Investor sentiment improved following an early week recovery. Consequently, the Ho Chi Minh City Stock Exchange's benchmark index traded positively throughout today's session, closing near 1,808 points—its highest level in the past half month.
The Vingroup group made the largest contribution to this second consecutive session of gains. VIC rose by 0,7% to 194,000 VND, adding 2.3 points to the index. The three other stocks, VHM, VRE, and VPL, also saw slight increases, ranging from 0,3% to 0,8%.
Among the top 10 market-leading stocks, Vietnam Airlines (HVN) ranked third, reaching its daily trading limit at 24,150 VND. The stock closed with no sellers, showing remaining buy orders for over 730,000 units.
On the Ho Chi Minh City Stock Exchange today, nearly 180 stocks closed above their reference prices, significantly outnumbering the approximately 110 declining stocks. The securities sector exhibited the most uniform gains, with all its constituent stocks rising. BSI and APG both hit their daily ceilings, while leading large-cap stocks such as SSI, VIX, VPX, and TCX saw increases ranging from 2% to 6%.
The oil and gas sector regained momentum after an early week sell-off. PVD, POW, BSR, OIL, and PLX all closed above their reference prices. GAS, however, was one of the few stocks that bucked the market trend, falling by 1% to 81,800 VND.
The banking sector displayed a clear divergence. BID, LPB, VCB, and TCB provided support to the index, whereas ACB, MSB, STB, and MBB moved in the opposite direction, declining by 0,4% to 2%.
Following a session of surging liquidity, total market trading value returned to a lower level. Approximately 16,600 billion VND was traded today, a decrease of about 9,000 billion VND compared to the early week session. No single stock on the Ho Chi Minh City Stock Exchange reached 1 trillion VND in matched orders.
Foreign investors also resumed selling. This group sold over 2,200 billion VND, while their purchases amounted to less than 1,900 billion VND.
Analysts from ACB Securities Company indicated the market remains in a corrective trend. They suggest that in the near future, capital flows may gravitate towards stocks with strong fundamentals and attractive valuations. The short-term resistance level is 1,840 points, with a support zone at 1,750 points.
Phuong Dong
