VN-Index slightly recovered in the morning session of November 11, low liquidity

After a series of declines, the stock market regained green this morning, but the recovery was slow due to cautious investor sentiment, causing liquidity to remain low.

VN-Index recovered slightly in the morning session of November 11. Illustrative photo

At the end of the trading session on November 11, VN-Index increased by 5.93 points, reaching 1,586.47 points. Trading volume was more than 273.7 million shares, equivalent to VND 8,487.2 billion. The entire floor had 131 stocks increasing, 149 stocks decreasing and 64 stocks remaining unchanged.

On HNX, the HNX-Index increased by 0.36 points to 258.54 points, with trading volume reaching 21.2 million shares, equivalent to VND462 billion, with 41 codes increasing, 66 codes decreasing and 62 codes remaining unchanged.

UPCOM floor also maintained green when UPCoM-Index increased by 0.4 points, to 117.85 points, trading volume reached 11.5 million shares, equivalent to 333.7 billion VND, with 96 codes increasing, 76 codes decreasing and 79 codes remaining unchanged.

Real estate and financial groups performed differently. Some real estate pillars supported the market such as VHM, VIC, VRE and financial stocks such as VIX, SSI, TCB, VPB,ACB also performed positively.

The consumer staples group continued to increase with MSN, VNM, MCH, and SAB increasing by 1-3%. Fertilizer stocks (DPM, DCM, BFC, LAS) and plastic stocks (NTP, VNP, AAA) all increased; of which, VNP hit the ceiling. The utility group (GAS, REE, DNH, PGV, BWE) also maintained its upward momentum.

At the end of the session, total market liquidity reached about VND9,000 billion, lower than the average level of last week. Foreign investors net sold slightly less than VND200 billion, mainly in large-cap stocks.

Analysts believe that the market is in an accumulation phase after a strong correction. In the short term, the recovery of the VN-Index may continue, but cautious cash flow shows that investors still prefer to observe and wait for clearer signals before returning to disburse.

According to VNA

Source: https://baohaiphong.vn/vn-index-phuc-hoi-nhe-trong-phien-sang-11-11-thanh-khoan-thap-526320.html