Illustration photo.
Although market breadth is tilted towards sellers, cash flow still shows signs of improvement as liquidity increases on both exchanges.
At the end of the trading session on November 28, VN-Index increased by 6.67 points to 1,690.99 points, in contrast to HNX-Index which decreased by 1.52 points to 259.91 points.
Although the VN-Index increased, the number of stocks decreasing in price in the whole market was overwhelming with 417 stocks, while there were only 289 stocks increasing. In the VN30 basket, red dominated with 17 stocks decreasing, 10 stocks increasing and 3 stocks remaining unchanged.
Market liquidity increased compared to the previous session, when HOSE recorded more than 632 million shares matched, equivalent to VND 18,300 billion; HNX reached more than 61.7 million shares, worth more than VND 1,200 billion.
The afternoon session showed that selling pressure increased sharply, causing the index to narrow its increase, but the appearance of buying pressure pulled the VN-Index above the reference level and closed in green.
The Vingroup group continued to play a supporting role with VIC, VPL and VHM. Along with that, the leading food and beverage stock VNM increased by 3.23%. On the other hand, VCB,FPT , GEE and BID were the stocks that decreased the most, restraining the growth of the general index.
HNX-Index performed more negatively when affected by KSV down 9.99%, KSF down 1.08%, HUT down 3.49% and SHS down 1.87%.
In terms of sectors, real estate led the increase thanks to VIC increasing by 5%, VHM increasing by 0.39%, VRE increasing by 1.78%, NVL increasing by 2.6% and BCM increasing by 0.3%. This was followed by the consumer discretionary and energy groups. In contrast, information technology decreased sharply due to FPT decreasing by 2.41%, CMG decreasing by 0.4% and DLG decreasing by 0.37%.
Foreign investors returned to net buying more than VND310 billion on HOSE, focusing on VNM (VND241.6 billion), VIC (VND130.79 billion), VIX (VND106.19 billion) and VPB (VND99.54 billion). On HNX, this group also net bought more than VND13 billion, mainly in PVS (VND26.25 billion), SHS (VND17.37 billion), VFS (VND4.68 billion) and IDC (VND4.29 billion).
Today's trading session showed a strong tug-of-war between selling and buying forces, but the late-session recovery effort helped the VN-Index maintain its upward momentum. Cash flow tended to be more selective, focusing on pillar groups such as real estate and some large-cap stocks, while other sectors continued to differentiate. The return of foreign investors to net buying is a positive signal for market sentiment. However, the mixed movements between indices and the breadth tilted towards the selling side showed that the general trend is still cautious. Investors are advised to maintain a strategy of observing and managing risks in the short term.
Source: https://vtv.vn/vn-index-vuot-moc-1690-diem-100251128170816137.htm
Comment (0)