A spectacular derivatives expiry session. With pressure relieved, sentiment remained cautious throughout the morning, causing the index to continue its downward trend. However, as the afternoon progressed, buying momentum intensified, and the market staged a strong recovery, surging 7 points to close at 1,286. The breadth improved significantly, with 224 gainers overpowering 128 losers. This turnaround was led by the two large-cap groups: banks and real estate, which witnessed a majority of their constituents turning green.
Among banks, HDB stood out as the sole decliner, while the rest finished firmly in positive territory, including STB, LPB, MBB, TPB, and ACB. The large-cap banks, such as VCB, BID, CTG, and TCB, also closed higher but with relatively modest gains. Meanwhile, several real estate stocks soared to their daily limit-up levels, including NHA, PDR, and DXG, while others, such as CEO, DIG, NVL, HDC, and NLG, posted substantial gains.
The brokerage group also showcased its strength, with SSI, VCI, VIX, VND, and MBS climbing by an average of 2%. No sector was left behind, as most other sectors painted a lush green picture, including Materials, Software, Telecom, and Energy. The market movers for the day included heavyweights VCB, BID, MBB, STB, ACB, CTG, and MSB, with the banking sector alone contributing nearly 4 points to the index’s gains.
Funds are flowing into the market, evident from the rising liquidity across the three exchanges, totaling 18 trillion VND. Foreign investors, however, remained net sellers, offloading a net 418.8 billion VND, with a net sell figure of 359.3 billion VND in the matched-order trading.
On the buying side, their focus was on the Financial Services and Oil & Gas sectors. The top stocks purchased by foreign investors in the matched-order trading included STB, MSN, DXG, VCI, EIB, SSI, BMP, DIG, NTL, and PLX.
Conversely, they net-sold stocks in the Real Estate sector. The top stocks sold by foreign investors in the matched-order trading were HDB, DBC, KDH, NLG, VHM, GMD, GVR, VNM, and FPT.
Individual investors were net buyers to the tune of 353.8 billion VND, with a net buy figure of 603.9 billion VND in the matched-order trading.
In the matched-order trading, they bought 13 out of 18 sectors, primarily focusing on the Real Estate sector. Their top purchases included HDB, DBC, NLG, FPT, KDH, VIB, GVR, MSB, VHM, and TCB.
On the selling side, they offloaded stocks in 5 out of 18 sectors, mainly in the Basic Resources and Media sectors. The top stocks sold by individual investors included STB, VPB, DXG, EIB, MSN, SSI, BMP, NTL, and VCI.
Proprietary trading accounted for a net buy position of 261.7 billion VND, while in the matched-order trading, they were net sellers at 38 billion VND.
In the matched-order trading, proprietary trading bought 8 out of 18 sectors, with the highest net buy value in the Food & Beverage and Construction & Materials sectors. The top stocks purchased by proprietary trading included VPB, VNM, MSN, MBB, PC1, VHM, PNJ, PAN, YEG, and HPG. On the selling side, they offloaded stocks in the Banking sector, with the top sold stocks being VIB, FPT, TCB, CTG, HDB, E1VFVN30, MWG, SHB, STB, and SSB.
Domestic institutional investors were net sellers at 211.2 billion VND, with a net sell figure of 206.5 billion VND in the matched-order trading.
In the matched-order trading, domestic institutions sold 15 out of 18 sectors, with the highest net sell value in the Banking sector. The top sold stocks by domestic institutions included PLX, ACB, GVR, VRE, STB, POW, VCI, VNM, MBB, and PNJ. On the buying side, they focused on the Basic Resources sector, with the top purchases being HPG, EIB, DXG, VPB, BWE, HAH, GMD, KDH, GEX, and NAB.
Block deals today amounted to 3,251.2 billion VND, an increase of 85.6% compared to the previous session, contributing 17.5% to the total trading value.
Notably, there was a block deal in MSB, with 11.3 million shares worth 152.6 billion VND changing hands between foreign institutions.
Additionally, individual investors continued to participate in block deals involving stocks in the Banking sector (STB, HDB, SSB), FPT, and GEX.
In terms of sector allocation, money flow increased in Real Estate, Banking, Securities, Steel, and Textiles, while it decreased in Construction, Chemicals, Food & Beverage, Retail, and Software.
Specifically, in the matched-order trading, money flow increased in the mid-cap sector (VNMID) while decreasing in the large-cap (VN30) and small-cap (VNSML) sectors.
