-cap group only fluctuated slightly.

At the end of the morning session on March 28, VN-Index increased by 5.87 points, equivalent to 0.46% to 1,288.96 points. The entire floor had 204 stocks increasing and 209 stocks decreasing.

VN-Index performance on March 28 (Source: FireAnt).

In the afternoon session, the selling side quickly took the upper hand, and stocks that had a positive impact on the general market had their influence significantly reduced. However, the VN-Index still ended the session above the 1,290 point threshold.

At the end of the trading session on March 28, VN-Index increased by 7.09 points, equivalent to 0.55% to 1,290.18 points. HNX-Index increased by 1.07 points to 243.92 points. UPCoM-Index increased by 0.3 points to 91.48 points.

Green color covered most of the securities group stocks, such as SSI, SHS, HCM, MBS, VCI, SBS, ORS, CTS, FTS, VDS, notably AGR increased to the ceiling of 6.84%. Meanwhile, VND continued to decline against the trend since the incident occurred.

Latest information, today VNDIRECT will conduct a check on “transaction flow with the Stock Exchanges”. However, there is still no exact information about when the VNDIRECT system will restore normal trading status.

Banking stocks continued to rise, led by STB, TCB, MBB, VPB, SHB , ACB, VIB, CTG, MSB, HDB, OCB. TCB stood out after submitting to the shareholders' meeting a plan to pay dividends and increase charter capital. At the end of the session, TCB increased by 5.38% to VND48,000/share and liquidity reached more than 30 million units.

With a strong increase in recent times, TCB's capitalization has now surpassed VPB and regained its position as the largest private bank in Vietnam. At this price, TCB's capitalization is VND 169,080 billion, an increase of VND 8,500 billion compared to yesterday's closing price and the highest in more than 2 years.

The real estate group witnessed high differentiation, however, under the leadership of the Vingroup duo VHM and VIC, this group still increased slightly. Meanwhile, the codes NVL, DXG, VRE, DIG, CEO, TCH, SCR, LDG, KHG,… ended the session in red.

Foreign block transaction developments.

Total matched order value in today's session was VND28,318 billion, up 6%.

Foreign investors net sold for the 13th consecutive session with a value of VND 1,326 billion today, of which this group disbursed VND 2,814 billion and sold VND 4,141 billion.

The codes that were sold strongly were VHM 324 billion VND, VRE 256 billion VND, TCB 192 billion VND, VNM 160 billion VND, NVL 158 billion VND,... On the contrary, the codes that were mainly bought were STB 184 billion VND, SSI 46 billion VND, MWG 35 billion VND, FTS 32 billion VND, HCM 31 billion VND,... .

Source: https://www.nguoiduatin.vn/vn-index-chinh-phuc-lai-moc-1-290-diem-tcb-bung-no-giao-dich-a656339.html