VN-Index increased for the fourth consecutive session, foreign investors returned to net buying

VN-Index increased for the fourth consecutive session, foreign investors returned to net buying

VN-Index increased 2.4 points in the session on August 30, although market liquidity fell to the lowest level in the past half month, foreign investors broke the net selling streak of 7 consecutive sessions.

The index representing the Ho Chi Minh City Stock Exchange opened the last trading session of August in green and maintained this state throughout the session.

In the minutes before closing, the index reversed below the reference. However, this development only lasted for a moment when the demand for disbursement at low prices immediately appeared to pull the index up. VN-Index closed today's trading session at 1,283.87 points, up 2.4 points compared to the reference.

Market breadth was tilted towards the upside with 202 stocks closing in the green, while the number of stocks declining was only 180. The large-cap basket was similar with 17 stocks increasing and 8 stocks falling below the reference.

Half of the list of stocks with the most positive impact on the VN-Index are banking stocks. Specifically, TCB led the way with a 1.52% increase to VND23,350, VCB increased by 0.22% to VND91,700, HDB increased by 1.28% to VND27,700,ACB increased by 0.61% to VND24,800 and EIB increased by 1.64% to VND18,550.

The aviation group also became the driving force for the market when most stocks closed in the green. Specifically, HVN increased 3.3% to 22,100 VND, SAS increased 1.3% to 30,700 VND and VJC increased 0.6% to 105,300 VND. Only SGN reversed the trend when it decreased 0.9% to 81,500 VND.

Fertilizer stocks joined the excitement as stocks increased by 0.3-2.2%. DGC increased by 2.2% to VND113,700, BFC increased by 0.7% to VND44,350 and DPM increased by 0.3% to VND34,850.

On the other hand, BID was the main factor holding back the market's growth when it fell 0.81% to VND48,900 and led the list of stocks with the most negative impact on the VN-Index. Next were HPG down 0.39% to VND25,500, MSN down 0.52% to VND76,500, DIG down 2.73% to VND23,200 and VCF down 5.35% to VND267,000.

Steel group traded less excitedly when, similar to HPG, most codes also closed below the reference. Specifically, NKG decreased 1.4% to 21,800 VND and TLH decreased 1.3% to 5,900 VND.

Trading volume at the end of the week reached over 571 million shares, down 63 million units compared to the previous session. Trading value decreased by VND507 billion, down to VND13,522 billion. This was the session with the lowest liquidity value in the past half month and the 7th session below VND20,000 billion.

DIG ranked first in terms of matched value with over VND744 billion (equivalent to 32.3 million shares). This figure far exceeded the value of the two following codes, VIX by over VND494 billion (equivalent to 41 million shares) and VHM by VND468 billion (equivalent to 11.3 million shares).

Today, foreign investors were net buyers in terms of value, but net sellers in terms of volume. Specifically, this group disbursed more than VND1,563 billion to buy about 45.2 million shares while selling nearly 50 million shares, equivalent to VND1,501 billion. The net buying value accordingly reached VND62 billion, thereby breaking the streak of 7 consecutive sessions of net selling in terms of value.

Foreign investors actively disbursed intoFPT with a net purchase value of up to 188 billion VND, followed by MWG with approximately 63 billion VND. On the contrary, foreign investors aggressively sold HPG shares with a net value of more than 206 billion VND. Next were VPB with 88.7 billion VND, VCI with more than 55.8 billion VND and VRE with more than 48.6 billion VND.

Source: https://baodautu.vn/vn-index-tang-phien-thu-tu-lien-tiep-khoi-ngoai-tro-lai-mua-rong-d223761.html