VN-Index surpasses 1,340 points, Vingroup stocks contribute greatly

After a remarkable increase in both points and liquidity yesterday, the Vietnamese stock market continued to trade sideways in the trading session on May 28 but still maintained an upward trend. Profit-taking pressure after a series of strong increases in the previous days caused the index to retreat close to the reference level at times. However, cash flow still circulated well to other stocks, thereby helping the indexes maintain green.

Similarly, in the afternoon session, selling pressure increased somewhat, causing the indices to fluctuate. Thanks to the support of some pillar stocks, the indices all closed in the green, although the increase was not large. In general, the differentiation between industry groups and the not-so-strong increase also showed that cautious sentiment still prevailed. In addition, foreign investors' net selling created certain pressure on the market.

At the end of the trading session, VN-Index increased by 2.06 points (0.15%) to 1,342.87 points. HNX-Index increased by 1.77 points (0.8%) to 223.56 points. UPCoM-Index increased by 0.45 points (0.46%) to 98.59 points. The market was strongly divided with 388 stocks increasing but also 360 stocks decreasing. The whole market recorded 29 stocks hitting the ceiling and 12 stocks hitting the floor.

Vingroup shares contributed the most points to the VN-Index.

Red is more dominant in the group of large-cap stocks. In the VN30 group, there are 15 stocks that decreased while only 10 stocks increased. Codes such as MBB, FPT , STB, VPB or LPB are all in red and put a lot of pressure on the general market. MBB decreased by 0.61% and took away 0.21 points from the VN-Index. FPT decreased by 0.5% and also took away 0.21 points from this index.

In addition, stocks like GEE and HVN also had a rather negative trading session, becoming the two stocks that had the most negative impact on the VN-Index. GEE fell by 5.45% and took away 0.51 points from the VN-Index, at one point GEE was pulled down to the floor price. Meanwhile, Vietnam Airlines (HVN) shares also fell by 1.5% in today's session.

Some small and mid-cap stocks were under strong correction pressure at the end of the session today. Typically, HAH had a time when it increased to almost the ceiling price but closed the session down sharply by 4.6%. Other seaport and shipping codes such as VSC, VIP, PHP... were also in the red.

On the other hand, the "Vin" group of stocks returned to be a good support for the general market. VRE increased by 5.53% today. In addition, VIC increased by 2.65% and VHM increased by 1.88%. VIC contributed the most positively to the VN-Index with 2.21 points. VHM and VRE contributed 1.33 points and 0.74 points respectively. VPL also contributed 0.33 points when it increased by 0.92%. The group of oil and gas stocks also had a positive session. In which, PVS increased by 6.62%, PVB increased by 4.74%, PVC increased by 4.3%, BSR increased by 2.8%...

Foreign investors net sold for 4 consecutive sessions

The total trading volume on HoSE today reached over 964 million shares, equivalent to a trading value of VND22,420 billion, down 10.4% compared to the previous session. However, matched transactions alone increased by 11.5%, reaching approximately VND20,880 billion. The trading value on HNX and UPCoM reached VND1,631 billion (down 20.4%) and VND943 billion (down 54%), respectively.

Foreign investors still maintained their net selling status but the value decreased compared to the previous session and was about 198 billion VND on HoSE. Of which, VCI was net sold 101 billion VND. VNM and VCB were net sold 82 billion VND and 62 billion VND respectively. In the opposite direction, VHM was the strongest net bought with 112 billion VND, DXG, NLG and MWG were all net bought over 700 billion VND.

Source: https://baodautu.vn/vn-index-vuot-moc-1340-diem-loat-co-phieu-nha-vingroup-dong-gop-lon-d292285.html