Stocks manage to win over real estate stocks

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VIETNAM, December 22 –

Victoria Village is developed in District 2 of HCM City by Novaland. NVL gained 1.1% on Tuesday. – Photo Novaland

HÀ NỘI – The market’s uptrend weakened during Tuesday’s afternoon trading session as the market saw large-cap price declines, but gains in real estate stocks pushed indexes higher .

On the Hồ Chí Minh (HoSE) stock exchange, the market benchmark VN-Index rose 0.1% to end at 1,478.74 points.

The size of the market was positive with 247 winners and 220 losers.

Some 866 million shares were traded on the Southern Stock Exchange, worth nearly 26.8 trillion yen ($ 1.17 billion).

The VN30 index, which tracks the 30 largest stocks on HoSE, fell 0.14% to end at 1,511.48 points. Twelve of the 30 stocks in the VN30 basket posted gains, while 15 fell.

In the VN-30 basket, many blue chips lost ground like VIBank (VIB), down 3.1%, PetroVietnam Gas JSC (GAS) lost 2.8%, Tiên Phong Bank (TPB) lost 2.5%, Bank for Investment and Development of Vietnam (BID) was down 1.8 percent, Hanoi-Saigon Bank (SHB) 1.6 percent and Vingroup (VIC) down 0.9 percent.

In the real estate group, the rise of Vinhomes (VHM), Novaland (NVL), Development Investment Construction Corporation (DIG), Kinh Bắc Corporation (KBC) and Novaland (NVL) was the main driver of the market during the session. . Many small and mid-cap codes such as CEO Group JSC (CEO), LDG Investment JSC (LDG), The HCM City Infrastructure Investment JSC (CII) have also hit price caps.

Twelve of the 25 sector indexes on the stock market posted losses, including securities, IT, distribution, banking, rubber production, building materials and logistics.

On the other side, the winners were healthcare, agriculture, food and beverage, real estate, insurance and seafood production, wholesale, oil and gas. and construction.

On the Hà Nội (HNX) stock exchange, the HNX index gained 0.09% to end Tuesday at 455.01 points.

During the session, investors poured over 3.3 trillion VN into the market, equivalent to a trading volume of 111 million shares. – VNS


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