[ad_1]
Small stocks and speculative stocks rose strongly today despite apparent weakness in the first-class group that caused the VN index to rally badly.
According to the HSX statistics, there were 50 stocks increasing in the maximum amplitude, plus the HNX with 91 stocks. Pure quantity, this is the highest level this year so far. The closest record that can be compared is the session on July 28, 2020 when 84 stocks peaked, but it was the session in which the VN-Index rose to 28.2 points.
Today, VN-Index always tried to increase only 2.37 points, which was also lucky in the end. The index struggled around the benchmark, many times it fell. Until 2 pm the increase was not 2 points.
The index’s gloomy movements contrasted with the heat of speculative stocks. Stocks with a low market price increased to the maximum price closed to the power board, many times there were many. The market from the beginning of the year until now has also had a series of speculation sessions to hit the roof, but today the number is too much.
The VNSmallcap Index, representing the small cap group, closed 2.1% higher, the Midcap Index was up 2.18%, while the VN30 Index was up 0.24%, the VN Index was up 0 , 22%. This difference alone also indicates where the “heat” is focused on the market.
Today is also the day that small and medium stocks were highly liquid. The mid-cap group equaled 3.952 billion dong, the highest since the beginning of the year. Smallcap group equaled more than 1,799 billion dong, also an unprecedented record.
Meanwhile, the VN30 group also had a great trade, around 5.948 billion dong, but still well below the record of 3 sessions (7.390 billion dong), almost 20% less.
Of course, because the market price is too low, although the trading volume is huge, small and medium stocks have not been included in the high liquidity group. However, some stocks have also set historical records for themselves like LCG, DCM, D2D … and they have also set records for 2020, there are dozens of stocks.
Small-cap stocks covered the electricity dashboard today.
The index was completely separate from the overall transaction because the major stocks were quite weak, especially the pillars. The VN index rose very little due to the loss of most of its support. Among the top 10 by market capitalization in HSX, only two stocks gained well, namely GVR hit the highest price and HPG was up 2.08%. The remaining 8 large stocks fell: GAS decreased 1.16%, SAB decreased 0.25%, CTG decreased 0.14%, VCB decreased 1.01%, VHM decreased 0.23%, VIC decreased 0.66. %, VNM fell 0.99%, BID fell 1.26%.
The breadth of the VN30 basket was also balanced between winners and losers (14 winners / 15 losers), but the differentiation was too harsh. The codes that still won mostly increased strongly, such as KDH increased 2.49%, MWG increased 3.18%, PNJ increased 1.29%, POW increased 1.67%, REE increased 3.18%, EIB, ROS ceiling, SBT increased 3.37% , SSI increased by 3.32% …
The overall amplitude of the HSX was much worse than yesterday with only 270 advances / 166 descents. Allocated according to price, the market was extremely strong with around 100 advancers ranging from 3% to the maximum price, almost 60 advances ranging from 1% to less than 3%.
The regression of the large-cap group here continues to show signs of gradual profit-taking. There are not many small-scale investors who invest in these blue-chips, but to reduce the price with very high liquidity, they must be investors with large capital. Meanwhile, low-priced speculative stocks rose to their highest amplitude, meaning that most retail investors were making good profits. Therefore, the fact that the index rose a bit and the weakness of the blue-chips did not cause market sentiment to fluctuate.
Today’s liquidity saw more than 14 trillion more this week alone. The two exchanges matched about 14.299 billion dong and included the deal for more than 16.748 billion dong. In the last 4 sessions, the two exchanges had 3 equalized sessions that exceeded 14,000 billion dong. The 11-12 billion transaction level looks disappointing.
Foreign investors did not make a significant contribution to the huge liquidity mentioned above. The HSX today only had the total disbursement of foreign investors was 801.3 billion including the agreement. Thus, foreign investors contributed less than 5% of the trading value in this session.
Due to the weakness of the blue-chips, the VN-Index only rose 1,083.45 points at the end of today. In the previous two sessions, the average gain of more than 15 points per day brought the expectation to 1,100 points this week alone. But now the locomotives are running out of breath, so speed will probably “pick up” in the next few days. In the meantime, investors won’t pay much attention to the index, because stock prices are still extremely hot.
