Liquidity of more than 2.1 billion USD, VN-Index approaches 1,700 point mark

Cash flow continued to flow strongly into the market, with a total transaction value of nearly VND 56,584 billion, equivalent to more than USD 2.1 billion, focusing mainly on the group of pillar stocks of the banking industry.

At the end of the trading session on August 21, VN-Index increased by 23.64 points to 1,688 points. Trading volume reached more than 1.71 billion shares, equivalent to nearly VND51,551 billion. The entire floor had 118 stocks increasing, 214 stocks decreasing and 46 stocks remaining unchanged.

With liquidity of more than 2.1 billion USD, VN-Index approaches the 1,700 point mark. Illustrative photo

HNX-Index increased by 0.66 points to 284.39 points, with a trading volume of nearly 151 million shares, equivalent to about 3,431 billion VND. The entire floor recorded 71 stocks increasing, 106 stocks decreasing and 52 stocks remaining unchanged.

UPCOM-Index increased by 0.9 points to 110.58 points, with a trading volume of more than 104.5 million shares, equivalent to nearly VND1,602 billion. The entire floor had 133 stocks increasing, 140 stocks decreasing and 94 stocks remaining unchanged.

Banking stocks maintained their performance from the morning session, with a series of codes hitting the ceiling price such as SSB, STB, MSB,OCB , VIB, TPB. The remaining codes also increased strongly, many codes were close to the ceiling price. VN-Index was also supported by other leading stocks such as FPT up 4.09%, and all three Vingroup codes including VIC, VHM, VRE ended the session in green. Other large codes such as SSI, MWG, MSN, GAS also recorded positive growth.

On the contrary, oil and gas and telecommunications stocks were in red. Red also dominated the real estate group, focusing on small and medium-cap stocks. The remaining stock groups were mixed, with green and red mixed.

Although the market reached a historical peak, foreign investors net sold up to 2,498 billion VND across the entire market. On HOSE, foreign investors net sold about 2,417 billion VND; of which, VPB was the most net sold with 588 billion VND, HPG 344 billion VND, CTG 241 billion VND, GEX 172 billion VND, KDH 146 billion VND... On HNX, foreign investors net bought about 3 billion VND; UPCOM was net sold more than 84 billion VND.

Overall, the market continued to record strong cash flows into pillar stocks, helping the VN-Index approach the 1,700-point mark, despite net selling pressure from foreign investors. This development shows that investors are still optimistic, expecting stocks leading the market, while the clear differentiation between industry groups continues to create opportunities and challenges for investors.

PV (synthesis)

Source: https://baohaiphong.vn/thanh-khoan-hon-2-1-ty-usd-vn-index-tien-gan-moc-1-700-diem-518735.html