Market Rallied Amid Investors Taking Profits - HPG Update
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Today was an active day. In the HSX alone, the total matching-order volume surged to over 151 million shares, equivalent to VND2,828 billion, up 30% compared to yesterday’s trading. The VNIndex moved above 700 pts and closed at 701.91 pts (+0.27%). Though the market traded in the green, the market breadth was not very strong as only few large to mid-cap stocks increased. Moreover, more investors tried to take profits in the afternoon session, which slightly slowed down the VNIndex’s movement. Some stocks that have rallied strongly recently and were the main target of profit takers included HBC, CTD, and HPG.
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