The benchmark index for the HoSE maintained positive momentum from market open until close. After the initial 30 minutes, the stock market quickly regained the crucial psychological threshold of 1,800 points, rising nearly 20 points from its reference level. However, the index soon retreated as selling pressure mounted, falling below this mark while still remaining in positive territory.
In the afternoon, the market gradually improved. The VN-Index returned to 1,800 points and then steadily advanced to new highs. After 14h, the stock market reached a record level above 1,817 points, nearly 29 points higher than its reference. After slight fluctuations during the ATC (at-the-close) session, the VN-Index closed above 1,816 points, nearly 28 points higher than yesterday. Based on closing prices, this marks the highest level in the stock market's nearly 26-year history.
However, market consensus was not strong, as the HoSE saw 167 advancing stocks, not significantly different from 153 declining stocks. For most of the trading day, the market often showed a 'green outside, red inside' trend, where declining stocks outnumbered advancing ones despite the overall index gain.
Similar to yesterday, stocks belonging to the Vingroup conglomerate played a significant role in supporting the overall index. Leading the charge was Vinhomes' VHM, which continued to hit its ceiling price, reaching 141,800 dong per unit with a trading volume of nearly 1,196 billion dong, ranking 4th across the entire exchange.
Additionally, Vincom Retail's VRE and Vinpearl's VPL were among the top 10 stocks contributing the largest gains to the market. VRE itself also rose to its full limit, reaching 38,050 dong with a trading volume of over 792 billion dong.
Vingroup's VIC closed unchanged today, maintaining its price at 173,100 dong. This stock recorded a trading value of nearly 1,333 billion dong, ranking 2nd in the market. Most buy and sell orders throughout the day were matched around the reference price.
Beyond the 'Vin' family, the market also received support from the oil and gas sector. Notable was PV GAS's GAS, which saw a purple (ceiling price) close with a trading volume exceeding 385 billion dong. Petrolimex's PLX also touched its ceiling price during the session before closing up 6,7% with a total trading value of nearly 507 billion dong. Other codes like PVC, BSR, and OIL also accumulated an additional 2,7-6% in market value.
During the session when the stock market reached record highs, total liquidity on the HoSE exceeded 27,400 billion dong. This marked the 3rd consecutive session of improvement and was approximately 1,500 billion dong higher than yesterday.
Foreign investors continued their net selling, totaling approximately 387 billion dong, which was only about half of the previous session's amount. VIC, VHM, DXS, TCB, and FPT were the most heavily sold stocks. Conversely, foreign funds actively accumulated MBB, VPB, GEX, and VRE.
Previously, in its commentary on yesterday's trading session, Vietcombank Securities (VCBS) noted that the market's gain was driven by the efforts of a few select stock groups. This trend was again observed in today's session.
Against this backdrop, VCBS advised investors to selectively choose stocks that rebound from strong support levels or belong to sectors attracting renewed cash flow after a prolonged period of consolidation. Disbursals should capitalize on index fluctuations in subsequent sessions. Additionally, investors should limit buying stocks that have already seen significant increases and are at peak or strong resistance levels to avoid unexpected corrections.
Tat Dat
