The value of transactions on the Ho Chi Minh City (TP HCM) stock exchange today decreased by over 4,000 billion dong compared to the first session of the week. This development contradicted predictions from many analytical groups, who anticipated a swift surge in liquidity after the stock market was officially upgraded according to FTSE Russell standards.
Both domestic and foreign investors adopted a cautious stance, resulting in no single stock reaching a transaction value of one trillion dong. Masan Group’s MSN led in matched order value, but still fell short of 650 billion dong. VHM, VPB, TCB, and VIC followed, with values ranging from 350-500 billion dong each.
Foreign capital disbursement today was approximately 800 billion dong less than yesterday. However, a positive signal emerged as this group shifted from net selling to net buying. Foreign capital inflows today concentrated on SBT of Thanh Thanh Cong - Bien Hoa Joint Stock Company, with a net buying value of 140 billion dong.
Despite cautious investor trading, the benchmark index for the TP HCM exchange saw a strong increase, driven by the positive impact of the Vingroup group. The VN-Index closed near 1,817 points, rising 17 points from its reference level. The VN30 also gained 12 points, reaching 1,965 points.
According to statistics from VNDirect Securities Company, VIC alone contributed over 14 points to the overall market gain. This stock reversed from a decline to an increase of nearly 4%, reaching approximately 244,000 dong.
Sector-wise, securities stocks showed signs of recovery after a strong sell-off during the market’s upgrade day. Today, leading stocks in the sector such as VPX, VIX, VCI, SSI, and VCK all closed above their reference levels, with fluctuations ranging from 0.2-3.8%.
In the banking sector, stock performance was more differentiated. Gainers included MSB, NAB, TPB, EIB, SHB, and TCB. Conversely, the declining group featured several large-cap representatives such as VPB, ACB, MBB, HDB, and CTG. SeABank’s shares continued to hit the floor, with nearly one million units remaining for sale. This stock closed at 20,900 dong, losing about 13% over two sessions.
Real estate stocks were also divided into two groups. In addition to Vingroup-related stocks, the gaining group included shares of developers like Khang Dien, CII, Ha Do, and Bluemarq. Meanwhile, the declining side comprised Nam Long, Quoc Cuong Gia Lai, TTC Land, and LDG.
According to analysis from Vietcombank Securities Company, the index is currently operating around the psychological threshold of 1,800 points. The market is not only clearly differentiated across sectors but also among individual stocks within the same sector. Investors are advised to seek out and select stocks showing upward signals from consolidated price bases. Disinvestment should be carried out incrementally during market fluctuations.
Phuong Dong
