Prior to today's trading session, several analyst groups suggested that the technical rebound at the end of yesterday's session wasn't enough to rekindle investor enthusiasm. Investors were predicted to remain hesitant, leading to continued weakening cash flow.
Actual trading volume and value both saw slow growth. By the end of the morning session, liquidity on the Ho Chi Minh City Stock Exchange (HOSE) had not reached 13 trillion VND, whereas it usually exceeded 20 trillion VND during more active sessions. Continued caution in the afternoon resulted in a total trading volume of less than 990 million shares for the entire session, equivalent to 29,376 trillion VND. This marks the lowest liquidity session in the past two months.
Weak cash flow caused the VN-Index to fluctuate within a narrow range, reversing direction several times. The HOSE's representative index closed at 1,643 points, up nearly 6 points from the reference point. The VN30 followed a similar trend, closing with an increase of more than 3 points.
The market experienced a "bull trap" scenario, where the index rose while the number of declining stocks was dominant. Strong divergence was observed across all stock groups.
In the banking sector, leading stocks like CTG, VCB, TCB, MBB, and SHB all rose by over 1%, serving as the main drivers for the index's upward movement. Meanwhile, mid-cap and small-cap stocks such as MSB, EIB, VIB, and TPB all closed in the red.
Within the securities group, SSI, VIX, and BSI contributed positively to the market's gains. Conversely, VDS, VCI, and VND all finished the session down 1-2%.
In the real estate sector, Vingroup stocks acted as a driving force for the market. VIC, VHM, and VRE all gained points and were among the most positive influencers on the VN-Index. On the other hand, NVL, HDG, and LDG went against the market trend, each losing more than 2% compared to the reference point.
Only 4 stocks on HOSE reached trillion VND liquidity today: SSI, HPG, VIX, and TCB.
Foreign investors intensified their selling today. They invested over 1,860 trillion VND but sold over 4,800 trillion VND, resulting in a net selling value of over 2,900 trillion VND. HPG was the focal point of foreign investor selling, with a net selling volume of nearly 12 million shares. NVL, MBB, and TCB also faced significant selling pressure.
Phuong Dong
