Monday , November 23 2020

Le Phuoc Vu sells land worth hundreds of billions of dong, and stocks are still "backward"



HSG has a disadvantage, even though Hoa Sen has just announced information regarding the relocation of property in District 9, Ho Chi Minh City.

HSG has a disadvantage, even though Hoa Sen has just announced information regarding the relocation of property in District 9, Ho Chi Minh City.

Although there were 167 falls on the HSX, the number of promotions has more than doubled, however the VN index continued to gain 0.11 points, or 0.01%, to 922.16 points. During the session, the index fell to 915 points.

Meanwhile, the HNX index decreased by 0.36 points, or 0.34%, to 104.2, with a decrease in the number of shares by 72 and an increase of 59 shares.

The liquidity improved, but remained low. The total transaction volume for HSX amounted to 143.1 million shares, corresponding to a VND of USD 3,163.19 billion; there were 29.14 shares in HNX, which is 406.53 billion.

On this trading day, the main index gained significant support from VNM when it transferred 0.99 points to the VN index. In addition, the increase in prices for VHM, BID, SAB, STB also has a positive impact on the index. The "big man" VIC in the afternoon also returned with increasing status.

In the opposite direction, GAS withdrew the VN index to 1.27 points. In addition, VJC, VCB, PLX, HPG … have a negative impact on the VN index.

HSG from the Hoa Sen Group suddenly dropped 220 dong, which corresponds to 2.5% to 8,500 dong / share after recovering two weeks earlier. The trading volume reached over 4.8 million shares.

HSG has a disadvantage, even though Hoa Sen has just announced information regarding the relocation of property in District 9, Ho Chi Minh City.

In particular, this group has moved the area of ​​7166 m2 of agricultural land to Do Xuan Hop Street, Phuoc Long B Ward, District 9, Ho Chi Minh City. The value of real property transfer is estimated at VND 139.55 billion, and the transfer deadline is 6/11/2018.

Market commentary, Bao Viet Securities Company (BVSC) said that the market is changing in the direction of pulling and intertwining with the rhythm of growth and decline in the session. It is expected that this move will continue for at least the first half of the next session.

The liquidity reached 127 million shares, slightly up from the previous session, but still lower than the average. The width of the market was not good because declinations dominated. Investors are still cautious about the market trend, with fears related to low bills.

However, according to the BVSC observation, the volume of offers has taken a lot of profits in the repair market.

The index reflected support in 915-918. It is expected that this move will help the market go positive in the next session. The next resistance is expected at 928-932. It is anticipated that market traffic will be divided among groups of shares in upcoming sessions.

According to the BVSC recommendations, the total portfolio should be limited to 40-45% of resources during this period. Investors can then buy for short positions in the right market range.

Mai Chi


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