Shares start week on a positive note thanks to securities stocks

Tuesday, Nov 16, 2021 07:50

A customer at a trading floor of SSI Securities Inc (SSI). SSI gained 2.7 per cent on Monday. — Photo courtesy of the company

Shares had a good start on Monday thanks to the support of stocks in the securities sector, attracting large cash flow into the market.

The market benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) gained 0.22 per cent to end at 1,476.57 points.

The index had gained 1.16 per cent last week.

The market's liquidity was positive with 261 stocks rising, while 202 slid.

Investors poured over VND34 trillion (US$1.5 billion) into the southern exchange, equivalent to a trading volume of VND1.17 billion shares.

The 30 biggest stocks tracker VN30-Index gained 0.05 per cent, to end at 1,528.68 points. Fourteen in the VN30 basket climbed, while 16 decreased.

In the VN-30 basket, PVPower (POW) hit the daily limit rise of 7 per cent. HDBank (HDB) gained 3 per cent. Masan Group (MSN), SSI Securities Inc (SSI), Mobile World Group (MWG) and Vinhomes (VHM) all advanced more than 2 per cent. Tien Phong Bank (TPB) rose by 1 per cent.

On the other side, Novaland (NVL) and The Viet Nam Rubber Group (GVR) were the ones that both lost more than 1 per cent. Many stocks also lost more than than 1 per cent, such as Hoa Phat Group (HPG), VPBank (VPB), Vietjet (VJC), Sabeco (SAB) and Techcombank (TCB).

The securities group attracted strong cash flow with many stocks reaching the ceiling prices, such as Asia - Pacific Securities Joint Stock Company (APS), Hoa Binh Securities JSC (HBS), Viet Nam Industrial & Commercial Securities Corporation (VIG), Wall Street Securities Company (WSS), BOS Securities Corporation (ART), Agribank Securities Corporation (AGR), Tan Viet Securities (TVS) and APG Securities JSC (APG).

Saigon-Hanoi Securities Co (SHS), Petrovietnam Securities Incorporated (PSI) and Guotai Junan Securities (Vietnam) Corp (IVS) all gained more than 7 per cent. VIX Securities Joint Stock Company (VIX) and Viet Dragon Securities Corporation (VDS) advanced more than 6 per cent. SSI Securities Inc gained 2.7 per cent.

In the group of agro-forestry-fishery, Hoang Anh Gia Lai Joint Stock Company (HAG) continued its steep gains and reached the highest price level in the past three years. Besides, Hoang Anh Gia Lai Agricultural JSC (HNG) advanced more than 4 per cent and Sao Mai Group Corporation (ASM) surpassed 5 per cent.

On the Ha Noi Stock Exchange (HNX), the HNX-Index gained 0.60 per cent to end Monday at 444.28 points.

During the trading session, nearly 204.5 million shares were traded on HNX, worth nearly VND5 trillion. — VNS

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