Market liquidity decreased compared to the previous trading session, with the VN-Index‘s matched trading volume reaching over 388 million shares, equivalent to a value of more than 9.5 trillion VND; the HNX-Index reached over 33.6 million shares, equivalent to a value of more than 610 billion VND.

The VN-Index continued to fluctuate around the reference level at the beginning of the afternoon session but closed in the green. In terms of impact, VCB, LPB, BVH, and HPG were the most positive influences on the VN-Index, contributing over 2.3 points. On the other hand, FPT, BID, GAS, and MSN had the most negative impact, taking away 1.1 points from the index.

Top 10 stocks with the highest impact on the VN-Index on 02/12/2024

Similarly, the HNX-Index also had a positive performance, influenced by the gains in DHT (+9.94%), PVI (+1.62%), HGM (+8.67%), and MBS (+1.07%)…

The telecommunications sector was the top-performing group, rising 2.25%, led by VGI (+2.87%), YEG (+1.36%), FOX (+0.36%), and ELC (+0.95%). This was followed by the healthcare and materials sectors, which increased by 1.6% and 0.44%, respectively. On the other hand, the industrial sector witnessed the sharpest decline in the market, falling by 0.87%, mainly due to losses in ACV (-2.61%), VJC (-0.1%), MVN (-1.36%), and VEF (-0.86%).

In terms of foreign trading, they returned to net selling, offloading more than 421 billion VND on the HOSE exchange, focusing on stocks such as FPT (164.07 billion VND), VRE (67.66 billion VND), HPG (58.99 billion VND), and KDH (58.07 billion VND). On the HNX exchange, foreign investors net sold 410 million VND, mainly offloading PVS (9.32 billion VND), LAS (1.84 billion VND), BVS (1.83 billion VND), and DTD (980 million VND).

Foreign Trading – Net Buying/Selling

Morning Session: Back to a Divided Market

The market was divided, and trading slowed down towards the end of the morning session. At the midday break, the VN-Index trimmed its gains from over 7 points earlier to just 1.72 points, standing at 1,252.2 points; the HNX-Index also eased to a 0.26% gain, reaching 225.24 points. The market breadth was relatively balanced, with 296 gainers, 277 losers, and 1,012 stocks ending unchanged.

The VN-Index‘s matched trading volume in the morning remained low, reaching over 200 million shares, equivalent to a value of more than 4.8 trillion VND. The HNX-Index recorded a matched volume of nearly 17 million shares, with a value of over 294 billion VND.

In terms of impact, VCB and LPB were the main pillars supporting the indices in the morning session, with these two stocks alone contributing 2 points to the VN-Index. Meanwhile, no particular stock had a significant negative impact.

Sectors that attracted strong buying interest last week continued their upward momentum this morning, including healthcare, telecommunications, and insurance. However, money flows became more selective, focusing on standout stocks such as DHT and TTD, which hit the daily limit-up, DHG (+1.29%), IMP (+0.78%), DBD (+1.95%); VGI (+1.44%), FOX (+0.82%), YEG (+1.36%); BVH (+2.74%), PVI (+1.01%), MIG (+1.93%), and BLI (+3.09%).

It is worth noting that stocks related to public investment are making a comeback after a long period of inactivity, following the National Assembly’s passage of the amended Law on Public Investment last week. Many stocks witnessed strong breakouts, such as HHV (+4.11%), PLC (+3.9%), VCG (+3.45%), C4G (+3.95%), KSB (+2.87%), FCN (+2.44%), etc. Most other sectors were divided, with stocks fluctuating slightly around the reference level.

Foreign investors net sold nearly 278 billion VND on the HOSE exchange this morning, with FPT being the most sold stock after a previous buying streak. On the HNX exchange, they net sold over 17 billion VND, focusing their sales on PVS.

10:40 am: Early Gains Trimmed, Net Foreign Selling Pressure

Selling pressure resurfaced, eroding the early gains. Currently, the main indices are fluctuating around the reference level. As of 10:30 am, the VN-Index rose slightly by 2.12 points, hovering around 1,252 points. The HNX-Index gained 0.88 points, trading around 225 points.

Stocks in the VN30 basket were divided, with 14 gainers, 13 losers, and 3 unchanged. Specifically, HPG, VCB, FPT, and HDB contributed 0.7 points, 0.54 points, 0.5 points, and 0.21 points to the index, respectively. Conversely, STB, MWG, TCB, and MSN had the most significant negative impact, taking away more than 1.1 points from the VN30-Index.

Telecommunications stocks led the market’s advance, rebounding by 1.65%. However, the sector’s breadth was somewhat divided. Buying interest concentrated on large-cap stocks such as CTR (+0.25%), VGI (+1.99%), FOX (+1.13%), and ELC (+0.57%)…

On the other hand, a section of small-cap stocks remained stagnant, including VTK, ONE, ABC, and SED… Meanwhile, selling pressure persisted in some stocks, including MFS (-0.83%), TTN (-1.62%), ICT (-1.13%), and VNZ (-1.31%)…

Currently, the telecommunications sector boasts the highest return rate in the market since the beginning of the year, with gains of over 300%. It is on its way back to its previous long-term uptrend after a sharp correction in July-August 2024.

Source: VietstockFinance

Following closely, healthcare stocks also posted solid gains, although the sector’s breadth was divided, with most stocks ending unchanged. Buying interest centered on large-cap stocks, including DHT (+9.83%), DHG (+1.78%), IMP (+0.33%), and DVM (+1.27%). Meanwhile, a few stocks edged lower, such as FIT (-0.24%), DVN (-0.39%), and AGP (-0.26%).

Compared to the opening, buyers and sellers were locked in a tight battle, with over 1,000 stocks ending unchanged and buyers slightly gaining the upper hand. There were 323 gainers (including 13 at the upper limit) and 223 losers (including 5 at the lower limit).

Source: VietstockFinance

Additionally, as of 10:30 am, foreign investors net sold over 109 billion VND. The selling pressure was mainly on FPT (36.01 billion VND), HPG (21.59 billion VND), VRE (21.45 billion VND), and VCB (13.52 billion VND). Conversely, PNJ, LPB, and CTG were the most net bought stocks, with a total value of over 85 billion VND.

Source: VietstockFinance

Opening: Positive Start

At the start of the December 2 session, as of 9:30 am, the VN-Index was in the green, climbing to 1,256.48 points. Meanwhile, the HNX-Index edged slightly higher, staying at 225.97 points.

The VN30 basket was mostly in positive territory, with 3 losers, 23 gainers, and 4 unchanged stocks. Specifically, VJC, VIB, and VHM were the top losers, while BVH, VCB, and HPG were the best performers.

Telecommunications services stocks were among the most prominent sectors in the early morning session. Many stocks in this sector traded in the green from the beginning, including VGI (+2.87%), CTR (+1.26%), MFS (+0.55%), ELC (+1.15%), and YEG (+0.45%)…

Along with this, healthcare stocks also contributed positively to the market’s performance this morning. Notably, stocks like DHT (+9.39%), TNH (+0.49%), DVM (+1.27%), and IMP (+0.33%) advanced, while the remaining stocks were mostly unchanged.

Ly Hoa

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