Market Pulse 04/03: The emergence of indecision

As of 10:30 am, the general indices are still fluctuating around the reference point. Specifically, the VN-Index has dropped slightly over 1 point, trading around 1,258 points. The HNX-Index has increased by more than 1 point, trading around 237 points.

0
163

In the VN30 group, bank stocks are under selling pressure including 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 general index.

Source: VietstockFinance

The real estate sector is showing positive performance. Specifically, NLG increased the daily limit, DXG increased by 1.73%, KDH increased by 1.47%, and DIG increased by 1.27%… On the contrary, only a few stocks recorded slight declines such as D2D down 0.42%, IJC down 0.33%, and VRE down 0.75%.

The construction industry continues to attract investors’ attention with most stocks gaining since the beginning of the session. Prominent stocks include CTD up 4.41%, HUT up 3.66%, CII up 2.86%, and BCG up 2.51%….

On the other hand, the banking sector is still under strong selling pressure with some major players in the industry such as VCB down 1.13%, BID down 1.31%, ACB down 1.08%, CTG down 0.84%…

Compared to the beginning of the session, buyers are dominating. The number of advancing stocks is 413 (11 hitting the upper limit) and the number of declining stocks is 218 (3 hitting the lower limit). The total trading volume on all 3 exchanges reached over 487 million units, equivalent to over 11.4 trillion Vietnamese dong.

Source: VietstockFinance

Market Opening: Positive sentiment spreads

At the beginning of March 04, by 09:30, VN-Index increased well with over 4 points, reaching 1,262 points. HNX-Index also had positive growth of nearly 2 points, reaching 238 points.

Large-cap stocks like GVR, HPG, and PGV led the index with an increase of more than 2 points. On the contrary, VCB, BID, and TCB are weighing on the market with a total pullback of more than 1.8 points.

Green dominates the morning session, with some plastic-chemical manufacturing stocks showing strong performance from the start of the session, such as GVR up 4.29%, PHR up 1.6%, and DPR up 1.14%. The remaining stocks such as DGC, DPM, DCM, BMP, NTP, AAA also have a slight green hue.

Lý Hỏa