Stocks rallied again
Ending the session, VN-Index gained 23.94 points, thereby closing the session at 1,293.56 points. This means that the market has recovered nearly 60 points from the lowest drop this morning. HNX-Index also recovered strongly thanks to an increase of 6.63 points (2.05%) to 330 points. UPCoM-Index recorded a strong increase of 2.65% to over 99 points.
The whole floor had 584 stocks of increasing price, 389 stocks of decreasing and 143 trading codes at reference. However, the liquidity in the market has not improved when the total trading value on all exchanges is only 19,900 billion dong. In which, the matched value on HOSE was 16,097 billion dong, down more than 5% compared to the sell-off session at the beginning of the week.
Large-cap stocks were the main driving force for the market’s reversal. Basket VN30 from red turned to increase 31.42 points (2.39%) with 28/30 stocks increasing.
The biggest contributor was Vietcombank’s VCB shares with an increase of 2.7% to 80,000 VND. Besides, there were a number of other banking codes such as BID up 3.9% to 35,800 dong, VPB up 4.7% to 33,300 dong, HDB up 4.6% to 24,050 dong, TPB breaking out 5.4% to 24,050 dong. 33,300 VND…
Some other pillar codes also made important contributions to the index such as Vinhomes’s VHM, which had an impressive reversal from a drop of 4.4% at VND65,000 to VND69,900, up 2.8% compared to the target. mat. PV Gas’ GAS stock also gained 8,000 dong from the low to climb to the daily high at 108,000 dong.
In addition, energy stocks such as oil and gas and power generation also made impressive gains. In which PVC, PVS, PVD of oil and gas group hit the limit and BCG, TTA or REE of power generation also gained purple color…
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