Latest article
The High-End Demand Weakens: A Cautious Market Awaits the Influx of “Whale” Account Holdings
The morning session witnessed a notable dip in excitement, possibly due in part to concerns over the massive volume of stocks on August 5th, which were set to be settled in the afternoon. Both the VN-Index and stock prices peaked at the start of the day, only to gradually weaken as trading volume increased by almost 9% compared to the previous morning.
The Soloist’s Sell-Off Symphony
The proprietary trading arm was net sellers again today, offloading a total of VND637.3 billion, with VND215.8 billion in matched orders alone.
The VN-Index: A Stunning Surprise
The stock market continued its upward trajectory on today's trading session (August 6th), with the VN-Index surging over 26 points to reach a new high of 1,573. Banking stocks witnessed a collective rally, led by TCB, which extended its gains following the announcement of its subsidiary's initial public offering (IPO). Notably, foreign investors returned as net buyers, injecting optimism into the market.
