VN-Index continues to increase, liquidity returns to the billion USD mark

VN-Index continues to increase despite profit-taking pressure. Flexible cash flow between industry groups continues to maintain the market's upward momentum.

VN-Index continued to increase, despite profit-taking pressure on December 4.

At the end of the session on December 4, VN-Index increased by 5.37 points to 1,737.24 points. Trading volume reached more than 894.1 million shares, equivalent to more than VND 26,537.3 billion. The entire floor had 217 stocks increasing in price, 91 stocks decreasing in price and 65 stocks remaining unchanged.

HNX-Index increased by 2.64 points to 262.31 points. Trading volume reached more than 77.9 million shares, equivalent to more than 1,685.4 billion VND. The entire floor had 86 stocks increasing in price, 59 stocks decreasing in price and 56 stocks remaining unchanged.

UPCOM-Index increased by 0.78 points to 120.94 points. Trading volume reached over 37.2 million shares, equivalent to over VND683.7 billion. The entire floor had 178 stocks increasing in price, 65 stocks decreasing in price and 84 stocks remaining unchanged.

Cash flow is strong in the real estate group, especially in mid-cap stocks such as: DXG increased by 3.23%, PDR increased by 2.03%, CEO increased by 1.5%, DIG increased by 2.97%, VPI increased by 3.64%, TAL increased by 4.7%. Although the " Vingroup " group of stocks is under pressure to adjust (VHM decreased by 1.5%, VIC decreased by 0.89%, VRE decreased by 0.29%), the rebound of the satellite group has kept the market warm.

Cash flow is strong into the real estate group.

The securities group continued to prosper thanks to expectations of a strong increase in system liquidity: VIX increased by 3.09%, SHS increased by 2.8%, MBS increased by 1.7%. Leading codes in the securities group such as SSI increased by 1.39%, HCM increased by 1.32%, VCI increased by 1.15% all maintained green.

In the banking group, MBB was the focus when it increased 4.68% to 25,700 VND, with more than 80 million shares matched - the highest in the market. Followed by HDB increasing 2.17%, LPB increasing 1.9%, with STB, TCB, TPB,ACB ... all increasing over 1%.

Trading value on HOSE reached over VND26,537 billion, with the VN30 basket alone contributing over VND15,000 billion. Active buying power dominated with VND15,673 billion poured into stocks that increased in price, 3 times the selling volume.

On the downside, some large stocks were strongly profit-taking, hindering the general uptrend such as: VJC down 3.74%, VNM down 1.86%, SAB down 1.93%, DGW down 1.57%, PNJ down 1.2%.

Foreign investors continued to net buy for the third consecutive session with a value of more than 1,000 billion VND. Strongly bought codes: MBB (1,001 billion VND), HPG (160.86 billion VND), VIC (125.99 billion VND), TCB (94.94 billion VND)

Analysts say that cash flow does not leave the market but only rotates between major industry groups (banking - securities - real estate - steel), reflecting the healthy movement of a sustainable uptrend.

The VN-Index closing at the highest level of the day with large liquidity shows that buyers continue to hold the initiative. In the coming sessions, the index is forecast to test the resistance zone of 1,750 points.

PV (synthesis)

Source: https://baohaiphong.vn/vn-index-tiep-tuc-tang-diem-thanh-khoan-tro-lai-moc-ty-usd-528636.html