The Vn-Index closed the 16th trading week of 2024 at 1,174.85 points, down 101.75 points or 7.97% compared to the close of the 15th week, with a sharp increase in liquidity. This is the steepest weekly decline in points since mid-May 2022.
The total average trading value of the three exchanges in the 16th week reached 30,072 billion VND. In terms of matching orders alone, the average trading value per session was 27,554 billion VND, up 50.3% compared to the previous week and 8.5% compared to the average of the last 5 sessions.
In terms of sectors, the average trading value per session increased in most key sectors, with the strongest increases in the Securities, Banking, Real Estate, Steel, Construction, Chemicals, Food, Oil and Gas, and Information Technology sectors. The price indices of these sectors all declined during the past week.
Foreign investors sold a net 1,371.9 billion VND, while in matched orders they sold a net 1,447.1 billion VND.
Foreign investors’ main net buy orders were in the Industrial Goods & Services and Financial Services groups. The top net buy orders of foreign investors in matched orders include: GEX, MWG, GMD, DIG, VND, VIX, DGC, EVF, FTS, DPG.
Foreign investors’ main net sell orders were in the Banking group. The top net sell orders of foreign investors in matched orders include: VHM, FUEVFVND, CTG, VIC, VRE, HDB, MSN, VCB, MSB
Domestic individual investors net sold 1,839 billion VND. In matched orders alone, they net bought in 5/18 sectors, mainly the Real Estate sector. The top net buy orders of domestic individual investors were concentrated in: VHM, VRE, STB, VIC, CTG, SHB, LPB, TPB, MSN, MSB.
In terms of net sell orders, they net sold in 13/18 sectors, mainly in the Financial Services and Industrial Goods & Services sectors. The top net sell orders include: MWG, HPG, MBB, SSI, FPT, TCB, GMD, DGC, KDH.
Domestic institutional investors net bought 483.3 billion VND, and in matched orders alone they net bought 679.1 billion VND.
In terms of matched orders alone: Domestic institutions net sold in 8/18 sectors, with the largest value in the Construction and Materials group. The top net sell orders include FUEVFVND, STB, VRE, LPB, VPB, CMG, BID, DBC, VCG, DIG.
The largest net buy value was in the Basic Resources group. The top net buy orders include HPG, MWG, TCB, SSI, HAH, KDH, KBC, ACB, GMD, VCB.
Proprietary trading firms net sold 932.7 billion VND, while in matched orders alone they net bought 2,000.1 billion VND. In terms of matched orders alone, proprietary trading firms net bought in 15/18 sectors. The group with the strongest net buying was Banking and Financial Services. The top net buy orders of proprietary trading firms in matched orders on today’s session include FUEVFVND, MBB, HPG, FPT, MWG, ACB, SSI, CTG, HDB, VNM.
The top net sell orders were in the Electricity, Water & Gas group. The top stocks sold include VIX, STB, E1VFVN30, VRE, BAF, FUEVN100, POW, TCH, DXG, HT1.
The proportion of cash flow allocated increased in the Banking, Securities, Steel, Construction, Oil & Gas Equipment & Services, Information Technology, and Electricity sectors, while decreasing in Real Estate, Agriculture & Seafood, Chemicals, Plastic Rubber & Fibers, and Construction Materials.
The proportion of trading value decreased in the large-cap VN30 and small-cap VNSML groups, while increasing in the mid-cap VNMID group.
In the 16th week of 2024, cash flow was concentrated in the VNMID group, with the proportion of trading value reaching 43.7%, up from 39.3% in the previous week. In contrast, the proportion of trading value decreased from 45% to 42.3% in the large-cap VN30 group and from 8.9% to 8.2% in the small-cap VNSML group.
In terms of cash flow volume, the average trading value per session increased in all three capitalization groups, with the VNMID group showing the strongest increase (+4,183 billion VND), followed by the VN30 (+2,735 billion VND) and the VNSML (+481 billion VND).
In terms of price movements, the VNMID and VNSML indices were under more selling pressure than the overall market, with declines of -10.29% and -8.53%, respectively. Meanwhile, the VN30 index declined -90.71 points, or -7.06%.
