The market unexpectedly experienced heavy selling pressure in the first trading session of the week. In the morning session, the Vn-Index dropped nearly 40 points as stocks plunged. The record-high trading volume reached nearly 28,000 billion.
However, thanks to the support from Vingroup stocks after the news that the corporation sold VRE, which is no longer its subsidiary, VRE shares quickly rebounded and became the driving force for the market’s recovery. At the end of the session, the index only decreased by 20 points to the price range of 1,243.56 points, equivalent to a 1.60% decrease. The negative breadth was evidenced by 407 declining stocks compared to 103 advancing ones.
Within the real estate sector, which maintained a rare increase of 1.04%, besides VRE, DIG and TCH also hit the ceiling price. VIC increased by 2.83%. The real estate group contributed to a 3.4-point pullback for the market. Additionally, DHG contributed 0.21 point after a 5.95% increase.
On the other hand, all other sectors experienced a decline, although the damage was less significant compared to the morning session. The chemical sector dropped by 5.21%; Securities decreased by 3.51%; Banking sector decreased by 1.74%; Oil and gas sector decreased by 2.84%; Information technology decreased by 2.47%; Seafood, Construction materials, and other sectors also declined by more than 1%. The top stocks that supported the market today include GVR gaining 2 points, CTG gaining 1.90 points, and VCB gaining 1.36 points, along with GAS, TCB, FPT, VPB, DGC.
The three exchanges’ liquidity reached a record-high of 48,000 billion in trading value, in which foreign investors continued to sell heavily, with a net sell of 885.4 billion, and a net sell of 121.2 billion in matched trades.
The main buying group of foreign investors was the Real Estate and Retail sectors. The top net buyers of foreign investors included VRE, DIG, FRT, EIB, MSN, VIC, TCH, PDR, STB, GMD.
The main selling group of foreign investors was the Chemical sector. The top net sellers of foreign investors included VHM, DGC, VPB, VNM, HPG, PVD, SSI, KBC, PC1.
Individual investors net sold 815.3 billion, in which they net sold 706.2 billion in matched trades. In matched trades, they had a net buy in 7 out of 18 sectors, mainly in the Chemical sector. The top net buyers among individual investors were VHM, VPB, VNM, PVD, HSG, DGC, NVL, KBC, DPM, SSI.
On the selling side, individual investors net sold 11 out of 18 sectors, mainly in the Banking and Real Estate groups. The top net sellers included VRE, ACB, DIG, MSN, MBB, VIC, STB, GAS, HPG.
Proprietary traders net bought 1,287.4 billion, and they net bought 520.1 billion in matched trades. In matched trades, proprietary traders net bought in 14 out of 18 sectors. The strongest net buying sector was the Banking and Basic Resources sectors. The top net buyers of proprietary traders in today’s session were HPG, MBB, FUEVFVND, GAS, FPT, TCB, HDG, VRE, ACB, MWG.
On the selling side, the Construction and Materials sector was the top net seller. Top net sold stocks included TCH, PHR, VPB, VHM, PDR, VTP, NBB, KDH, DIG, VND.
Domestic institutional investors net bought 457.4 billion, and they net bought 307.3 billion in matched trades. In matched trades, domestic institutional investors net sold 4 out of 18 sectors, with the highest value in the Real Estate group. The top net sellers included NVL, VHM, VRE, FPT, HSG, HDG, PDR, FUESSVFL, E1VFVN30, EVF.
The highest value net buy was in the Banking sector. The top net buyers included ACB, DGC, NBB, HPG, DCM, GAS, HCM, VCI, KDH, PLX.
Agreed trading value reached 2,991.8 billion, increasing by 78.8% compared to the previous session, and contributing 6.2% to the total trading value.
The top agreed trading was the FUEVFVND fund certificates traded between foreign institutional investors (sellers) and domestic proprietary traders (buyers). Additionally, there were also agreed trades between individual investors in VIC shares.
The allocation of funds increased in the Real Estate, Securities, Construction, Chemical, Agricultural & Seafood sectors, Plastics & fibers, while it decreased in the Banking, Steel, Retail, Food, and Electrical Equipment sectors.
In matched trades, the allocation of trading value increased in the VNMID group, while it decreased in the large-cap VN30 group and the small-cap VNSML group.
