The market correction’s stumble 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 psychological dips, it closed strongly, gaining nearly 10 points to reach the 1,281 price region.
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. The transportation group witnessed a lively trading session for VTP, which closed at the ceiling price, while HVN gained 3.19%, and ACB rose 6.55%. The materials sector soared, fueled by 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 trading volume across the three exchanges surpassing yesterday’s, reaching VND 18,800 billion.
Foreign investors sold a net VND 142.9 billion, and their net selling on the matched trading segment amounted to VND 15.2 billion. Their primary net buying on the matched trading segment was in the Basic Resources, Food & Beverage, and Personal & Household Goods sectors. The top stocks they net bought were HPG, TCB, FPT, DBC, VHM, VNM, FRT, VTP, EIB, and VCI.
On the other hand, their net selling on the matched trading segment focused on 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 VND 71.3 billion, and their net selling on the matched trading segment reached VND 148.1 billion. On the matched trading segment, 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.
Meanwhile, their net selling on the matched trading segment was focused on 11 out of 18 sectors, primarily 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 VND 53.8 billion, and their net buying on the matched trading segment amounted to VND 143.1 billion. On the matched trading segment, proprietary trading accounts net bought 12 out of 18 sectors. Their most substantial net buying was in Retail and Industrial Goods & Services. The top stocks they net bought were MWG, HAH, HPG, VHM, FPT, DPR, DBC, BVH, NLG, and HDB. Their net selling focused on the Banking sector, with top net sold stocks being VPB, VNM, STB, SSI, TPB, EIB, CTG, SAB, ACB, and SSB.
Domestic institutions net bought VND 63.7 billion, and their net buying on the matched trading segment was VND 20.1 billion. On the matched trading segment, domestic institutions net sold 12 out of 18 sectors, with the most significant net selling in Food & Beverage. Their top net sold stocks were TCB, VNM, MBB, VCB, MSN, NLG, VIX, FPT, ACB, and VGC. Their most significant net buying was in 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 VND 1,310.4 billion, a 55.8% increase from the previous session, contributing 7.0% of the total trading value.
Noteworthy negotiated trades included a transaction of over 5.7 million VIC shares, worth VND 236.4 billion, between individual investors. Additionally, there was a transfer of 4.8 million HDB shares (valued at VND 129.6 billion) between domestic institutions.
The 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.
On the matched trading segment, the money flow allocation increased in the large-cap VN30 sector and decreased in the mid-cap VNMID and small-cap VNSML sectors.
