Accordingly, food industry stocks in recent sessions have attracted attention with good price increases and some codes have active transactions.
AGM shares of An Giang Import-Export Joint Stock Company (HOSE) hit the ceiling and had no sellers, with ceiling price buy orders for 3 consecutive sessions (September 10 - September 12) with a sudden trading volume, respectively when receiving 709,000 shares on September 10, down to 221,000 shares on September 11 and 388,000 shares on September 12. At the end of the session on September 12, AGM's market price reached the ceiling price of VND 3,470/share.
BAF of BaF Vietnam Agriculture Joint Stock Company (HOSE) also performed positively when it continuously maintained green color in recent sessions. At the end of the session on September 12, BAF's market price reached VND 19,250/share, up 8.4% from the session on September 9.
Similarly, NAF shares of Nafoods Group Joint Stock Company (HOSE) also recorded 3 green sessions, closing on September 12, NAF's market price reached VND 19,500/share, up 6.2% from September 9 to present.
DBC shares of the "big guy" Dabaco Vietnam Group Joint Stock Company (HOSE) also recorded positive developments, DBC's market price closed on September 12 at VND29,250/share, from September 9 to now, DBC has increased by 4.8%.
In addition, the group of steel and construction material stocks also recorded a positive trading session. As soon as super typhoon Yagi passed (starting from session 9.9), the market recorded positive developments in the group of steel stocks, especially the duo HPG of Hoa Phat and HSG of Hoa Sen Group. However, this group of stocks later turned to decline.
In contrast, insurance stocks were continuously in the red. MIG shares of the Military Insurance Corporation (MIC, HOSE) evaporated 6.7% in 4 trading sessions from September 9 to September 12. At the end of the session on September 12, MIG's market price reached VND 17,000/share.
Similar to PGI and BVH codes, they have also been continuously in red since storm No. 3 made landfall and had a strong impact until now.
According to Yuanta Securities experts, among the groups of stocks affected by storm No. 3, the food group will have a longer-term impact. After the flood, the demand for essential foods will increase, and in the long term, the recovery of consumer demand will support this group.
