Domestic stocks closed the last trading week with 4/5 sessions increasing points.
The last session of the week (August 23) recorded cautious cash flow due to the psychological impact from major markets, as well as the fact that VN-Index is heading towards the old peak.
The tug-of-war situation continues to keep the market cautious as global investors await the speech of the Chairman of the US Federal Reserve (Fed). Many expectations are set for the Fed to start cutting interest rates in September.
Domestically, after continuous fluctuations, VN-Index closed slightly higher when the real estate and steel groups "rose together" at the end of the session. The main index ended the week at 1,285 points. Although HoSE recorded red dominating with 212 stocks losing points, VN-Index still closed at the session's highest point when the large-cap group recovered. During the week, the market increased points in 4/5 sessions.
VN30 codes also closed at high prices.
At the end of the session, many VN30 codes also closed at the highest price of the session such as: BVH, GVR, HPG, CTG... In which, GVR was the code that contributed most positively to the market. The real estate and steel groups made a strong comeback, creating a significant boost for the VN-Index when a series of real estate stocks such as NVL, DIG, DXG, PDR, TCH... increased in price and were also the codes with the leading liquidity in the industry.
Steel stocks were covered in green at HPG, HSG, NKG, VGD, TVN, TLH... In previous sessions, these codes were under pressure to adjust recent steel price movements, as well as being investigated for anti-dumping in a series of markets such as the EU and India.
The securities group also regained its "form", although the increase was not large, the increase covered a wide area. More than 20 stocks increased in price, SSI led the liquidity of the entire floor.
End of trading session
At the end of the trading session, VN-Index increased by 2.54 points (0.2%) to 1,285.32 points, HNX-Index increased by 1.6 points (0.67%) to 240.07 points. UPCoM-Index decreased by 0.08 points (0.08%) to 94.41 points. Liquidity was equivalent to the previous session with HoSE matching value of more than 14,200 billion VND.
Foreign investors net sold for the third consecutive session, worth more than 106 billion VND, focusing on HPG, VHM, PVI...
The Ho Chi Minh City Stock Exchange (HoSE) has just updated the list of securities that are not eligible for margin trading. The list adds two more codes: ABS of Binh Thuan Agricultural Services Joint Stock Company and RAL of Rang Dong Light Bulb and Vacuum Flask Joint Stock Company.
Accordingly, the list of stocks with margin cuts on HoSE increased to 86. Both of the above enterprises were late in announcing the audited semi-annual financial statements for 2024 by more than 5 working days as prescribed.
Source: CafeF
