The biggest bright spot was VnIndex still maintaining at an increase of nearly 8 points. The strong selling wasn't enough to pull the index down. The market liquidity also improved strongly when the HoSE was 2,350 billion dong and HNX was nearly 590 billion dong in the morning.
The evolution of the Covid-19 epidemic is still complex worldwide. But, in China, everything seems to be getting under control. Around the world, countries have more or less taken steps to support the economy, reducing the negative impact of the flu.
The liquidity in the market increased quite fast. As of 10:15 am, the HoSE trading floor was 1,515 billion dong and HNX reached 465 billion dong. Price movements of many stocks occurred in a wide range. Investor's psychology strongly fluctuated, so the selling force was strong and the demand was not enough. After dropping slightly to +6 points, VnIndex bounced back to +8 points.
After 40 minutes of trading, the stock market cooled down when investors could not stand the "heat" from the constantly updated information on the situation of Covid-19, which was strained in many countries.
The selling force when the market recovered strongly pushed VnIndex up to just over 7 points. The liquidity of the stock market after 45 minutes of trading reached 710 billion on HoSE and 350 billion on HNX.
The stock market today opened in the surprise of investors. A series of stocks are bought and sold at prices increased sharply compared to yesterday's prices at the end of the ATO session. At the end of 15 minutes of ATO order, VnIndex increased by over 10 points. After that, the strong buying force pushed the index up to over 12 points.
A series of stocks on the market increased sharply. As of 9:22 am, there are 203 gainers while only 31 losers on HoSE. The rate of increase/decrease in HNX reached 44/18. It's been a long time since the Vietnamese stock market had such an emotional session with such a high consensus of cash flow.
In the VN30 group, only 1 ticker decreased slightly and that was VIC. 28/30 tickers increased while GAS suddenly gained nearly 4%. This is the 2nd consecutive strong gain of GAS. SHB continued to be the focus of the market when it increased "abnormally" for the 7th consecutive session.
With today's gain, SHB share price has reached VND 11,500, increasing by nearly 70% from the lowest price 10 days ago. The US stock market also unexpectedly rebounded sharply yesterday with the highest increase in history.
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