VN-Index increased by 27 points

VTV.vn - After the fluctuations in the morning session, the Vietnamese stock market recovered strongly in the afternoon session of October 21.

Positive developments focused on large-cap stocks

After yesterday afternoon’s record drop, the domestic stock market opened in the green this morning due to increased demand at low prices. However, towards the end of the session, the main index struggled around the reference area and reversed at the close.

The VN30 basket this morning had a significant recovery with 17 green codes, the increase range was expanded in the range of 1-5%. VJC, VNM,FPT are the prominent names.

The retail industry also recorded good performance with an industry-wide increase of more than 1%. FRT of this industry alone increased impressively by more than 3%.

Real estate continues to be subject to strong corrections. NVL continues to hit the floor, creating pressure for other stocks in the industry such as PDR, DIG, DXG.

Contributing to the reduction of the main index this morning were VHM, LPB HVN. On the contrary, MSN and TCB were the two stocks that gained the most points.

The securities sector also fell sharply. VND briefly swept the floor during the session and ended the session down more than 6%.

Foreign investors returned to net buying this morning after a strong correction yesterday. The total net buying value reached about 1,693 billion VND. SSI was the most bought stock in the session.

Large-cap stocks recovered strongly, VN-Index increased 27 points in the session on October 21

After the fluctuations in the morning session, the Vietnamese stock market recovered strongly in the afternoon session of October 21. This helped the VN-Index close the session up 27 points to 1,663.43 points, with a trading volume of more than 1.58 billion shares, equivalent to nearly 48,000 billion VND. The entire HOSE floor recorded 213 stocks increasing in price, 133 stocks decreasing and 31 stocks remaining unchanged.

HNX-Index increased by 1.63 points to 264.65 points, with more than 163.7 million shares traded, equivalent to more than VND3,676 billion; the floor had 91 stocks increasing, 76 stocks decreasing and 38 stocks remaining unchanged. Meanwhile, UPCoM-Index decreased slightly by 0.85 points to 109.46 points, with 107 stocks increasing, 154 stocks decreasing and 72 stocks remaining unchanged on a total volume of more than 47.4 million shares, equivalent to a trading value of more than VND670 billion.

Positive developments were concentrated in large-cap stocks. The VN30 basket had 26 stocks increasing in price and 4 stocks decreasing, of which FPT and HDB increased to the ceiling. Pillar stocks such as VIC increased by more than 4%, VHM also contributed positively, pushing the VN30-Index up by more than 45 points.

In addition, FRT shares jumped sharply and hit the ceiling at the end of the session, BMP and GEE also hit the ceiling, helping the information technology and electrical equipment group become the main driving force for the recovery. The insurance group also recorded a broad increase with BVH and MIG up 4%, BIC, VNR , PTI, PGI up 1-2%.

Foreign cash flow was activated when the market adjusted, foreign investors returned to net buying more than 2,400 billion VND, focusing on FPT and SSI, along with a number of other codes with net buying of over hundreds of billions of VND.

The session on October 21 showed strong support from large-cap stocks helping the VN-Index recover, while foreign cash flow became an important driving force, creating expectations for positive developments in the coming sessions.

Source: https://vtv.vn/vn-index-tang-27-diem-10025102117575358.htm