The market divided strongly, cash flow was directed toward real estate and industrial zones
The morning session took place with a strong differentiation when cash flow was focusing on real estate groups (DIG, DPG, HDC, HDG, NDN, TDC, TDH, NVL …), as well as industrial zone stocks. (NTC, BCM, SZC, SZL, SNZ, TIP …).
Meanwhile, the Bluechips group is appearing quite a lot of losers such as VRE, PNJ, VJC, PLX, BVH, HPG, MSN, REE … making the market unable to break out.
Other stocks such as securities, banks, oil and gas, textiles … generally have no noticeable fluctuations, mainly fluctuating around the reference.
Pause the morning session, the VN-Index increased 0.97 points (0.1%) to 982 points; HNX-Index increased by 0.15% to 102.74 points and only Upcom-Index decreased by 0.05% to 57.57 points. Market liquidity was at an average level with value of more than VND 1,500 billion.
Foreign investors were net sellers on all 3 exchanges with a total value of 63 billion dong, in which the selling focused on HPG (23.8 billion dong), VJC (17.4 billion dong), VCB (5.8 billion dong). …
On the derivatives market, all 4 guarantee contracts maintained negative basis from 9.5 to 11.5 points, showing that investors are still quite cautious about the market trend at the moment.
The session of 20/8 was quite positive with the green appearing on all 3 indices right from the opening minutes, although the gaining momentum was not too strong. The cash flow is currently directed at real estate and industrial zones with a series of strong gainers such as DIG, HDC, DPG, NDN, NTL, PDR, SZL, TDH, TDC, TIP, NTC, PC1 … Meanwhile, Blue-chips traded quite differently. On the gaining side, there were VHM, MWG, VCS, HVN, SAB, BHN, VCB, FPT, GAS, HPG. In contrast, MSN, REE, VIC, VNM, VJC, PLX, VRE, PNJ … are curbing the market’s upward momentum. At 10:10 am, the VN-Index increased slightly 2.42 points (0.25%) to 983.45 points; HNX-Index increased by 0.32% to 102.91 points and Upcom-Index increased by 0.15% to 57.69 points. The market liquidity was at a moderate level with the value of 3 floors at about 700 billion dong. Foreign investors are net sellers of VND 15 billion on the whole market. On the derivative stock market, all 4 LBM maintained negative basis from 10 to 13 points, showing that investors’ sentiment is still quite cautious.