Many securities firms were pessimistic about the VN-Index's short-term outlook after a five-session losing streak and with Tet approaching. However, the benchmark index for the Ho Chi Minh City stock exchange showed the opposite, maintaining gains due to strong capital inflow into large-cap stocks. The index briefly approached the psychological threshold of 1,800 points, 46 points higher than its reference. Gains narrowed in the final minutes to 43 points, closing at 1,796 points.
The VN30 index rose nearly 50 points today, reclaiming the 2,000-point mark.
Gains dominated the Ho Chi Minh City stock exchange, with 273 codes closing above their reference price, four times the number of declining stocks. The large-cap basket showed a greater disparity, with 27 gaining codes, nine times the number of declining codes.
Vingroup Group-related stocks continued to drive the index up. VIC added 6.6% to 150,800 dong, contributing over 15 points to the VN-Index. VHM, VPL, and VRE also improved with gains of about 1.7%.
By sector, banking led the market. All banking stocks closed above their reference price. EIB led, hitting its ceiling price of 21,700 dong and recording 13.4 million unfilled buy orders. Leading stocks such as: VCB, CTG, BID, HDB, MBB, VPB all rose over 2%.
The securities group also saw strong positive sentiment. VIX and SSI shared the two leading positions, rising 4.7% and 4.2% respectively. Mid- and small-cap stocks in this group all gained over 1% compared to their reference.
In the steel group, HPG rose 1% to nearly 27,000 dong, among stocks positively impacting market sentiment.
Oil and gas was one of the few groups to show strong divergence. While BSR, PVT, POW, PVD aligned with the market trend, two leading stocks went against it. PLX and GAS lost 3% and 5.3% respectively, both among the ten stocks negatively affecting the VN-Index.
Liquidity on the Ho Chi Minh City stock exchange improved significantly today compared to the previous session, reaching over 31,200 billion dong. The large-cap basket accounted for more than half of this. MBB saw a surge in matched order value with over 3,000 billion dong, far surpassing other stocks like SHB, MWG, HDB, and VIC.
Foreign investors traded enthusiastically in the mid-week session. This group disbursed over 5,140 billion dong, while only selling about 3,000 billion dong. The net buying value of 2,086 billion dong was the highest in over two months. MBB was the primary focus of foreign disbursement, with nearly 49 million shares.
Phuong Dong
