VN-Index continues to hit higher

Friday, Nov 26, 2021 12:25

The market was mixed on Friday morning, with the benchmark VN-Index hitting a new peak on back of large-cap stocks.

On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index inched 4.32 points, or 0.29 per cent, higher to 1,505.13 points. The index breached the historic high of 1,500 points yesterday.

The market's breadth was negative as 166 stocks increased, while 289 declined. The liquidity remained high, but fell slightly compared to yesterday. Accordingly, investors poured over VND20.1 trillion (US$888 million) into the southern bourse, equivalent to a trading volume of nearly 612 million shares.

Meanwhile, foreign investors net sold a value of VND900 billion on HoSE.

The benchmark's gain was driven by large-cap stocks, especially in real estate and banking sectors.

The VN30-Index, tracking 30 biggest stocks on HoSE, rose 8.33 points, or 0.53 per cent, to 1,580.79 points. Of the VN30 basket, nine stocks climbed, while 17 slid and four stayed unchanged.

Vingroup (VIC) led the market's uptrend this morning, up 4.89 per cent, followed by VPBank (VPB) and Novaland (NVL), up 2.89 per cent and 3.03 per cent, respectively.

However, strong gains yesterday triggered some profit-taking activities in many sectors, including manufacturing, utilities, transportation and information technology (IT).

On the Ha Noi Stock Exchange (HNX), the HNX-Index lost 1.09 points, or 0.24 per cent, to 458.58 points. VNS

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