The VN-Index ended its four-day winning streak, falling slightly by 1.27 points to 1,282 after trading near the 1,300 mark.
Market breadth turned negative with 228 declining stocks against 171 gainers. Large-cap sectors posted slight gains, with banks up 0.08%, securities up 0.54%, and real estate management and development up 0.17%.
On the other hand, most other sectors witnessed corrections, including steel (-0.71%), food and beverage (-0.56%), transportation (-0.03%), telecommunications services (-1.03%), and energy (-0.48%). Key stocks that dragged the market down included HPG, VNM, and VCB, along with MBB, GVR, BID, GAS, and VIC.
Stocks that attempted to prop up the index included SSB, TCB, CTG, VRE, and MSN. As the index approached the 1,300 mark, liquidity slowed, with total matched transactions on the three exchanges reaching 17,300 billion VND. Foreign investors net sold 544.6 billion VND, with net selling of 444 billion VND in matched transactions.
The foreign-invested sectors with the highest net buying in matched transactions were information technology and retail. The top net bought stocks by foreign investors in matched transactions included FPT, STB, VCB, DGC, MWG, CTG, FRT, PDR, TPB, and TCH.
On the selling side, foreign investors net sold basic resources stocks in matched transactions. The top net sold stocks in matched transactions by foreign investors included HPG, HSG, VPB, HDB, PVD, VGC, DIG, BID, and MSN.
Individual investors net bought 354.1 billion VND, with a net buy of 286.2 billion VND in matched transactions. In matched transactions, they net bought 7 out of 18 sectors, mainly basic resources. The top net bought stocks by individual investors included HPG, HSG, HDB, VPB, PVD, EIB, OCB, VGC, VIX, and DIG.
In terms of net selling in matched transactions, they net sold 11 out of 18 sectors, mainly information technology and retail. The top net sold stocks included FPT, VNM, STB, DGC, VCB, MWG, CTG, PDR, and PC1.
Proprietary trading accounted for a net buy of 105.8 billion VND, with a net buy of 171.5 billion VND in matched transactions.
In matched transactions, proprietary trading net bought 10 out of 18 sectors. The most net bought sectors were food and beverage, construction and materials. The top net bought stocks by proprietary trading on the day were VNM, PC1, PNJ, LPB, VHM, CTG, GAS, DXG, MBB, and MWG.
The top net sold sector was information technology. The top net sold stocks included FPT, VIB, HPG, NHH, VPB, STB, VRE, TPB, MSN, and HDB.
Domestic institutional investors net bought 12.3 billion VND, while net selling 13.8 billion VND in matched transactions. In matched transactions, domestic institutions net sold 8 out of 18 sectors, with the highest value in information technology. The top net sold stocks included FPT, EIB, VIX, HPG, FRT, REE, PVD, CTG, VGC, and CTD.
The most net bought sector in terms of value was industrial goods and services. The top net bought stocks included PNJ, MBB, FUEVFVND, VPB, GMD, MSN, DCM, TCB, ACB, and STB.
Today’s matched transactions reached 1,698.6 billion VND, a decrease of 43.5% compared to the previous session, contributing 9.8% of the total trading value.
Notable matched transactions included foreign investors in CTG, FPT, CMG, and ACB; domestic individuals in TCB, MSN, KOS, HNG, KDC, and FRT; and domestic institutions in TCD and SSB.
Additionally, matched transactions were recorded in MWG, SHB, and EIB among domestic individuals, institutions, and foreign investors.
Cash flow allocation increased in real estate, securities, steel, food, building materials, and personal goods, while decreasing in banks, retail, construction, and chemicals.
In terms of matched transactions, cash flow allocation increased in mid-cap (VNMID) and small-cap (VNSML) stocks while decreasing in large-cap (VN30) stocks.
Investing in a volatile market: Should beginners consider putting money into high-yield bonds for 10-30% yearly profit?
Short-term stock market trading has proven to be a risky venture for many investors, leading to substantial losses. However, there are a few select open funds that have managed to achieve impressive returns, reaching up to 30%.
Bank stocks sold off heavily
Today (2/2), the VN-Index continues to rise, but in a cautious trading atmosphere. It is noteworthy that most banking stocks in the VN30 basket are facing strong selling pressure.
