VN-Index returns to 1,200 point mark after nearly 1 year

SGGPO 07/26/2023 16:44

The market struggled for almost the entire trading session and finally the VN-Index conquered 1,200 points at the close of the session, recording the highest score in nearly a year, since September 2022.

VN-Index increased for the 4th consecutive session to conquer 1,200 points

With investors cautious as the VN-Index neared 1,200 points, the Vietnamese stock market traded in a “sleepy” state on July 26. However, in the last 15 minutes of the session, the VN-Index surpassed 1,200 points despite the red color on the board.

The market focus is still on real estate stocks as many stocks have turned to increase despite strong profit-taking pressure. Of which, DXS and SJS hit the ceiling, NVL increased by 6.17%, KDH increased by 2.49%, NLG increased by 2.55%, TCH increased by 3.13%, ITA increased by 2.12%, LGC increased by 6.57%, CRE increased by 4.34%... In addition, large-cap stocks (including: L POW increased by 2.26%, PNJ increased by 1.61%,FPT increased by 1.72%, SAB increased by 2.28%, MSN increased by 1.44%...) increased points, contributing to the VN-Index increasing for the 4th consecutive session, conquering the 1,200 point mark after nearly 1 year.

Other stock groups such as finance, banking, retail, energy... continued to differentiate. Specifically, banks had VCB up 1.85%, BID up 0.42%, SSB up 0.34%; many stocks decreased under 1% including CTG, MBB, HDB, VIB, TCB, STB,SHB ... Securities group had VIX up 2.86%, CTS up 1.63%, ORS up 1.29%, SSI up nearly 1%, VND up 2.12%; while many other stocks decreased such as HCM, FTS, BVS, TVS decreased.

At the end of the trading session, VN-Index increased by 4.94 points (0.41%) to 1,200.84 points with 213 stocks increasing, 246 stocks decreasing and 85 stocks remaining unchanged. At the end of the session on the Hanoi Stock Exchange, HNX-Index decreased slightly by 0.73 points (0.31%) to 236.2 points. Market liquidity decreased sharply with the total transaction value in the whole market reaching nearly 19,900 billion VND, down more than 2,000 billion VND compared to the previous trading session. Foreign investors continued to net buy nearly 402 billion VND on the HOSE.

Source: https://www.sggp.org.vn/vn-index-tro-lai-moc-1200-diem-sau-gan-1-nam-post699057.html