There has been a positive shift in money flow, with values up from yesterday’s session, reaching over 8 trillion VND in just over an hour and a half this morning.
The chemicals and fertilizers group continues its positive start to the session. Insurance follows suit with green across the group. BVH, PVI, VNR, MIG, BIC, and BMI are all performing well.
On the other hand, the information technology group is lagging. Most stocks in this sector are in the red. FPT is down over 2 points, while CTR, CMG, and FOX are slightly lower.
Foreign investors continue to sell, focusing heavily on FPT. By 10:40 am, net selling of this technology stock had reached nearly 300 billion VND.
Open: Chemical and Fertilizer Stocks Continue to Shine
On July 09, the market opened in the green for both the VN-Index and the HNX-Index. At 9:20 am, the HOSE index was up nearly 4 points, while the HNX index had gained over 1.3 points.
 Chemical and fertilizer stocks surge. Source: VietstockFinance
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Building on yesterday’s gains, rubber and chemical stocks surged in the first few minutes of trading. GVR led the market with a 5% increase.
CSV continued its upward momentum, having already risen for four consecutive sessions. DDV also climbed nearly 7%.
Fertilizer stocks shone with a string of ceiling-hitting performances from BFC, LAS, DBH, and SFG. DCM is up 2.6%.
Investing in a volatile market: Should beginners consider putting money into high-yield bonds for 10-30% yearly profit?
Short-term stock market trading has proven to be a risky venture for many investors, leading to substantial losses. However, there are a few select open funds that have managed to achieve impressive returns, reaching up to 30%.
Choose stocks for “Tet” festival celebrations
Investors should consider choosing stocks in the banking industry with good profitability, healthy real estate, and abundant clean land reserves. In addition, the group of stocks in infrastructure investment, iron and steel, and construction materials should also be considered.
