The market witnessed a lackluster performance in terms of both index and liquidity during the pre-holiday trading week (August 26-30). The VN-Index ended the week with a slight decline of 0.1%, settling at 1,283.87 points. The HNX index recorded a more significant drop of 1%, falling to 237.5 points.
Caution ahead of the holiday period caused a downturn in trading activities on both exchanges. On the HOSE, trading volume and value decreased by 10-12%, reaching 672 million units and VND 15.6 trillion per session, respectively.
On the HNX exchange, liquidity dropped by approximately 20%. Consequently, the trading volume and value were recorded at 52.7 million units and VND 1 trillion per session, respectively.
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Liquidity Overview for the Week of August 26-30
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Among the stocks with increased liquidity, the agriculture and livestock sector stood out. HAG, HNG, ABS, and CTP were among the top gainers in terms of market-wide liquidity. Additionally, several banking and construction stocks attracted investor attention. STB, MSB, and NVB represented the banking sector with significant liquidity gains.
In the construction sector, stocks such as DC4, HBC, TCD, MST, C69, and S99 witnessed increased trading activity.
On the other hand, the real estate sector witnessed a substantial decline in liquidity for several stocks, including QCG, TIP, IDC, NRC, VC7, CEO, DTD, IDJ, and API. Most of these stocks are listed on the HNX exchange. However, the stocks that experienced a decline in liquidity on the HOSE exchange witnessed a more significant drop, ranging from 50-55%.
Moreover, oil and gas stocks faced a collective withdrawal of funds during the week. Exploration and production stocks like PVB, PVS, and PVC, along with gas distribution stocks such as GSP and CNG, were among the top losers in terms of liquidity on the HOSE exchange.
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Top 20 Stocks with the Highest Increase/Decrease in Liquidity on the HOSE Exchange
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Top Stocks with the Highest Increase/Decrease in Liquidity on the HNX Exchange
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The list of stocks with the highest increase/decrease in liquidity is based on a minimum average trading volume of 100,000 units per session.
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