Stocks continue to rise

Stocks continued to rise despite lack of liquidity. VN-Index surpassed the 1,260-point threshold at the beginning of this morning's session as cash flow entered the market more actively. The HoSE index slowed down at 9:30 a.m. and then quickly regained momentum. The selling pressure was not too strong, helping the market fluctuate in this price range until the beginning of the afternoon session.

VN-Index challenged the 1,265-point price zone but failed, closing the session at 1,261.62 points, up 9.39 points (0.75%) compared to the previous session. The current level is also the highest price zone in a month, since July 19.

The increase in today's session also extended the VN-Index's upward streak after hitting bottom in early August. From the closing level of 1,184 points on August 5, the HoSE index has increased by nearly 80 points.

In the bluechip group, VN30-Index today gained more than 7.3 points (0.57%), up to nearly 1,300 points. HNX-Index and UPCOM-Index on the Hanoi Stock Exchange also closed above the reference.

Total market liquidity reached nearly VND18,800 billion. Of which, liquidity on the HoSE floor accounted for more than VND16,700 billion, down more than VND7,000 billion compared to the session at the end of last week. Foreign investors net sold more than VND300 billion today, the highest since August 8.

At the end of the session, HoSE had 267 stocks increasing in price, compared to 152 stocks decreasing in price.

VNM was the stock that contributed the most to the VN-Index with 1.1 points when this code increased nearly 3% to 76,000 VND. In contrast, HVN was the stock that weighed down the index the most when it decreased 1.4% to 21,100 VND.

Investors' cash flow is still focused on three main industries: real estate, banking and financial services.

HPG was the stock with the highest liquidity on August 19 with a trading value of over VND635 billion. VNM matched orders of nearly VND600 billion, PNJ reached over VND515 billion, MWG and MSN both traded over VND400 billion.

In the large-cap group, in addition to VNM, financial, steel, consumer goods, and real estate stocks also traded well. SAB, GAS, and TCB added more than 2%, while VIB, BVH, and STB increased by more than 1%. On the contrary, SSI, PLX, HDB, and FPT closed the session in red.

In the mid-cap group, steel, real estate, and construction materials stocks were noticed. QCG shares hit the ceiling, CEO, NBB, PDR, and DXG closed the session in green.