Market Pulse 04/03: Stable Demand, Positive VN-Index Trading

At the end of the morning session, VN-Index gained 4.13 points (+0.33%), reaching 1,262.41 points; HNX-Index rose 1.82 points (+0.77%), reaching 238.25 points. The market breadth leaned towards buyers with 446 stocks advancing and 226 stocks declining. In the VN30 basket, the green color also dominated with 17 stocks rising, 8 stocks falling, and 5 stocks remaining unchanged.

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The stock market is showing stability and a steady spread across stocks from Large Cap to Mid Cap and Small Cap. In particular, the real estate sector has made an impressive contribution to the index’s upward trend in this morning’s session. Stocks have been performing well, with VRE (+1.5%), BCM (+1.73%), DXG (+1.9%), CEO (+1.77%), KDH (+3.43%), KBC (+5.45%), DIG (+3.63%), and PDR (+2.93%) all showing strong gains. NLG also hit the ceiling with a 6.89% increase.

The plastics-chemicals sector continues to lead the market in the morning session. GVR is the top gainer with a 3.6% increase, followed by DCM and DPM with gains of 0.88% and 0.85%, respectively.

Similarly, the securities sector is mostly in the green with stocks like VND (+1.08%), VCI (+0.85%), SHS (+1.67%), HCM (+1.24%), VIX (+1.06%), MBS (+1.06%), BSI (+0.86%), and more.

Funds are also flowing into the electrical equipment sector, with notable stocks such as GEX, CAV, RAL, and others showing good growth in the morning session.

10:30 AM: A sense of uncertainty arises

As of 10:30 AM, the overall market is still hovering around the reference level. Specifically, the VN-Index is down more than 1 point, trading around 1,258 points. The HNX-Index is up more than 1 point, trading around 237 points.

In the VN30 group, banking stocks are under selling pressure, with VCB down 0.88 points, ACB down 0.85 points, TCB down 0.78 points, and MBB down 0.55 points. On the other hand, MWG, VNM, VHM, and FPT are supporting the market with a contribution of more than 1 point to the overall index.

Source: VietstockFinance

The real estate sector is showing positive growth. NLG is up by the trading limit, DXG up by 1.73%, KDH up by 1.47%, and DIG up by 1.27%. On the other hand, a few stocks are experiencing slight declines such as D2D down by 0.42%, IJC down by 0.33%, and VRE down by 0.75%.

The construction sector continues to attract investor attention, with most stocks gaining since the beginning of the session. Notable gainers include CTD up 4.41%, HUT up 3.66%, CII up 2.86%, and BCG up 2.51%.

On the flip side, the banking sector is still under heavy selling pressure, with major players in the industry such as VCB down 1.13%, BID down 1.31%, ACB down 1.08%, and CTG down 0.84%.

Compared to the market opening, buyers have overwhelmingly dominated. There are 413 gainers (11 hitting the ceiling) and 218 losers (3 hitting the floor). The total trading volume across the three exchanges reached over 487 million units, corresponding to over 11.4 trillion VND.

Source: VietstockFinance

Market opening: Positive sentiment spreads

At the opening of the session on March 4th, as of 9:30 AM, the VN-Index showed solid gains of over 4 points, reaching 1,262 points. The HNX-Index also had positive gains of nearly 2 points, reaching 238 points.

Large-cap stocks such as GVR, HPG, and PGV led the index with gains of over 2 points. On the other hand, VCB, BID, and TCB are putting pressure on the market, causing a total decrease of more than 1.8 points.

Green stocks have the upper hand in the morning session, with several stocks in the plastics-chemicals sector showing strong performance from the opening, such as GVR up 4.29%, PHR up 1.6%, and DPR up 1.14%. Other stocks like DGC, DPM, DCM, BMP, NTP, and AAA also have a slight green tinge.

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SOURCEvietstock
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