Home Markets The Stock Market Week of February 10-14, 2025: Foreign Investors Continue Their...

Markets

The Stock Market Week of February 10-14, 2025: Foreign Investors Continue Their Selling Spree

23 February, 2025

I. VIETNAMESE STOCK MARKET WEEK 10-14/02/2025

Trading: The main indices continued to rise in the last trading session of the week. By the end of February 14, VN-Index increased by 0.45% compared to the previous session, reaching 1,276.08 points; HNX-Index rose by 0.74% to 231.22 points. For the whole week, the VN-Index gained 0.88 points (+0.07%), while the HNX-Index added 1.73 points (+0.75%).

The market slowed down significantly after three consecutive weeks of gains. Following a sharp plunge at the beginning of the week, the indices quickly balanced out, but the subsequent sessions saw a tug-of-war between buyers and sellers, along with declining trading volume, indicating investor uncertainty near the previous highs. The final session’s upward movement was not entirely convincing as the indices opened with a gap up, but buying momentum faded toward the end, once again highlighting the hesitation of funds despite persistent demand. The VN-Index ended the week at the 1,276.08 level.

In terms of impact, BID, HVN, and GVR contributed the most to the VN-Index’s rise in the last session, adding 3 points. The negative influence was not significant, with CTG, MSN, and STB being the most notable adjusters, taking away nearly 1 point from the overall index.

Green dominated most industry groups. The materials sector led the market, surging 2.21%, with standout performances from stocks like GVR (+3.06%), HSG (+2.1%), PHR (+%), and NTP (+2.29%). Numerous stocks also hit the ceiling price, including MSR, BMC, KSV, KCB, MTA, ACM, and FCM, among others.

Following closely was the energy sector, which also attracted strong buying interest, climbing 1.6%. Notable gainers with substantial volume included PVD (+3.19%), PVS (+1.18%), BSR (+1.26%), AAH (+9.8%), PVC (+2.78%), and NBC (+4.39%).

The only group that lagged was essential consumer goods, dragged down by selling pressure in large-cap stocks such as VNM (-0.66%), MSN (-1.16%), MCH (-1.37%), HNG (-2.74%), ANV (-1.18%), and PAN (-1.64%).

Foreign investors continued to net sell nearly VND 1,882 billion on both exchanges during the week. They net sold over VND 1,851 billion on the HOSE and almost VND 31 billion on the HNX.

Trading value of foreign investors on HOSE, HNX, and UPCOM by day. Unit: VND billion

Net trading value by stock code. Unit: VND billion

Stocks with notable performance during the week include FCM

FCM rose 16.71%: FCM experienced a vibrant trading week, surging 16.71%. The stock witnessed robust buying interest, climbing in 4 out of 5 sessions, and formed bullish candlestick patterns like Rising Window and White Marubozu. Moreover, trading volume remained above the 20-day average, indicating active participation from investors.

However, the Stochastic Oscillator is venturing deep into overbought territory. This suggests that the potential for a downward correction may increase if a sell signal emerges.

Stocks with significant declines during the week include HTN

HTN fell 11.12%: HTN underwent a challenging trading week, recording losses in 4 out of 5 sessions, and slipped below the SMA 200 and the Middle Band of Bollinger Bands. This indicates strong selling pressure on the stock.

Currently, the Stochastic Oscillator and MACD are trending downward after generating sell signals, suggesting that the risk of short-term corrections persists.

II. STOCK MARKET STATISTICS FOR THE PAST WEEK