The market rally’s slip-up is no longer a significant event for investors. All attention is now on the Q3 earnings season, with exceptional 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, it closed strongly, gaining nearly 10 points to reach the 1,281 level.
Breadth was impressive, with 255 gainers and 114 losers. Except for energy, which faced adjustment pressure, most sectors breathed a sigh of relief. Large-cap real estate stocks performed well, with notable gainers like VHM, up 2.16%; VIC, up 1.71%; DXG, up 1.31%; SZC, up 3.44%; and KBC, up 1.62%.
Banks, as usual, took center stage, with ACB up 2.94%; STB, 1.34%; MBB, 1.59%; and TCB, 1.02%. They were joined by VPB and CTG. The transportation sector saw VTP actively trading from the start, closing at the ceiling price, while HVN gained 3.19%, and ACB rose 6.55%. Materials benefited from news about anti-dumping duties on imported steel, with HPG soaring.
Today’s top performers, contributing 5.81 points to the market, included VHM, HPG, ACB, BID, MSN, VIC, and FPT. Bottom fishing continued to strengthen, with matched orders across the three exchanges today reaching 18.8 trillion VND, higher than yesterday.
Foreign investors sold a net 142.9 billion VND, and their matched selling was 15.2 billion VND. They net bought Basic Resources, Food & Beverage, and matched orders, including HPG, TCB, FPT, DBC, VHM, VNM, FRT, VTP, EIB, and VCI.
On the selling side, they focused on banks, with matched sales of VPB, MWG, HDB, CTG, STB, SSI, VCB, PLX, and BID. Retail investors sold a net 71.3 billion VND in matched orders of 148.1 billion VND. They net bought 7 out of 18 sectors, mainly banks, with top purchases of VPB, HDB, STB, VNM, VCB, SSI, CTG, MBB, PVD, and MSN.
Their matched sales were in 11 out of 18 sectors, primarily Basic Resources and Industrials. Top sells included HPG, TCB, DBC, VHM, HAH, FPT, FRT, MWG, and EIB. Proprietary trading bought a net 53.8 billion VND, and their matched orders bought a net 143.1 billion VND. They net bought 12 out of 18 sectors, with Retail and Industrials being the top sectors. Today’s top purchases by proprietary traders included MWG, HAH, HPG, VHM, FPT, DPR, DBC, BVH, NLG, and HDB. Their top sales were in banks, with VPB, VNM, STB, SSI, TPB, EIB, CTG, SAB, ACB, and SSB.
Domestic institutions net bought 63.7 billion VND, and their matched orders bought a net 20.1 billion VND. They net sold 12 out of 18 sectors in matched orders, with Food & Beverage being the top sector. Their top sells in matched orders were TCB, VNM, MBB, VCB, MSN, NLG, VIX, FPT, ACB, and VGC. Their net buys in matched orders were in Basic Resources, with top purchases of VPB, HPG, VIB, DBC, STB, VHM, PLX, HSG, HAH, and TPB.
Today’s negotiated deals reached 1,310.4 billion VND, up 55.8% from the previous session, contributing 7.0% of the total trading value. Notable negotiated deals were seen in VIC, with over 5.7 million shares worth 236.4 billion VND changing hands between individual investors. Additionally, there was a transfer of 4.8 million HDB shares (valued at 129.6 billion VND) between domestic institutions.
Money flow allocation increased in Banks, Retail, Food & Beverage, Agriculture, Software, and Courier Services, while it decreased in Securities, Real Estate, Steel, Chemicals, and Oil & Gas. In terms of matched orders, the money flow allocation increased in large-cap stocks (VN30) and decreased in mid-cap (VNMID) and small-cap (VNSML) stocks.
