Today, the VN-Index experienced significant volatility, mirroring the ups and downs of large-cap stocks. The index, representing the TP HCM exchange, at one point surged by 25 points but quickly reversed to fall below its reference level. As selling pressure on VN30 basket stocks eased in the final minutes, the index rebounded, closing near 1,868 points, 12 points higher than yesterday.
This closing level marks a new record for the index. Overall, for the first trading week of the year, the index rose in four sessions and fell in one, accumulating nearly 5%.
The primary driver for the index's increase came from leading banking stocks. VCB alone contributed nearly 8 points to the VN-Index, almost reaching its ceiling price of 68,100 dong. BID, CTG, and MBB were also among the most positive contributors to the market, with increases over 3%. Conversely, some private bank stocks like VPB, STB, HDB, and EIB acted as a drag, losing 2,5% compared to their reference prices.
Investors continued to inject substantial capital into the stock market, evidenced by the weekend's trading value exceeding 39,200 billion dong. Large-cap stocks accounted for over 23,000 billion dong of this total. VCB led in matched order value, with nearly 2,200 billion dong traded. Two other bank stocks, MBB and CTG, followed with approximately 1,800 billion dong and 1,550 billion dong, respectively.
Foreign investors extended their net buying streak to a third consecutive session. This group disbursed approximately 4,740 billion dong and sold 3,930 billion dong, primarily focusing on leading stocks such as MBB, VCB, BSR, BID, and CTG.
The TP HCM exchange experienced a "green outside, red inside" scenario, where the index improved, but the number of declining stocks was double that of advancing ones. Today, 107 stocks closed above their reference price, while approximately 220 stocks declined.
The real estate sector faced intense selling pressure, leading most constituent stocks to close below their reference prices. DXS, CII, and PDR all hit their floor prices, closing with no buyers. Shares of other developers, including Khang Dien, Nam Long, and Novaland, also lost over 5%. VHM of Vinhomes was a rare exception in this group, showing a slight increase of less than 0,5%.
After several sessions of synchronized gains, the oil and gas sector showed strong differentiation. GAS maintained its upward momentum, rising by an additional 6% to 97,000 dong. BSR, PLX, and POW also saw increases of 3-6%. Conversely, profit-taking pressure emerged in smaller-cap stocks like PVD, PVT, and OIL, which decreased by 2-3% from their reference prices.
The securities sector encountered strong selling pressure ahead of its full-year business results announcements. VCK lost 4,6%, followed by VDS, VIX, and VND, all decreasing by over 2,5%.
By Phuong Dong
