VIC supported the market again, the VN-Index only lost more than 8 points although the red color covered three-quarters of stocks on the HoSE

VN-Index on April 16 was like going on a roller coaster when sometimes “hitting a hammock” decreased by 20 points compared to the beginning of the session. However, this index then quickly recovered, ending at 1,238.71 points, down 8.54 points, or 0.68%.

Although it only dropped by more than 8 points, if looking at the general picture on HoSE, the situation is much more tragic. There were 355 losers on the floor, equivalent to 3/4 of the stocks on the floor. The number of advancers was only 81, while the number of unchanged stocks was 36.

This session, VIC supported the market again, similar to many sessions in the past. VIC’s biggest “ally” during the session was also a real estate stock: NVL.

In fact, NVL is the most impressive stock in the market recently when it recorded 12 consecutive gaining sessions, dragging the stock price up from 79,500 VND / share to 108,000 VND / share, or up to 36. %. Particularly in the session of April 16, the market price of this stock increased by 5.37%.

Not only VIC and NVL, BCM also impressed with a ceiling gain. Meanwhile, PDR surged 5.03%. These are the 4 stocks that have the most positive influence on the index, as well as 4 real estate stocks. In addition, FLC and ROS also participated in the top 10 stocks that positively affected the index.

The remaining real estate stocks are generally less positive.

For the banking group, the overall situation was tragic. Except for SSB, EIB and LPB, the remaining stocks all fell quite sharply, most of them lost about 1-3% in value.

Securities group was even more miserable when the red color covered. SSI down 2.44%, VCI down 1.83%, HCM down 3.03%, AGR down 3.69%, TVS down 2.97% …

For manufacturing groups, the green color was light in HPG and MSN with a slight increase, respectively 0.18% and 0.1%, the rest fell mostly, of which VNM plunged 2.22%, SAB fell. 1.51% while GVR decreased to 4.32%.

The situation is also not so good for aerospace and energy stocks. VJC and HVN decreased by 2.05% and 1.9% respectively. GAS stood still at reference price, POW decreased by 1.49% while PLX increased 2.94%.

The matched liquidity on the HoSE was at a very high level, up to over 20,000 billion VND.

Head office of LienVietPostBank. (Photo: Vietnam +)

Lien Viet Post Joint Stock Commercial Bank (LienVietPostBank – stock code LPB) achieved a pre-tax profit of VND1,112 billion in the first quarter of 2021, nearly double the same period last year.

This is the quarter with the best business results ever, even exceeding the profit of some previous years of operation of LienVietPostBank.

In addition, by the end of March 31, total assets of LienVietPostBank reached more than 245,200 billion, up over 20% over the same period last year. Capital mobilization from economic organizations and individuals continued to grow well, reaching nearly VND206,300 billion, in addition, outstanding loans from this sector reached over VND 183,100 billion, an increase of more than VND 6,100 billion compared to the end of the year. 2020.

Notably, the proportion of retail growth in credit growth in Q1 reached more than 80%, indicating a consistent orientation of the bank towards the retail segment.

In the insurance segment sold through the banking channel (Bancassurance), LienVietPostBank is among the top commercial banks with the highest sales in the market. Along with the efforts in business and service development, by the end of the first quarter, LienVietPostBank’s net service revenue reached VND 162 billion, an increase of nearly 70% over the same period last year.

On the HOSE, stock LPB is in the group share had the highest market price growth in Q1, up nearly 40%, from 12,400 VND / share in the trading session on 31/12/2020 to 17,350 VND / share in the trading session on 31/3 and now is reaching the price of nearly 19,000 dong / share.

In mid-March, credit rating agency Moody’s upgraded LienVietPostBank’s outlook to “Stable.” This result reflects the bank’s financial capacity, good risk management and long-term development opportunities.

According to the plan, on April 29, LienVietPostBank will hold the Annual General Meeting of Shareholders, it is expected that this year, the bank will set a plan. profit before tax is 3,200 billion. Thus, with the first quarter results reaching 1112 billion, LienVietPostBank has fulfilled about 35% of the profit target in this year’s business plan./.