Unlike yesterday's trading session (September 10), the liquidity of the stock market on the morning of April 11 was no longer frozen due to a small drop in supply. Investor optimism continues to exist, thereby helping key indicators increase positively from the beginning of the session.
At the end of the morning session on April 11, the HOSE floor had 245 stocks increasing (13 stocks increasing the ceiling) and 237 stocks decreasing (10 stocks decreasing the floor), the VN-Index increased by 26.75 points (+2.29%), to 1,195.09 points.
Total trading volume reached more than 1 billion units, worth more than VND 22,929 billion, nearly 4 times higher in volume and 4.6 times higher in value compared to yesterday morning's session. The VN30 group closed the session with an increase of nearly 35 points with 23 codes and 6 codes.
In particular, HPG is still the focus of this group in particular and the general market when closing the session at the ceiling price of VND 24,300/share with the most vibrant matched volume, reaching 56.7 million units and the ceiling buyback was up to nearly 18.5 million units. This is also a code that is strongly bought by foreign investors, reaching nearly 15 million units.
However, VN-Index is having difficulty when testing at the strong resistance zone of 1,200 points. In particular, it seems that the information about the US tax postponement was absorbed all the time in yesterday's session, export stocks such as textiles, seafood, or even industrial park real estate were sold quite strongly in this morning's session.
Foreign investors returned to net buy more than VND 477 billion on all three exchanges this morning. HPG is the focus of attracting foreign cash flow when it was net purchased for nearly 378 billion VND, more than double the second-placed code MBB (174.9 billion VND). Meanwhile, SSI was still disbursed quite strongly with a value of more than VND 120 billion in the morning session, leading the net selling list.
A hoi of life for whatever reason is a happy thing. For investors who have been in the market for a long time, people should take advantage of the opportunity, but should not expect too much. This is a beat for portfolio restructuring, especially gradually eliminating stocks that are vulnerable to trade wars or have weak prospects.
Although the tariffs have been extended for negotiations, the risks remain. Therefore, many experts recommend that investors should focus on industries that are less affected by exports such as banking, consumption, public investment, and securities.
