The trading session (August 16) recorded a strong return of domestic cash flow, in which more than VND 23,000 billion poured into HoSE, more than twice as high as the previous session.
Domestic stocks recorded positive signals right from the beginning of the session, in the context of major markets in the region and the world also improving after positive economic data from the US.
On August 15, the Dow Jones index (USA) increased by more than 500 points after the market shook off fears of an economic recession. A report from the US Department of Commerce showed that retail sales in July increased by 11.3%, far exceeding the 0.31% increase forecast by many experts. The US labor market also showed more positive signs. The number of applications for unemployment benefits decreased.
The domestic market is not outside the general positive trend, liquidity increased from the beginning of the session, maintaining its performance throughout the transaction. More than VND 23,000 billion poured into HoSE today, more than twice as high as the previous session. Cash flow triggered stocks to increase in price across the board. The increase was even more explosive in the afternoon session, when many large stocks widened their increase range. Market sentiment became increasingly excited.
Real estate and securities groups strongly attracted cash flow, recording an overwhelming number of stocks hitting the ceiling. Real estate codes such as DIG, HPX, DXS, HDG, DXG, PDR, KBC, LDG, NVL … all increased to the maximum amplitude.
Securities stocks often react sensitively to market fluctuations. During the upbeat market session, this group recorded a series of stocks hitting the ceiling, such as VDS, BDI, FTS, AGR, CTS, VIX…
The capitalization group is currently in high consensus, with 29/30 VN30 stocks increasing in price. Only VNM is at the reference level. MWG strongly attracts cash flow with the highest liquidity on the whole floor, more than 1,260 billion VND. Other large codes such as HPG, SSI, FPT... are in the top of high liquidity.
Most industry groups supported the market's rise, with green covering more than 400 stocks on HoSE.
At the end of the trading session, VN-Index increased by 28.67 points (2,34%) to 1,252.23 points. HNX-Index increased by 6.61 points (2,89%) to 235.15 points. UPCoM-Index increased by 1.26 points (1,37%) to 93.44 points.
Liquidity skyrocketed, with HoSE matching value doubling yesterday, more than VND21,500 billion. In the upbeat market session, foreign investors returned to net selling nearly VND87 billion. Foreign investors focused on selling VHM, HPG, TCB, HSG, VPB...
Source: CafeF
