The market was much more active in the afternoon session of August 9, when cash flow began to get excited. HoSE trading liquidity increased by 82% compared to the morning session and the breadth was unusually large. VN-Index closed up 1,27%, close to the highest level of the day. Foreign investors recorded a net purchase of more than 478 billion VND in the afternoon session...
The market was much more active this afternoon, when cash flow began to get excited. HoSE's matched liquidity skyrocketed by 82% compared to the morning and the breadth was unusually large. VN-Index closed up 1,27%, close to the highest level of the day. Foreign investors recorded a net purchase of more than 478 billion VND in the afternoon.
In general, the price increase and liquidity increase are always the effects of active demand. In the morning, the market "limply" moved sideways within a very narrow range, but in the afternoon, the situation was completely different. The outstanding increase in the range of some stocks created great excitement when these codes had extremely impressive cash flow participating in buying.
FPT, MWG, SSI, although not the stocks with the largest market capitalization, their price movements are very inspiring. FPT had an extremely fast acceleration just a few minutes into the afternoon session.
In particular, the cash flow at FPT is very large, this afternoon alone it matched nearly 514 billion VND and the price increased by 3,26% compared to the morning session, closing up a total of 4,53% compared to the reference.
FPT is the 5th largest market capitalization stock, so it has a strong impact on the VN-Index. MWG was even more intense, with its price increasing by 3,63% with the largest transaction in the market at 846.5 billion VND, bringing the total increase for the day to 5,13% and liquidity to 1,129 billion VND.
FPT, MWG and SSI are also stocks that are supported by a lot of foreign investors. In the morning, net buying of these 3 codes was almost negligible, but at the end of the session, FPT recorded +159 billion VND, MWG +145.4 billion and SSI was 42 billion.
Statistics in the VN30 basket show that 24 stocks increased in price compared to the morning, of which 11 stocks increased by 1% or more. The VN30 index closed the morning session up 0.65%, closing up 1.73% with 18 stocks increasing by more than 1% compared to the reference.
The liquidity of the VN30 basket in the afternoon skyrocketed by 1,251 TP3T compared to the morning session, reaching 4,298 billion VND. Unfortunately, among the 4 red codes, GAS decreased by 0.121 TP3T, VHM decreased by 1.061 TP3T, VIC decreased by 1.441 TP3T, all of which are stocks in the Top 10 by market capitalization.
Expanding to the HoSE floor, the breadth changed very quickly when the buying wave in blue-chips led the score. At the end of the morning session, the breadth was quite good with 238 stocks increasing/136 stocks decreasing but closing at 329 stocks increasing/86 stocks decreasing.
This morning, this floor also had only 71 stocks increase by more than 1%, at the end of the session there were 150 stocks. Nearly 30 stocks in this group achieved liquidity exceeding 100 billion VND, showing that the buying cash flow is very impressive.
In addition to the blue-chips mentioned above, the stock group had many excellent codes such as VCI increased by 4.5%, VIX increased by 2.25%, FTS increased by 6.9%, HCM increased by 4.37%, VND increased by 3.06% and liquidity was very high.
Small stocks of course also benefited greatly from this exciting trading situation. SMC and FTS hit the ceiling. BSI, APG, BFC, VTP, SGR, AGR, DGW, CMG, CTR, and VGC, despite low liquidity, all increased in price above 4%.
The group of abandoned stocks today does not have many notable codes except for VHM and VIC. In the 86 red stocks, most of them are codes with very little liquidity. HVN decreased by 4,51% trading 149.5 billion VND, HNG decreased by 2,86% with 13.7 billion, HAG decreased by 2,79% with 128.5 billion, NHA decreased by 1,49% with 30.1 billion, DLG decreased by 2,38% with 11.1 billion is the only significant group.
The strong increase at the end of the week helped VN-Index surpass the 1220 point threshold, reaching 1223.64 points. Thus, this index has recovered to the price level of last July.
Source: VnEconomy
