The blue-chip group continued to take the lead in driving the strong market growth this morning. VN-Index closed at its highest point, up 1.18%, while VN30-Index gained 0.93%. The number of stocks that gained in value is 3.5 times higher than the number that declined. In particular, liquidity matched orders on the two exchanges reached their highest level in eight sessions.
The active buying force was clearly visible: Statistics show that approximately 52% of stocks with transactions on the HoSE floor this morning are currently anchored at their highest price of the session or have only declined 1-2 steps from their peak. The width of the VN-Index has also reached 337 stocks increasing/95 decreasing. Such amplitude and price fluctuation direction reflect that the buying force has completely overwhelmed the selling force.
The total value of orders matched on HoSE and HNX this morning also increased by 49% compared to the previous session, reaching approximately VND 9,388 billion, the highest level in eight sessions. The HoSE floor matched over VND 8,332 billion, up 43%. There are currently 30 stocks on that floor that matched transactions exceeding VND 100 billion. Only VRE decreased by 1.07%, HDB by 1.84%, while the rest gained. Up to 25/30 stocks increased by more than 1%.
The strong increase in price amplitude and high liquidity are still concentrated in the groups of stocks, real estate: FTS increased by 6.79%, transactions of VND 120.1 billion; TCH increased by 6.77%, matches of VND 247.6 billion; HCM increased by 5.67%, matches of VND 221.1 billion; HAG increased by 4.82% with VND 158.2 billion; VCI increased by 4.39% with VND 158.5 billion; VIX increased by 4.17% with VND 331.2 billion; DIG increased by 3.91% with VND 324.5 billion…
In the 337 stocks that increased in value in the VN-Index, up to 182 stocks increased by more than 1% with a liquidity concentration level of nearly 79% of the floor. These statistics are consistent with other signals of the active buying force dominating the entire market.
Currently, the stock group in the VN30 basket is still the driving force leading the entire market. GVR increased by 5.61%, BID increased by 1.83%, CTG increased by 1.54%, HPG increased by 1.57%, JVC increased by 4.25%… are the stocks leading the points for VN-Index. This basket closed the morning session with 25 stocks increasing/4 decreasing, and the representative index increased by 0.93%.
However, the increase amplitude of medium- and small-cap stocks was the strongest. Midcap is increasing by 1.67%, Smallcap is increasing by 1.46%, both outperforming other indices. It is not surprising because when the market heats up, speculative stocks always accelerate faster, especially stocks with medium to low liquidity. For example, the HoSE floor has 28 stocks increasing from 4% to the ceiling price, while liquidity is mostly low.
The group that goes against the trend is not only small in number but also has no significant liquidity. 95 stocks are currently in the red but trading is light, mostly stocks that do not impact much. Besides HDB, VRE is notable, VIC, VHM are also red but at a low level. Also, 12 stocks in the 95 in the red have liquidity of more than VND 10 billion.
VN-Index gained 14.45 points this morning, surpassing the 20-session average – often considered an important technical signal. In fact, VN30-Index has broken away from this signal line and is on track to return to its old peak in late March. In terms of closing price, VN30-Index is only less than 3% away from its old peak.
