Following yesterday's strong rebound, investor sentiment showed signs of renewed optimism. This helped the VN-Index jump in the first minutes of this morning's session, at one point accumulating nearly 30 points, approaching 1,700. Selling pressure at high prices caused the index to gradually narrow its gains.
The VN-Index remained in the green for the rest of the session, closing near 1,673 points, 5 points higher than the reference point. The index representing the Ho Chi Minh City Stock Exchange (TP HCM) rose, but the VN30 closed in the red due to strong selling pressure on many leading stocks.
Nearly 170 stocks advanced in the market, of which 11 hit the ceiling. Vietcombank was the most notable case, rising to its limit of 69,100 VND and closing with a surplus of over 4 million units. Vietcombank led the list of stocks with the most positive impact, contributing nearly 9 points to the VN-Index.
The index extended its upward trend, but there was no consensus among industry groups on the increase. Banking - the market's pillar - showed strong divergence. Besides Vietcombank's enthusiastic trading, gains were also seen in BID, STB, SHB, ACB, and HDB. Meanwhile, the remaining stocks all closed below the reference point, with sharp declines concentrated in TPB, LPB, and VPB.
In the securities group, leading stocks like SSI, VIX, and VND all increased by more than 2.5%, but smaller-cap stocks like VDS, BSI, and VCI went against the market and closed below the reference point.
The steel group also faced intense selling pressure. HPG lost 1.7%, falling to 26,750 VND and ranking fourth in the list of stocks with the most negative impact on the index. Smaller-cap stocks like HSG, NKG, and TLH declined by about 1%.
The divergence was more pronounced in the real estate group. Smaller-cap stocks like DXG, DXS, LDG, DIG, and PDR all went up, some even hitting the ceiling, while market pillars like VIC, VHM, and VRE lost between 0.6% and 2.6%.
In addition to the gain in points, the market showed positive signs in terms of liquidity. 1.55 billion shares were traded on the TP HCM exchange, equivalent to nearly 47,050 billion VND. This figure increased by more than 8,000 billion VND compared to the previous session. Instead of being concentrated in the banking group, the cash flow was more dispersed. SSI led with a trading value of over 2,400 billion VND, followed by HPG, VIX, VCB, and FPT.
After a net buying session, foreign investors returned to net selling. This group withdrew more than 4,000 billion VND, marking the second-largest selling session since the beginning of the month. HPG became the focus of foreign net selling with more than 35 million shares, followed by VPB, SSI, and SHB.
Phuong Dong
