Investor sentiment is still excited after the positive tariff information last weekend, helping the stock market have a green session at the beginning of the week.
The focus of the market is on bank - notary - steel stocks, in which the SHB and VIX duo are trading suddenly. Statistics show that in today's session, July 7, nearly 250 million SHB shares were "ao-hands-carried" with a total trading value of VND 3,377 billion.
Notably, SHB is also the stock that foreign investors buy the most on the HoSE with 42.3 million shares, equivalent to VND553 billion.
Not only SHB, banking stocks attract strong cash flow and increase strongly. In addition to SHB, the HoSE electricity board recorded a spectacular breakthrough of banking stocks such as: CTG, BID, VPB, HDB, TCB, MBB, ACB, LPB, SSB, VIB, VCB.
According to statistics, the Top 15 stocks that contribute the most to the index have up to 10 bank codes. The explosion of the "king" group of stocks helped the index increase by more than 15 points (equivalent to 1.09%) and re-establish the threshold of 1,400 points.
The entire HoSE floor had 224 stocks increasing, with 87 stocks decreasing and 60 stocks moving sideways. Green also dominated the VN30 electricity board with 27/30 codes increasing, 2 codes decreasing (PLX, BVH) and 1 price-standing code being SAB.
Liquidity in today's session increased sharply with nearly 1.29 billion shares successfully matched, equivalent to a trading value of VND 27,891 billion.
Contributing to the liquidity of today's session is foreign cash flow with a buying value of nearly VND 4,000 billion and a selling value of VND 2,760 billion. Thus, in today's session, foreign investors contributed VND6,760 billion to the liquidity of HoSE, of which the net buying value reached VND1,227 billion. This is the 4th consecutive net buying session on the HoSE of foreign investors.
The fact that foreign investors unexpectedly net bought more than VND6 trillion in July is a remarkable positive signal, as foreign investors had a very strong net selling streak since the beginning of the year. Although there are not enough conclusions, it also shows that foreign cash flow is showing signs of interest again and rotating cash flow to restructure the portfolio.
Experts assess that Vietnam's economic growth has been steady in the first 6 months of the year, along with measures to promote public investment, infrastructure accompanied by institutional changes, and restructuring the management apparatus from the central to local levels, is also an impressive highlight for investors. The return of foreign investors is an important highlight in the process of promoting the upcoming upgrading of the Vietnamese market and if successful, it will come earlier this year.
The Vietnamese stock market is still in a medium-term uptrend following economic growth and is expected to be upgraded early in the near future. The market may be affected in the short term by information about tariffs or even policies of countries, but the general trend is still positive.
Investors can follow the market wave from now until the end of the year before re-evaluating. The priority investment groups are banking, securities, retail, logistics and real estate. These are industry groups that can hold medium-term and even short-term surfing to optimize profits.
