Before today's trading session, most analysts predicted that the benchmark index for the Ho Chi Minh City exchange would maintain its positive momentum, thanks to capital flowing into Vingroup stocks. Indeed, the index remained in positive territory throughout the session, closing with a 12-point gain at 1,754 points. This marks the ninth consecutive session of increases, significantly narrowing the gap to its historical closing high of 1,767 points.

The Ho Chi Minh City exchange experienced a "green outside, red inside" situation, where the index advanced but the number of declining stocks was double that of advancing ones. The disparity was even greater within the VN30 basket, with 21 stocks falling and only seven gaining.

VIC was the primary driver of the index's growth. The stock closed at its ceiling price of 152,700 VND, with over 2,6 million shares in excess demand. VHM and VPL increased by 2,8% and 2,5% respectively from their reference prices. According to statistics from VNDirect Securities Company, the Vingroup group collectively contributed 13 points to the VN-Index during the first session of the week. This implies that the index would have declined without this group's performance.

Sabeco stock also saw a surge, hitting its ceiling price of 53,200 VND and closing with no sellers.

Sector-wise, the banking group faced selling pressure. LPB led the declines with a 3,7% drop, closing at 46,300 VND. Large-cap stocks such as VIB, TCB, and STB all lost more than 1% from their reference prices. MBB was the only representative of this group to align with the index's upward trend, rising 0,6% to 25,300 VND.

Red also covered the securities group. VIX lost 3,5%, a significant difference compared to other stocks in the same sector like VCI, VND, HCM, and VDS.

The real estate group showed strong differentiation. Small-cap stocks such as DXS, HDC, DIG, and HDG faced intense selling pressure, all dropping more than 2,4% from their reference prices. Conversely, some stocks like HQC, CII, and QCG saw strong increases, mirroring the bullish momentum of the Vingroup group.

Investor capital remained cautious, evidenced by a matching order value of approximately 21,500 billion VND, which is lower than the average daily volume last week. No stock reached a trillion VND in trading value. SSI and SHB shared the top positions in liquidity, with 952 billion VND and 927 billion VND respectively.

Foreign investors net sold 1,840 billion VND, the highest level in nearly two months. Selling pressure was most concentrated on VPL, with over 14 million shares. Large-cap stocks such as SSI, ACB, and VIC also saw capital withdrawals by foreign blocs.

According to some experts, the market is heavily influenced by Vingroup stocks. Therefore, as the VN-Index approaches its historical peak, especially if it surpasses 1,800 points, profit-taking pressure will increase. Short-term T+ trades are considered to have limited opportunities during this phase. Investors are advised to realize profits on stocks that have seen strong gains to proactively manage risk and maintain purchasing power as the market approaches important resistance levels.

Phuong Dong