VN-Index increased by more than 15.5 points, industrial park group broke out thanks to Trump effect

VN-Index increased the most since the session of September 18. A series of industrial park stocks broke out strongly right after the election results gradually revealed Mr. Trump's victory in the race for the US presidency.

VN-Index increased by more than 15.5 points, industrial park group broke out thanks to Trump effect

VN-Index increased the most since the session of September 18. A series of industrial park stocks broke out strongly right after the election results gradually revealed Mr. Trump's victory in the race for the US presidency.

Liquidity in the stock market has been low for many days as investors continue to be cautious and wait for developments in the US presidential election. However, in the session of November 6, trading was positive as many stock groups increased in price right from the opening. Vietnamese stock investors closely followed the results of the US presidential election in the states. Mr. Trump's early dominance immediately had a positive impact on the sentiment of domestic stock investors.

The indices remained green throughout the entire trading session, with an explosion in industrial park stocks. Industrial parks are a sector that is believed to benefit from Mr. Trump's presidency. Many experts believe that Mr. Trump's presidency will strengthen the trend of FDI leaving China and Vietnam will be a potential destination for this capital flow.

The rally intensified in the afternoon session as data showed that Mr. Trump had won more than the minimum number of electoral votes to become the 47th President of the United States. Industrial park stocks extended their gains, with KBC, SIP, SZC and VGC all being pulled to their ceiling prices. TIP rose 5.8%, LHG rose 5.2% and GVR rose 5.14%. With a very strong rally, GVR was the stock that had the most positive impact on the VN-Index, contributing 1.59 points.

Not only the industrial park group, but also the export stocks such as textiles, fertilizers, chemicals, etc. also had very positive fluctuations in today's session. In the textile group, GIL increased by 3.36%, VGT increased by 2.94%, TNG increased by 2.4%... The textile industry is considered to be positively affected when Mr. Trump becomes President because this industry is labor-intensive and difficult to replace by domestic US. However, STK surprised everyone when it went against the market and industry trends when it decreased by 0.4%.

The group of securities stocks also recorded positive results following the general market, in which MBS increased by 3.9%, AGR increased by 3.7%, VDS increased by 3.3%, VCI increased by 2.5%... Meanwhile, the group of real estate stocks recorded "weak" cash flow in today's session, in which, although many codes had green, the increase was not too strong. NLG increased by 1.14%, NVL increased by 0.97%, DXG increased by 0.9%, NTL increased by 0.51%. DIG even closed the session in red with a decrease of 0.24%.

In the VN30 group, MWG was the only stock that did not increase in price today, maintaining the reference level of VND65,600/share, while all 29 remaining stocks increased. Besides GVR, the stocks that had the next positive impact on the VN-Index were CTG (1.1 points), BID (0.89 points), TCB (0.77 points)...

On the other hand, HVN decreased by 1.1% and was the code with the most negative impact on the VN-Index, taking away 0.13 points from the index. KDC, DHG, VFG… were also on the list of stocks that negatively impacted the VN-Index.

Top 10 stocks with the strongest impact on VN-Index on November 6.

At the end of the trading session, VN-Index increased by 15.52 points (1.25%) to 1,261.28 points. The entire floor had 312 stocks increasing, 61 stocks decreasing and 56 stocks remaining unchanged. HNX-Index increased by 2.9 points (1.29%) to 227.76 points. The entire floor had 115 stocks increasing, 36 stocks decreasing and 61 stocks remaining unchanged. UPCoM-Index also increased by 0.81 points (0.88%) to 92.71 points.

Total trading volume on HoSE alone reached 557 million shares, worth 14,185, up 30% compared to the previous session. Trading value on HNX and UPCoM reached VND987 billion and VND579 billion, respectively.

Foreign investors have maintained net selling momentum since October 11.

Foreign investors maintained a net selling position with 383 billion VND on HoSE. Of which, VHM continued to be net sold strongly with 150 billion VND. MSN and SSI were net sold respectively 135 billion VND and 67 billion VND. On the other hand, foreign investors net bought the most HPG code with 43 billion VND, TCB was also net bought 37 billion VND. Foreign investors on HNX also net sold 74 billion VND and focused on selling IDC with 68 billion VND.

Recent information from the Vietnam Securities Depository and Clearing Corporation (VSDC) shows that the total number of securities accounts of domestic and foreign investors at the end of October 2024 exceeded 9 million. The above figure is equivalent to 9.05% of Vietnam's population. The number of net domestic individual investor accounts opened reached 156,568 accounts in October 2024. This is the second consecutive month of decline and also the lowest level in the past 4 months. In the first 10 months of 2024, domestic individuals opened more than 1.7 million new securities accounts.

Meanwhile, foreign investors opened 230 new securities accounts in October 2024, 28 more than the previous month. Of which, foreign individual investors opened 202 new accounts. Foreign institutional investors opened 28 new accounts. After the first 10 months of 2024, foreign investors opened a total of 2,052 new accounts.

Source: https://baodautu.vn/vn-index-tang-hon-155-diem-nhom-khu-cong-nghiep-but-pha-nho-hieu-ung-trump-d229345.html