The trading session on November 20 was quite gloomy due to the cautious sentiment of both buyers and sellers on the derivatives expiration date. The VN-Index quickly returned to a recovery state after yesterday's adjustment session, showing that the market is still in a trend of accumulation to recover.
However, the breakthrough came mainly from two large stocks, Vingroup (VIC) and Vietjet (VJC), while the increase has not really spread throughout the market.
At the end of the session, VN-Index increased by nearly 7 points, closing at 1,655.99 points. Liquidity on HoSE remained low, with a matched value of VND16,775 billion.
The bright spot came from foreign transactions when the group of foreign investors returned to net buy 244 billion VND after 11 consecutive "room sales" sessions before. Of which, HoSE alone, foreign investors net bought approximately VND293 billion. VPB Bank shares were net poured the most by foreign investors in the whole market with a value of nearly 181 billion VND. SSI and VIC stocks are next on the net buy list with a value of about VND124-135 billion.
The VN30 group was balanced with 12 stocks increasing and 13 stocks decreasing, but at the end of the session, the index of this group increased by more than 11 points thanks to the great contribution of VIC.
Vingroup shares (code VIC) continue to extend the series of days of price increases beyond the peak. In the session on November 20, VIC increased by nearly 4%, pushing Vingroup's market capitalization to nearly VND900,000 billion (~34 billion USD). This figure puts billionaire Pham Nhat Vuong's group firmly in the No. 1 position on the entire stock exchange.
Since the beginning of the year, VIC's market price has increased more than 5.5 times. Billionaire Pham Nhat Vuong's assets on the Vietnamese stock exchange have also skyrocketed, estimated at more than VND500,000 billion (including direct and indirect ownership). In addition, a significant part of Mr. Vuong's assets are also at VinFast - a Vietnamese enterprise listed on Nasdaq with a capitalization of more than 8 billion USD.
According to an update from Forbes, billionaire Pham Nhat Vuong's assets as of November 19 were at nearly 21 billion USD, ranking 116th in the list of the richest people in the world. This figure puts Mr. Vuong ahead of Eri Li, Chairman of Geely Holding Group - one of China's largest auto groups.
Meanwhile, VJC shares remained purple, closing the session up 7% to VND190,400/share with matched volume of more than 3 million units and ceiling buyers of nearly 0.3 million units.
Regarding the industry group, the group of banking stocks traded are differentiated and slightly adjusted. In particular, the most vibrant trading stocks in the industry all performed well, with SHB leading the market with liquidity reaching 83.4 million units, ending the session up 1.2%; HDB increased by 1.6% and matched 21.4 million units; VPB increased by 1.6% and matched more than 19.5 million units...
The securities group also adjusted slightly, but VIX had the largest matched volume in the industry and ranked 2nd in the market when it only lost to SHS, reaching 37.9 million units, ending this session down 1.8% to 24,550 VND/share.
On the contrary, real estate stocks are still among the top in the market thanks to the support of Vingroup. In addition, some real estate stocks have successfully reversed in the afternoon session, such as DXG increased by 1.6% and matched 13.2 million units, KBC increased by 2.3%, PDR and DIG regained the reference level...; while NVL continued to face additional selling pressure after previous strong increases. At the end of the session, this code decreased by 3.5% and matched 13.2 million units.
