Foreign selling pressure made a surprise comeback today, along with negative sentiment from the South Korean stock market, causing the VN-Index to plunge. The index struggled throughout the session but eventually closed deeply in the red, shedding 9.42 points to fall back to the 1,240-point level. The market breadth was overwhelmingly negative, with 281 declining stocks versus 109 advancing ones.
No sector managed to stay in positive territory. Large-cap sectors, including banking, securities, and real estate, led the decline. Vin stocks lost their luster, with VRE, VHM, and VIC falling by 2.26%, 1.96%, and 0.99%, respectively. Other real estate stocks, such as NVL, NLG, IDC, and PDR, also witnessed steep declines. Among banks, VCB stood out as the only gainer, while BID, CTG, VPB, LPB, and TCB closed in the red. Securities firms also faced a sell-off, with VND plunging 3.64% and HCM, MBS, VCI, SSI, VIX, and SHS all losing over 1%.
The entire market was engulfed in a sea of red, with the usually speculative information technology and telecommunications sectors witnessing heavy selling. FPT and VGI lost 1.03% and 0.97%, respectively. BID, VHM, CTG, MWG, and FPT were the top five stocks dragging down the market, responsible for a loss of 5.34 points.
On the downside, bottom-fishing funds remained cautious, and liquidity on the three exchanges reached 15,800 billion VND. Foreign investors net sold 711.5 billion VND, with a net sell value of 649.9 billion VND in matched orders.
Foreign investors’ net bought matched orders were focused on the Industrial & Business Services, Construction & Materials, and Food & Beverage sectors. The top net bought stocks included HAH, MSN, TCB, KBC, VPB, SIP, DPM, VPI, SAB, and FUEVFVND.
On the sell side, Foreign investors’ net sold matched orders were focused on the Retail sector. The top net sold stocks included MWG, FPT, VRE, VNM, NLG, CMG, HSG, HDB, and VHM.
Individual investors net bought 917.1 billion VND, with a net buy value of 831.2 billion VND in matched orders.
In terms of net buy and sell sectors, Individual investors net bought 13/18 sectors, mainly in the Retail sector. The top net bought stocks included MWG, VRE, VNM, VHM, NLG, BID, HDB, HSG, HCM, and MBB.
On the net sell side, they net sold 5/18 sectors, mainly in the Industrial & Business Services, Construction & Materials, and Food & Beverage sectors. The top net sold stocks included HAH, KBC, MSN, CTR, VPB, VHC, KDH, SAB, and TCH.
Proprietary trading groups net sold 394.4 billion VND, with a net sell value of 347.6 billion VND in matched orders.
In terms of net buy and sell sectors, Proprietary trading groups net bought 1/18 sectors, mainly in the Automobiles & Parts and Media sectors. The top net bought stocks included SBT, CTG, FRT, DCM, NT2, VHC, HT1, DRC, VPI, and FTS. On the net sell side, they focused on the Banking sector, with FPT, VHM, HPG, MBB, VPB, VTP, VCB, BMP, TCB, and MWG being the top net sold stocks.
Domestic institutional investors net bought 129.6 billion VND, with a net buy value of 166.3 billion VND in matched orders.
In terms of net buy and sell sectors, Domestic institutional investors net sold 10/18 sectors, mainly in the Financial Services sector. The top net sold stocks included MSN, TCB, HCM, BID, MBB, GVR, CII, HAH, SSI, and MWG. On the net buy side, they focused on the Information Technology sector, with FPT, VCB, HPG, VCI, KDH, CTR, ACB, VIB, KBC, and VHC being the top net bought stocks.
Today’s matched and negotiated trading value reached 2,312.9 billion VND, a decrease of 46.9% compared to the previous session, contributing 14.7% of the total trading value.
Notable negotiated trades were observed in VHM, with over 10.6 million shares worth 434.4 billion VND changing hands among individual investors.
Individual investors also participated in negotiated trades in the Banking sector (LPB, EIB, HDB, STB), large-cap stocks (FPT, VIC), and EVF.
In terms of fund flow by sector, fund allocation increased in Real Estate, Securities, Chemicals, Food & Beverage, Retail, Software & IT Services, and Warehousing & Logistics while decreasing in Banking, Construction, Oil & Gas Equipment & Services, Water Transport, and Air Transport.
Specifically, for matched orders, fund allocation increased in the mid-cap sector (VNMID) while decreasing in the large-cap (VN30) and small-cap (VNSML) sectors.
