The Vn-Index closed the 8th trading week of 2024 at 1,212 points, up +2.3 points or +0.19% compared to the previous week’s closing level, with strong trading volume.
The average daily trading value (calculated across all 3 exchanges) in week 8 was 26,554 billion VND, up +37.5% compared to the previous week and +42% compared to the 5-week average. This is the highest average monthly trading value since the beginning of October 2023.
Looking at the weekly time frame, trading volume increased significantly in the Banking, Real Estate, Securities, Construction, Steel, and Food sectors.
Foreign investors net sold 1,458.99 billion VND, and if only considering matched orders, their net selling was 2,246.5 billion VND. The main net buying sectors for foreign investors were Real Estate and Chemicals. The top net buyers among foreign investors include the following stocks: VHM, DGC, VIC, VRE, EVF, GMD, BID, VHC, KDH, FRT.
The main net selling sector for foreign investors was Banking. The top net sellers among foreign investors include the following stocks: MWG, VPB, GEX, HPG, MSN, VND, SAB, HCM, DCM.
Individual investors net bought 2,875.1 billion VND, of which their net buying from matched orders was 2,744.6 billion VND. In terms of matched orders, they net bought in 14 out of the 18 sectors, mostly in the Banking sector. The top net buyers among individual investors include the following stocks: VPB, MWG, NVL, HPG, PC1, MSN, FPT, VND, EIB, GEX.
The main net selling sector for individual investors in matched orders included the Real Estate and Financial Services sectors. The top net sellers include the following stocks: VHM, EVF, VRE, VIC, DGC, BID, VCI, DCM, VIX.
Domestic institutional investors net sold 17.09 billion VND, and if only considering matched orders, their net buying was 629.3 billion VND. In terms of matched orders, domestic institutional investors net sold in 9 out of the 18 sectors, with the highest value in the Information Technology sector. The top net sellers among domestic institutional investors include the following stocks: FUEVFVND, DGC, FPT, NKG, HSG, VGC, EIB, CII, SSI, NT2.
The highest net buying value among domestic institutional investors was in the Banking sector. The top net buyers include the following stocks: MWG, DCM, CTG, TCB, VNM, MBB, MSB, VCI, HCM, STB.
Proprietary traders net sold 1,399 billion VND, and if only considering matched orders, their net selling was 1,127.4 billion VND. In terms of matched orders, proprietary traders net bought in 4 out of the 18 sectors. The strongest net buying sectors were Financial Services and Industrial Goods & Services. The top net buyers among proprietary traders in matched orders for the current session include the following stocks: EVF, FUEVFVND, BID, GEX, HCM, AAA, ASM, MSB, E1VFVN30, DIG.
The main net selling sector for proprietary traders was Banking. The top net-selling stocks include NVL, PC1, EIB, MBB, FPT, ACB, STB, MWG, HPG, TCB.
Money flow trends: There was an increase in allocation to Real Estate, Chemicals, Oil & Gas, Chemicals, and Utilities sectors, while a decrease in allocation to Banking, Construction, Steel, Agriculture & Aquaculture, and Logistics & Maintenance sectors.
The proportion of trading value in the large-cap VN30 group reached nearly the highest level in a year, while it decreased in the mid-cap VNMID and small-cap VNSML groups.
In week 8 of 2024, the proportion of trading value in the large-cap VN30 group increased to 45.1%, the highest level in the past 48 weeks (since the end of March 2023). Meanwhile, the proportion of trading value in the mid-cap VNMID group decreased slightly from the previous week but remained relatively high at 42.7%.
In terms of money flow scale, the average daily trading value increased by +46.3% (equivalent to +3,367 billion VND) in the VN30 group, while it increased at a lower rate in the mid-cap and small-cap groups. Specifically, the average daily trading value in the VNMID and VNSML groups increased by +29.3% and +28.4% respectively.
