Finance - Banking

VN-Index surpassed 1,230 points in the first trading session of the week

VN (according to VNA) August 12, 2024 16:47

Strong buying power at the end of the afternoon session helped VN-Index recover and maintain green at the end of the first trading session of the week, August 12.

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VN-Index surpasses 1,230 points

The market on August 12 witnessed not much favorable conditions due to the return of selling pressure causing the index to fall below the reference level, but it suddenly recovered and maintained the green color when strong buying pressure appeared at the end of the session.

Regarding industry groups, banking stocks in the blue-chip group recovered quite impressively in the afternoon session. MBB, ACB, CTG, TPB, VPB were the codes that increased by more than 1% compared to the closing price in the morning. In addition, GVR, SSI, VJC also recovered strongly.

In terms of impact, FPT, HVN, GVR and GAS had the most positive impact on the VN-Index, helping the overall index increase by more than 3 points. On the contrary, VHM, VIC, HPG and VNM had the most negative impact, taking away more than 1.7 points from the overall index.

At the end of the session, VN-Index increased by 6.64 points, to 1,230.28 points. HNX-Index increased by 1.39 points, to 230.77 points. UPCOM-Index increased by 0.2 points, to 93 points.

Market liquidity decreased compared to the trading session at the end of last week (August 9), with the total matched order value on the floor reaching more than 15,000 billion VND, equivalent to about 650 million shares traded.

Regarding foreign transactions, foreign investors continued to net buy more than VND58 billion on the HOSE floor, focusing on HDB (VND207.43 billion), FPT (VND150.59 billion), MWG (VND142.28 billion) and CTG (VND24.83 billion).
VN (according to VNA)
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VN-Index surpassed 1,230 points in the first trading session of the week