The stock market’s near miss in upgrading its status is no longer a significant event for investors. All attention is now on the Q3 earnings season, with outstanding growth forecasts compared to the same period last year and higher than the previous quarter’s increase. The VN-Index opened positively, and despite occasional dips in sentiment, it closed strongly, gaining nearly 10 points to reach the 1,281 price region.
The breadth was beautiful with 255 gainers and 114 losers. Except for energy, which faced adjustment pressure, most other sectors breathed a sigh of relief. Large-cap real estate stocks performed well, with notable gainers such as VHM, up 2.16%; VIC, up 1.71%; DXG, up 1.31%; SZC, up 3.44%; and KBC, up 1.62%.
Familiar names in the banking sector included ACB, up 2.94%; STB, up 1.34%; MBB, up 1.59%; and TCB, up 1.02%, accompanied by VPB and CTG. In the transportation sector, VTP traded actively from the start, closing at the ceiling price, while HVN gained 3.19%, and ACB rose 6.55%. The materials sector soared on news of anti-dumping duties on imported steel, benefiting HPG.
The top stocks driving the market today were VHM, HPG, ACB, BID, MSN, VIC, and FPT, contributing 5.81 points to the overall market. Bottom-fishing momentum strengthened, with today’s matched orders on three exchanges surpassing yesterday’s, reaching VND18.8 trillion.
Foreign investors sold a net VND142.9 billion, and their matched selling was VND15.2 billion. Their main net buying on matched orders was in Basic Resources, Food & Beverage, and Personal & Household Goods. The top stocks they bought were HPG, TCB, FPT, DBC, VHM, VNM, FRT, VTP, EIB, and VCI.
On the selling side, their main focus was on the Banking sector. The top stocks they sold were VPB, MWG, HDB, CTG, STB, SSI, VCB, PLX, and BID.
Individual investors sold a net VND71.3 billion, including VND148.1 billion in net selling on matched orders. In terms of matched orders, they bought seven out of 18 sectors, mainly Banking. Their top buys included VPB, HDB, STB, VNM, VCB, SSI, CTG, MBB, PVD, and MSN.
On the selling side, they sold 11 out of 18 sectors, mainly Basic Resources and Industrial Goods & Services. Their top sells were HPG, TCB, DBC, VHM, HAH, FPT, FRT, MWG, and EIB.
Proprietary trading bought a net VND53.8 billion, and their net buying on matched orders was VND143.1 billion. In terms of matched orders, proprietary trading bought 12 out of 18 sectors. The top sectors were Retail and Industrial Goods & Services. The top stocks they bought were MWG, HAH, HPG, VHM, FPT, DPR, DBC, BVH, NLG, and HDB. Their main sells were in Banking. The top sold stocks included VPB, VNM, STB, SSI, TPB, EIB, CTG, SAB, ACB, and SSB.
Domestic institutions bought a net VND63.7 billion, and their net buying on matched orders was VND20.1 billion. In terms of matched orders, domestic institutions sold 12 out of 18 sectors, with the largest value in Food & Beverage. Their top sells were TCB, VNM, MBB, VCB, MSN, NLG, VIX, FPT, ACB, and VGC. Their main net buying was in Basic Resources. The top-bought stocks were VPB, HPG, VIB, DBC, STB, VHM, PLX, HSG, HAH, and TPB.
Today’s negotiated trading value reached VND1,310.4 billion, up 55.8% from the previous session, contributing 7.0% of the total trading value.
Notable negotiated trades occurred in VIC, with over 5.7 million shares worth VND236.4 billion changing hands among individual investors. Additionally, there were transactions involving 4.8 million HDB shares (valued at VND129.6 billion) between domestic institutions.
Money flow allocation increased in Banking, Retail, Food & Beverage, Agriculture & Fisheries, Software & Services, and Courier Services, while it decreased in Securities, Real Estate, Steel, Chemicals, and Oil & Gas.
In terms of matched orders, money flow allocation increased in large-cap stocks (VN30) and decreased in mid-cap (VNMID) and small-cap (VNSML) stocks.
