Session on July 11, VN-Index surpassed the 1,450 point mark

In the trading session on July 11, VN-Index increased by more than 12 points, surpassing the 1,450 point mark thanks to support from pillar stocks, especially VIC.

On the Ho Chi Minh City Stock Exchange, at the close of the session, VN-Index stopped at 1,457.76 points, up 12.12 points (0.84%); VN30-Index reached 1,594.01 points after gaining 24.67 points (1.57%).

The market recorded 159 stocks increasing in price and 179 stocks decreasing in price. In the VN30 group, the number of stocks increasing and decreasing in price was 17 stocks and 10 stocks respectively.

The market increased throughout the trading session. In the morning session, although profit-taking pressure increased at times, the green color was still maintained, and the VN-Index only returned to near the reference level.

VN-Index's performance on July 11. Screenshot

In this session, profit-taking pressure was quite high but demand was also strong, so liquidity was high. The entire floor had nearly 31,900 billion VND changed hands, an increase of about 14% compared to the previous session.

SSI securities shares achieved the highest liquidity with more than VND 1,800 billion traded; followed by steel industry shares HPB (nearly VND 1,700 billion), FPT (over VND 1,300 billion), VCI (nearly VND 1,200 billion).

Foreign investors were net buyers in this session. They bought more than VND4,056 billion and sold more than VND2,835 billion. Thus, in recent sessions, foreign investors have been net buyers. It seems that this group has increased their purchases in anticipation of the market being upgraded in September.

With positive developments from Vin stocks, real estate stocks performed best in this session. These are the codes that strongly support the market. VIC contributed more than 6 points to the VN-Index, VHM contributed more than 1.8 points.

In addition, the positive performance of the three industry groups of banking, securities and steel also contributed greatly to the market.

However, the industry groups with decreasing scores dominated; in which, telecommunications services, essential goods trade, consumer services, media and entertainment were the industries that decreased by more than 1%.

On the Hanoi Stock Exchange, at the end of the session, the HNX-Index stopped at 238.81 points, up 0.37 points (0.16%) while the HNX30-Index was at 493.17 points after falling 0.29 points (-0.06%). The entire floor had nearly 2,400 billion VND changed hands.

Source: https://hanoimoi.vn/phien-ngay-11-7-vn-index-vuot-moc-1-450-diem-708788.html