VN-Index maintained its upward momentum for 4 consecutive sessions, closing today's session (August 21) at 1,284 points. The consensus of large-cap groups and the positive contribution of banking stocks supported the index against short-term profit-taking pressure. The market recorded a new breakthrough.
The market recorded a clear breakthrough after lunch break.
After a morning session of struggling around the reference, the market recorded a clear breakthrough after the lunch break with the consensus of the large-cap group. The struggling situation ended when banking stocks returned to the leading role. Cash flow also flowed strongly into this group, with CTG achieving the highest liquidity on the entire floor, reaching more than VND928 billion.
The pillars of the Big4 group (state-owned banks) including VCB, BID, CTG... contributed the main part to the increase. VCB contributed 2.7 points, closing up 2.2% to 92,800 VND/share. Green covered the entire industry, only VIB decreased slightly by 0.2%.
Tomorrow (August 22) is the ex-dividend date of VIB to pay bonus shares to shareholders at the rate of 17%. VIB will issue nearly 431.3 million additional bonus shares, with a total value of VND4,312.6 billion. After the above issuance, VIB's charter capital is expected to reach VND29,681 billion.
VN30 group increased strongly
The VN30 group also had 23/30 stocks increasing in price, the strongest increase also belonged to banking codes such as BID, CTG, VCB, MBB...
Meanwhile, real estate stocks have cooled down significantly after yesterday’s strong increase. This group has diversified again, with some stocks maintaining an increase of only 1-2% such as PDR, CII, SCR…
The general market was also in a state of differentiation, with 174 stocks falling in price. The increase of VN-Index mainly depended on a few large stocks, industries such as petroleum, technology... recorded high consensus. Petroleum stocks such as OIL, PET, PVC, POW, BSR... also increased in price.
Notably, the Ho Chi Minh City Stock Exchange (HoSE) announced that it had received an application to list 3.1 billion BSR shares on HoSE from Binh Son Refining and Petrochemical Joint Stock Company.
During the period from 2020 to 2023, BSR cannot list its shares on HoSE because it does not meet the criteria for overdue debts related to its subsidiary, Central Petroleum Biofuel Joint Stock Company.
At the end of the trading session, VN-Index increased by 11.5 points (0.9%) to 1,284.05 points. HNX-Index increased by 1.11 points (0.47%) to 238.42 points. UPCoM-Index increased by 0.38 points (0.4%) to 94.48 points. Liquidity was equivalent to the previous session with a matched value of nearly VND 17,900 billion. Foreign investors net sold more than VND 325 billion, focusing on HPG, MWG, MSN, TCB.
Source: CafeF
