Stock market increases thanks to VIC stock support

Gia Miêu |

Thanks to the pulling force from the VIC and VHM duo, the stock market regained its green color in the last session of the week.

The VN-Index index had a fairly strong decrease session yesterday (June 25), after three consecutive increasing sessions from the beginning of the week. A noteworthy point is that market liquidity still decreased sharply below the 20-session average, showing that cash flow returned to a high cautious state.

Entering today's trading session (June 26), the stock market continued with a rather dull diễn biến with fluctuations and slight shaking. Liquidity still decreased, cash flow did not find any leading stock groups, in the context that red still prevailed on the electronic board.

The VN-Index only had a jump above the reference level and increased by nearly 9 points in the last minutes thanks to the push from the pair of Vin's large stocks, VIC and VHM.

Closing the trading session on June 26, VN-Index increased by 8.84 points (+0.47%), to 1,871.91 points. Total trading volume reached more than 498.2 million units, worth 14,891 billion VND, a slight increase of just over 1% in volume but a decrease of nearly 8% in value compared to yesterday's session. Block transactions contributed more than 125 million units, worth 3,865 billion VND.

Regarding foreign investors' transactions, this block returned to net buying more than 332 billion VND on the HOSE exchange, focusing on VHM (379 billion VND), VIC (119 billion VND) codes.

Ending the trading week from June 22-26, the VN-Index increased by 47.38 points, equivalent to +2.59%, recording the second consecutive week of increase after an increase of nearly 33 points in the previous week.

Regarding the level of impact, VIC, VHM, VCB and SSB are the codes that maintained green color and helped the index increase by 11.71 points. In the opposite direction, LPB, GVR, BSR and BID are the codes that have the most negative impact on VN-Index and took away more than 3.3 points.

The real estate industry is the group with the strongest increase in the market with 1.52% mainly from stocks such as VIC (+1.33%), VHM (+3.51%), VRE (+1.35%)... Followed by the non-essential consumer and industrial sectors with increases of 0.59% and 0.19% respectively.

In the opposite direction, it is noteworthy that the energy group was the group that recorded a sharp decrease in the market with 1.21% with a series of declining codes such as BSR (-1.42%), PLX (-1.21%) and PVS (-1.32%).

Asean Securities Company believes that in this context, short-term investors should maintain an average proportion, avoid chasing purchases in recovery phases and focus on trading in the range of 1,860 - 1,890 points, while prioritizing stock groups with their own stories such as state capital divestment, market upgrades, and economic development resolutions.

At the same time, medium and long-term investors can take advantage of adjustments to the support zone to partially disburse into industry groups with good fundamentals and high liquidity such as banking, securities, retail, and public investment.

Gia Miêu
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