Based on September 23 closing data, there were 214 stocks with positive growth compared to the beginning of the year, accounting for 55% of the stocks listed on the HoSE. This shows that the chances of choosing stocks to win the market are not small, although the VN-Index has not been able to return to the beginning of the year.
Vietnam’s stock market experienced fluctuations in the first 9 months of the year due to the impact of the Covid-19 epidemic. By the end of September 23 session, the VN-Index only decreased by about 5% compared to the beginning of the year, but the fierce fluctuations of the market made it difficult for investors to determine stock trends. Many investors were “sick”, the portfolio’s value fell deeply, far exceeding the overall market’s decline.
Although the market fluctuated strongly, but in fact still appeared many stocks with outstanding rate of return, even “increased by times” in the first 9 months of the year. If holding these shares from the beginning of the year, investors will not only “avoid Covid” successfully but also have a respectable profit margin, far exceeding bank interest.
Based on September 23 closing data, there were 214 stocks with positive growth compared to the beginning of the year, accounting for 55% of the stocks listed on the HoSE. This shows that the chances of choosing stocks to win the market are not small, although the VN-Index has not been able to return to the beginning of the year.
Among stocks with positive growth from the beginning of the year until now, there are 12 stocks with growth of over 100%. GAB was the stock with the best growth in the market with an increase of up to 859% (up 9.6 times). GAB’s rally mainly took place in the early part of the year following the merger with AMD and ROS. However, the liquidity of GAB is very low and does not attract many investors to participate.
The stocks have grown over 100% from the beginning of the year until now
Notable stocks with growth of over 100% from the beginning of the year include DGW (+ 138%), DBC (+ 132%), SVC (+ 114%) and KDC (+ 100%). In which, the rise of DGW and DBC comes from strong business activity. DBC’s rise only came after major shareholder SSI divested capital and was supported by the “galloping” increase in pig price.
Meanwhile, SVC’s business results are not very positive when profit in the first 6 months decreased by nearly 80% year-on-year. This company has a major change in shareholder structure with the withdrawal of some foreign investors, instead of a new group of shareholders from DNP Water and former VNDirect CEO Nguyen Hoang Giang.
For KDC, this stock also doubled from the beginning of the year following the plan to merge KDF or return to the moon cake market, as well as the partnership with Vinamilk.
Also according to statistics on September 23, HoSE had 11 stocks with growth from 70 to 99%, 20 stocks with growth from 50 to 69%, 43 stocks with growth from 30 to 49%, with 65 stocks up. growth from 10 – 29% and 63 stocks with growth below 10%.
In the VN30 group, there were 10 stocks recorded a positive growth compared to the beginning of the year. In which, HPG was the best growth stock with an increase of 34.2%, followed by STB (+ 25.9%), CTG (+ 25.6%), VPB (+ 19%) …
