Demand for large-cap stocks gradually increased in the afternoon session of March 26, helping the VN-Index increase by more than 14 points, to 1,282.21 points, despite a sharp decrease in trading volume.
After the VN-Index made a strong correction in the first trading session of the week, the stock market entered the session on March 26 with increased caution. The market did not have many sudden changes in the morning session when the index representing the Ho Chi Minh City Stock Exchange fluctuated within a narrow range around the reference.
However, after the lunch break, the strong buying pressure helped the index gradually widen its increase before closing at the highest price of the session at 1,282.21 points. This price range increased by 14.35 points compared to the reference, thereby once again opening up the possibility of conquering the psychological mark of 1,280 points to move to a higher price range.
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The strong increase today came from 342 stocks closing above the reference, nearly 3 times the number of stocks that decreased. Green was unanimous in many stock groups, especially the banking group when all stocks increased from 0.5-3.7% or at least remained unchanged from the reference.
The VN30 basket had 26 stocks increasing, of which GVR led the increase by 6.3% to 33,900 VND. Next was VPB increasing by 3.7% to 19,600 VND, HDB increased by 2.8% to 24,200 VND, TCB increased by 2.6% to 45,950 VND. On the contrary, the large-cap group had only 2 stocks decreasing, namely MSN (down 2% to 74,000 VND) and SAB (down 0.2% to 56,900 VND).
The trading volume for the entire session reached over 941.6 million shares, down nearly 300 million shares compared to yesterday's session and the lowest level in the past 4 sessions. Of these, the matched volume reached 858 million shares and the negotiated transaction was 83.2 million shares. The total trading value today reached VND21,891 billion, down nearly VND7,400 billion compared to yesterday.
VNDirect shares led in matched volume with 81.88 million units traded, accounting for 10% of total trading volume on the Ho Chi Minh City Stock Exchange. This is the second consecutive session that this stock has decreased and recorded a sudden trading volume in the context that the company's trading system is still in the process of being repaired and reconnected after being hacked on the morning of March 24. The volume of successfully traded VNDirect shares today is worth VND1,890 billion. The volume and value of VNDirect shares traded today far exceed the following codes: NVL (49.14 million shares), VPB (37.17 million shares) and VIX (35.86 million shares).
While domestic investors disbursed strongly, foreign investors extended their net selling streak for the 11th consecutive session. Specifically, foreign investors today bought VND1,810 billion, while selling VND1,986 billion, equivalent to a net selling value of VND175 billion.
On the Hanoi Stock Exchange, the HNX-Index increased by 1.22 points to 242.03 points, while the UPCoM increased by 0.02 points to 91.11 points.
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