How are real estate stocks after the Prime Minister’s meeting to remove difficulties in the market?

Although VN-Index closed with a slight increase of 1 point, the red color dominated the market. The market’s attention is still on the real estate group, especially in the context that the Prime Minister chaired a meeting to remove and promote the market.

Today is the day T+2 shares of the 15/2 session returned to the account, many investors made a profit following 3 consecutive gaining sessions. However, the profit-taking pressure in the market is not too great. VN-Index fluctuated many times, struggled above and below reference, but closed still in green.

The VN30-Index was mostly in red, putting pressure on the main index. In the VN30 basket, 18 stocks dropped, the most negative trades were MSN, HPG, SAB… HPG was one of the strongest net sellers today. Recently, foreign investors’ transactions no longer create an upward driving force for the market.

Along with HPG, most steel stocks were in the red. Similarly, the number of stocks with price drops also dominated the securities group, including large codes such as VND, SSI, and HCM. However, these stocks do not have a significant impact on the overall market.

On the other hand, banking and real estate are the two main pillars of the market. Bank stocks BID, VCB, VIB, EIB, STB and 2 representatives of Vingroup (VIC, VHM) were among the market leaders. Although a bit less exciting compared to the previous session, banking stocks recorded an overwhelming green color.

EIB increased the most by 4.6%. Today is the last day to register to receive EIB’s 20% dividend. This bank will issue shares to pay dividends. Specifically, EIB will issue an additional 245.8 million shares to pay dividends. The source of issued capital is profit following tax (following setting aside funds for the period 2017 – 2021). Thus, following 9 years of waiting, until now, EIB shareholders will receive dividends. EIB’s last dividend was in 2014 at the rate of 4% in cash.

With the real estate group, the number of stocks that increased in price was also overwhelming. VIC, VHM, HTN, NVL, TCH, HDG, KBC… all increased in price. Many other codes such as VRE, DXG, NLG, KDH, DIG, LDG stood at reference. A few stocks such as GEX, PDR, ITA, IJC, BCM fell regarding 1%. Today’s session, the real estate group continuously received new news regarding the conference chaired by the Prime Minister. Although no specific solution has yet been reached, in general, the real estate group’s transactions were better than last week’s credit meeting.

At the end of the session, VN-Index increased by 1.02 points (0.1%) to 1,059.31 points. HNX-Index dropped 0.89 points (0.42%) to 209.95 points. HNX-Index fell 0.72 points.

Liquidity was only equivalent to the previous session, HoSE matched value was nearly 7,000 billion dong. Foreign investors were quite balanced, but sellers still outperformed. The net selling value was over 3 billion dong, focusing on STB, HPG, DXG, CTG… In contrast, foreign investors disbursed into KBC, VCI, HSG, SSI, BID…

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