Cash flow focused on small and medium-cap groups in August, a series of stocks gained over 50%

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Ending the last trading session of August, VN-Index gained a slight increase of 21.42 points (1.64%) compared to the previous month and reached 1,331.47 points. Meanwhile, HNX-Index increased by 27.96 points (8.88%) to 342.81 points. UPCoM-Index increased by 6.84 points (7.87%) to 93.77 points.

Market liquidity in August increased sharply compared to July. Total average trading volume reached 965 million shares per session, up 19.6% compared to July, corresponding to the average transaction value of VND 28,807 billion, up 18%. In particular, the average order execution value reached VND 26,914 billion per session, an increase of 10.7%.

The stock market movement in August was a divergence and struggle in large-cap stocks. According to the 50 largest capitalization stocks in Vietnam’s stock market, in August, there were 28 gainers and 22 losers. In which, the banking group caused a lot of difficulties to the VN-Index when they all dropped. All 5 top positions in terms of price decline in the top 50 by capitalization are in the banking group. In which, VIB of Vietnam International Bank (HoSE: VIB) dropped the most with 12.9%. ACB of Asia Commercial Bank (HoSE: ACB) also fell 11.5% after 1 month of trading. Followed by LPB of  LienViet Post Bank (HoSE: LPB) with a decrease of 9.5%. Sacombank’s STB (HoSE: STB) and VietinBank’s CTG (HoSE: CTG) decreased by 8.5% and 7.6%, respectively.

Sabeco’s SAB (HoSE: SAB) continued to have a negative month with a drop of 5.7% (July 6%).

Price movements of the 50 largest capitalization stocks in the stock market in August.

In the opposite direction, the names of UPCoM exchange have a very “shocking” increase in which, “rookie” SSH of Sunshine Homes Development (UPCoM: SSH) increased the most in this group with 363% from the asking price of only 21,600 VND / share, this stock has climbed to 100,089 VND / share (31/8). In the first 6 months of the year, Sunshine Homes recorded revenue of nearly 990 billion and profit after tax reached 145 billion (same period loss 7 billion). Gross margin improved from 25.1% to 36%.

In 2021, Sunshine Homes sets revenue and profit after tax targets of VND 2,000 billion and VND 300 billion, respectively. The 2022 plan continues to expand revenue and net profit to VND 3,000 billion and VND 450 billion, and is expected to pay a 10% dividend.

MVN shares of  Vietnam National Shipping Lines (Vinalines,  UPCoM: MVN) also increased by 163% in August. MVN share price went up with the “wave” with the group of  sea shipping. This is an industry group that is said to benefit from the  container freight rate as well as the import-export situation of Vietnam is still active despite the Covid-19 epidemic.

SSI of SSI Securities (HoSE: SSI) in August increased by 13.2%. In the face of volatile market fluctuations, the securities industry is still said to benefit the most. In addition, the growth motivation of SSI also comes from the announcement that this company will close the list of shareholders to issue shares to increase share capital from equity and offer more shares to existing shareholders according to the Resolution of the 2021 Annual General Meeting of Shareholders on September 9. Accordingly, the stock bonus plan is implemented at the ratio 6:2 (shareholders owning 6 shares will receive 2 new shares). The total expected maximum issuance volume is more than 219 million shares. The plan of offering to existing shareholders is made at the ratio of 6:1 (shareholders owning 6 shares are entitled to buy 1 new share). The maximum issuance volume is nearly 109.6 million shares, the implementation time is in 2021. The offering price is equal to the par value of 10,000 VND/share, equivalent to the total mobilized capital value of nearly 1,096 billion VND. Thus, the company plans to issue a maximum of nearly 329 million shares. Charter capital is expected to be raised from more than 6,573 billion VND to nearly 9,860 billion VND.

Meanwhile, the HoSE pillars such as Vietcombank’s VCB (HoSE: VCB), Vingroup’s VIC (HoSE: VIC), Vinhomes’ VHM (HoSE: VHM)… all had not too strong fluctuations.

The remarkable point in August was that the cash flow moved strongly into Midcap and Smallcap stocks (small and medium cap). At one point, the transaction value of the Midcap group surpassed the VN30 group.

In August, the whole stock market recorded 67 stocks with an increase of over 50%, of which 12 stocks increased over 100%. Besides SSH, VMD shares of  Y Vimedimex Pharmaceutical (HoSE: VMD) also increased by 208%. The driving force of VMD’s increase came from the fact that the Prime Minister assigned the Ministry of Health to assume the prime responsibility for supporting Vimedimex Medicine and Pharmacy in importing the Sputnik V vaccine to Vietnam.

Following that,  Louis Capital’s TGG stock (HoSE: TGG) also increased by 163%. TGG shares rose with its own story related to the ecosystem Louis Holdings.

30 stocks with the strongest increase in price in August.

Meanwhile, 28 out of 30 stocks that fell the most in the stock market were on UPCoM and most of them had very low liquidity. In which, the biggest decrease was BMN of Company 715 (UPCoM: BMN) with a decrease of 46.8%. Codes such as JOS of  Minh Hai Seafood (UPCoM: JOS), VES of  ME CA VNECO (UPCoM: VES)… also dropped over 40%.

30 stocks with the biggest drop in price in August.

Source: – Translated by