The market rally’s slip-up is no longer a significant event for investors. All attention is now on the Q3 earnings season, with forecasts of exceptional growth 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 approach the 1,281 level.
The breadth was impressive, with 255 gainers and 114 losers. Except for the energy sector, which faced adjustment pressure, most other industries 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%.
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 saw active trading from the start, closing at the ceiling price, while HVN gained 3.19%, and ACB rose 6.55%. The materials sector benefited from news about anti-dumping duties on imported steel, boosting 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 continued to strengthen, with today’s matched orders across the three exchanges surpassing yesterday’s, reaching VND18,800 billion.
Foreign investors sold a net VND142.9 billion, and their net selling on matched orders was VND15.2 billion. Their main net buying on matched orders was in the Basic Resources, Food & Beverage, and Financial Services sectors. The top stocks they net bought were HPG, TCB, FPT, DBC, VHM, VNM, FRT, VTP, EIB, and VCI.
On the selling side, their main focus was the Banking sector. The top stocks they net sold were VPB, MWG, HDB, CTG, STB, SSI, VCB, PLX, and BID.
Individual investors sold a net VND71.3 billion, including net selling of VND148.1 billion on matched orders. On matched orders, they net bought 7 out of 18 sectors, mainly in Banking. Their top net bought stocks included VPB, HDB, STB, VNM, VCB, SSI, CTG, MBB, PVD, and MSN.
On the net selling side, they net sold 11 out of 18 sectors, mainly in Basic Resources and Industrial Goods & Services. Their top net sold stocks were HPG, TCB, DBC, VHM, HAH, FPT, FRT, MWG, and EIB.
Proprietary trading accounts net bought VND53.8 billion, and their net buying on matched orders was VND143.1 billion. On matched orders, they net bought 12 out of 18 sectors, with the strongest being Retail and Industrial Goods & Services. The top net bought stocks by proprietary traders today were MWG, HAH, HPG, VHM, FPT, DPR, DBC, BVH, NLG, and HDB. Their top net sold sector was Banking, with VPB, VNM, STB, SSI, TPB, EIB, CTG, SAB, ACB, and SSB being the most sold stocks.
Domestic institutions net bought VND63.7 billion, and their net buying on matched orders was VND20.1 billion. On matched orders, domestic institutions net sold 12 out of 18 sectors, with the highest value in Food & Beverage. Their top net sold stocks were TCB, VNM, MBB, VCB, MSN, NLG, VIX, FPT, ACB, and VGC. Their top net bought sector was Basic Resources. The top net 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 included VIC, with over 5.7 million shares worth VND236.4 billion changing hands among individual investors. There was also a transfer of 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, and Courier Services, while it decreased in Securities, Real Estate, Steel, Chemicals, and Oil & Gas.
Specifically, for matched orders, the money flow allocation increased in the large-cap VN30 sector and decreased in the mid-cap VNMID and small-cap VNSML sectors.
