Market liquidity increased compared to the previous trading session, with the VN-Index matching volume reaching over 904 million shares, equivalent to a value of more than 20.5 trillion VND; HNX-Index reached over 71.7 million shares, equivalent to a value of more than 1,385 billion VND.

VN-Index opened the afternoon session with a tug-of-war state despite the presence of short-term profit-taking selling, but the buying side still dominated, helping the index close in positive territory. In terms of impact, VCB, BID, MBB, and HPG were the most positive influences on the VN-Index, with an increase of over 4.3 points. On the contrary, VNM, GVR, NAB, and VHM were the most negative influences, but not significantly so.

Top 10 stocks impacting the VN-Index on 25/09/2024

Similarly, the HNX-Index also had a fairly positive performance, with the index positively impacted by the codes MBS (+5.76%), KSV (+2.78%), CEO (+3.21%), SHS (+1.96%)…

The financial sector was the group with the strongest gain, with a 1.39% increase mainly driven by STB (+2.67%), VPB (+1.3%), MBB (+1.98%), SSI (+3.2%)… Following were the energy and materials sectors, with increases of 0.55% and 0.53%, respectively.

On the other hand, the healthcare sector continued to fall into negative territory, recording the largest decline in the market with a decrease of -0.6%, mainly due to the performance of DCL (-0.55%), IMP (-2.9%), DVN (-2.81%), and DHG (-0.19%).

In terms of foreign trading, they continued to net buy over 398 billion VND on the HOSE exchange, focusing on VCI (89.68 billion), TCB (75.36 billion), SSI (64.03 billion), and MWG (54.85 billion). On the HNX exchange, foreign investors net bought over 2 billion VND, focusing on SHS (26.21 billion), CEO (9.21 billion), MBS (8.95 billion), and VGS (4.56 billion).

Foreign Trading Buy – Sell Net

Morning Session: The market was vibrant with the return of the “Bank – Securities – Steel” trio.

The green color spread across the board, and the market traded actively in the morning session with the brilliant comeback of the “bank – securities – steel” trio. At the midday break, the VN-Index rose 10.36 points, or 0.81%, to 1,285.88 points; HNX-Index increased by 0.58% to 235.67 points. The advantage tilted towards the buying side with 413 gainers and 233 losers.

Positive buying demand was concentrated in the large-cap stock group, improving liquidity. The matching volume of the VN-Index this morning reached over 483 million units, equivalent to a value of nearly 11 trillion VND, doubling that of the previous morning. The HNX-Index recorded a matching volume of over 40 million units, with a value increase of three times, reaching nearly 808 billion VND.

VCB was the driving force, helping the VN-Index gain more than 2 points, followed by BID, HPG, and TCB, which also contributed positively with more than 2.5 points. On the other hand, VNM, FPT, and VJC were slightly lower, negatively impacting the index, but not significantly.

Most industry groups were covered in green, with the most notable being the “bank – securities – steel” trio. Among them, securities stocks led the market with a 2.67% gain. Most stocks broke through strongly above 2%, notably MBS (+6.44%), HCM (+3.26%), BVS (+3.26%), SSI (+3.01%), VIX (+3.07%), VCI (+2.61%), FTS (+2.44%),…

Following was the steel group, with a nearly 2% increase, as buying demand focused on leading stocks such as HPG (+1.74%), HSG (+2.98%), NKG (+2.84%), TVN (+3.45%), VGS (+4.66%), and TIS (+7.46%). Although the “king” group had a more modest increase than the two groups mentioned above, with a market capitalization of more than 30%, it was the group that contributed the most to the market’s explosion this morning. The leading stocks, including VCB, BID, CTG, TCB, VPB, MBB, and ACB, all rose over 1%.

In contrast, telecommunications and information technology temporarily ranked at the bottom with decreases of 0.66% and 0.28%, respectively. This was mainly due to the red color of VGI (-0.89%), CTR (-0.15%), VNZ (-0.43%), SGT (-1.73%), and FPT (-0.3%)

Foreign investors net bought slightly over 49 billion VND on the HOSE exchange this morning, with SSI being the stock with the highest net buying by foreigners. On the HNX exchange, foreign investors net bought over 13.5 billion VND, focusing their purchases on SHS stock.

10:30 am: Financial and Materials Sectors Lead VN-Index

The main indices, which had initially surged positively, then turned to tug-of-war around the reference level, indicating investors’ lingering doubts. As of 10:30 am, the VN-Index rose 5.2 points, trading around 1,282 points. The HNX-Index increased by 0.84 points, trading around 235 points.

Stocks in the VN30 basket mostly rose and were somewhat dominant. Specifically, MBB, HPG, TCB, and VPB contributed 1.33 points, 1.25 points, 0.93 points, and 0.48 points to the overall index, respectively. Conversely, FPT, VNM, VHM, and VJC faced selling pressure, taking away more than 1 point from the VN30-Index.

Source: VietstockFinance

Leading the current recovery were financial stocks, with green dominating most codes. Notably, securities stocks surged from the beginning of the ATO session, with SSI rising 1.13%, HCM up 2.12%, VCI up 1.3%, and MBS climbing 4.75%… This optimistic sentiment could be attributed to the fact that, on September 18, the Ministry of Finance issued Circular 68/2024/TT-BTC, amending and supplementing a number of articles of the Circulars guiding securities trading on the securities trading system, clearing, and securities settlement, which helped remove a major obstacle regarding the requirement for foreign institutional investors to have sufficient funds when buying stocks, thereby creating a premise for upgrading the Vietnamese stock market in the future and bringing more development opportunities for companies providing services in this field.

In addition, banking stocks also witnessed optimistic movements, with green appearing in most codes, such as MBB rising 1.58%, VPB up 0.52%, STB gaining 0.32%, and ACB climbing 0.58%…

Following was the materials sector, also attracting money flow. Notably, the three giants in the steel industry, HPG, HSG, and NKG, increased by 1.35%, 2.98%, and 2.61%, respectively, while some chemical stocks like DCM, DPM, and DGC rose by 1.83%, 1.54%, and 0.61%, respectively…

Compared to the beginning of the session, the buying side still held the upper hand. There were 366 gainers and 215 losers.

Source: VietstockFinance

Opening: Maintaining a slight gain

At the start of the September 25 session, as of 9:30 am, the VN-Index rose over 3 points to 1,280.69 points. Meanwhile, the HNX-Index also edged higher, reaching 235.1 points.

Gold prices rose more than 1% and hit a new record on Tuesday (September 24), continuing their recent upward trend as tensions in the Middle East fueled safe-haven demand, while investors anticipated further signals on US interest rate cuts.

At the close of the trading session on September 24, spot gold contracts rose 1.1% to $2,656.38 an ounce after hitting a previous high of $2,654.96. Gold futures contracts increased by 1% to $2,680.00 an ounce.

As of 9:30 am, large-cap stocks like VCB, HPG, and CTG were pulling the market up, with a total increase of over 1 point. On the contrary, VHM, KDC, and NAB led the group with the most negative impact on the market, but the decline was less than 0.5 points.

The energy sector maintained stable growth from the beginning of the session, with stocks like BSR rising 1.26%, PVS up 0.72%, PVD climbing 0.54%, PVC gaining 0.76%, PVB increasing by 1%, and the remaining stocks standing still or falling slightly.

Ly Hoa

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