Liquidity in the morning session decreased compared to the strong increase of the previous weekend. The trading volume of VN-Index reached nearly 328 million units, equivalent to a value of nearly 8 trillion VND. The HNX-Index recorded a trading volume of nearly 27 million units, with a value of nearly 575 billion VND.
Source: VietstockFinance
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In terms of impact, GAS, VCB, and VNM are the main contributors to the VN-Index, helping the index increase by about 3 points. On the other hand, FPT, SSB, and KDC did not perform well in the morning session, negatively affecting the index, but the impact was not significant.
The green color still dominates most industry groups. The telecommunications services group temporarily leads with a 2.28% increase, mainly contributed by VGI (+2.7%), FOX (+2.15%), and CTR (+0.63%). The energy group also traded quite actively in the morning session, rising nearly 2%. Most stocks are in a positive uptrend, typically BSR (+2.1%), PVS (+1.77%), PVD (+1.1%), and PVC (+1.5%).
On the contrary, information technology is the only industry that declined in the morning session, but the decline was not significant, mainly affected by the “big brother” FPT, which fell slightly by 0.23%.
Foreign investors were a negative factor, with net selling of more than 202 billion VND on the three exchanges. The largest net selling volume was spread out quite evenly among TCB, VHM, HSG, CSV, and FPT (from about 20 to over 30 billion VND). On the other hand, VNM is still favored by foreign investors, with net buying of more than 60 billion VND.
10:45 am: Buyers continue to dominate
The main indices maintained a positive green color as market liquidity continued to recover in the morning session. As of 10:40 am, the VN-Index increased by more than 7 points, trading around 1,260 points. The HNX-Index increased by more than 1 point, trading around 236 points.
Stocks in the VN30 group had a relatively balanced breadth, but the green color had a more positive impact. Specifically, BID, VCB, HPG, and VNM contributed 0.97 points, 0.81 points, 0.71 points, and 0.62 points to the VN30-Index, respectively. Meanwhile, VCF, CTG, VRE, and KDC are still under selling pressure, but the decline was not significant.
Source: VietstockFinance
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Financial and real estate stocks remained the two main groups supporting the recovery of the overall index. However, the breadth of the financial group is currently quite strong, and the increase is quite modest, such as VIX up 0.42%, VPB up 0.27%, EIB up 0.27%, STB up 0.51%… On the other hand, SSI fell 0.31%, TPB fell 0.29%, MBB fell 0.42%, SSB fell 0.23%… covered in red, but the decline was not significant.
In addition, the real estate group also had a similar performance, with a slight breadth divergence. Among them, the green color is present in some codes such as PDR up 2.93%, DIG up 1.05%, DXG up 4.26%, NVL up 1.26%… On the contrary, VRE fell 0.27%, HDG fell 0.18%, KDH fell 0.4%, SIP fell 0.14%… and it can be seen that the buying side still has the upper hand compared to the selling side in this industry.
Moreover, the non-essential consumer group also recorded a decent increase of 0.82%. The focus of this group revolves around two stocks, PNJ and HAX, which turned purple right from the start of the session. From a technical perspective, during the morning session of August 19, 2024, PNJ stock witnessed a strong upward momentum, forming a Rising Window candlestick pattern accompanied by a breakthrough trading volume that surpassed the 20-session average, indicating that large capital has returned to this stock. Additionally, PNJ‘s price reached a new 52-week high as the MACD continued its upward trajectory and stayed above the zero line after generating a buy signal, suggesting a positive mid-term outlook.
Source: VietstockFinance
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Compared to the start of the session, the tug-of-war dynamics resulted in a high proportion of reference codes, with 980 codes, but the green color had a slight advantage, with 394 rising codes and 216 falling codes.
Source: VietstockFinance
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Opening: Real Estate Group Continues Growth
At the start of the session on August 19, as of 9:40 am, the VN-Index increased by more than 5 points, reaching 1,259.78 points. The HNX-Index also witnessed a slight increase, climbing to 236.19 points.
At 9:27 am local time on August 18, the General Secretary of the Central Committee of the Communist Party of Vietnam, President of the Socialist Republic of Vietnam, Tô Lâm, and his spouse, along with a high-ranking Vietnamese delegation, arrived in Guangzhou, Guangdong Province, China, commencing a state visit to the People’s Republic of China at the invitation of the General Secretary of the Central Committee of the Communist Party of China, President of the People’s Republic of China, Xi Jinping, and his spouse.
As of 9:40 am, the telecommunications services group led the market with a 2.17% increase in the morning session. Notably, stocks such as VGI rose 2.55%, CTR climbed 0.86%, FOX advanced 1.07%, and ELC gained 0.64%,…
Additionally, stocks in the energy group also spread positivity early on, with numerous codes in the green, including BSR up 2.1%, PVD rising 0.55%, PVC climbing 0.75%, AAH surging 5%, and PSB skyrocketing 8%…
Following closely was the real estate group, which continued its growth trajectory with a 1.33% increase. Notably, codes such as NHA jumped 5.75%, PDR climbed 3.46%, DXG rose 4.61%, NVL advanced 2.51%, NLG gained 1.52%, and VRE inched up 0.27%.
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