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 settle at 1,240. 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, witnessed the strongest corrections. Vin stocks lost their appeal, 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 suffered significant losses. Among banks, VCB stood out as the only gainer, while BID, CTG, VPB, LPB, and TCB closed in negative territory. In the securities sector, VND witnessed a sharp decline of 3.64%, followed by HCM, MBS, VCI, SSI, VIX, and SHS, all falling by more than 1%.
The technology and telecommunications sector, usually a magnet for speculative money, also witnessed a broad sell-off. 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, erasing 5.34 points from the index.
On the downside, bottom-fishing funds remained cautious, resulting in modest market liquidity. Total matched transactions on the three exchanges reached VND 15,800 billion, with foreign investors net selling VND 711.5 billion. Specifically, they net sold VND 649.9 billion in matched orders.
Foreign investors’ main net-bought stocks in matched orders were in the sectors of Industrial & Consumer Services, Construction & Materials. The top net-bought stocks by foreign investors in matched orders included HAH, MSN, TCB, KBC, VPB, SIP, DPM, VPI, SAB, and FUEVFVND.
On the selling side, foreign investors net sold stocks in the Retail sector. The top net-sold stocks by foreign investors in matched orders included MWG, FPT, VRE, VNM, NLG, CMG, HSG, HDB, and VHM.
Individual investors net bought VND 917.1 billion, of which VND 831.2 billion was in matched orders.
In terms of matched orders, individual investors net bought 13 out of 18 sectors, mainly in the Retail sector. Their top net-bought stocks included MWG, VRE, VNM, VHM, NLG, BID, HDB, HSG, HCM, and MBB.
On the selling side, they net sold 5 out of 18 sectors, mainly in the sectors of Industrial & Consumer Services, Construction & Materials. The top net-sold stocks included HAH, KBC, MSN, CTR, VPB, VHC, KDH, SAB, and TCH.
Proprietary trading groups net sold VND 394.4 billion, of which VND 347.6 billion was in matched orders.
In terms of matched orders, proprietary trading groups net bought 1 out of 18 sectors. Their top net-bought sectors were Automobiles & Parts and Media. The top net-bought stocks by proprietary trading groups in matched orders included SBT, CTG, FRT, DCM, NT2, VHC, HT1, DRC, VPI, and FTS. On the selling 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 VND 129.6 billion, of which VND 166.3 billion was in matched orders.
In terms of matched orders, domestic institutional investors net sold 10 out of 18 sectors, with the largest net selling in the Financial Services sector. Their top net-sold stocks included MSN, TCB, HCM, BID, MBB, GVR, CII, HAH, SSI, and MWG. On the buying 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.
Block trading value today reached VND 2,312.9 billion, down 46.9% from the previous session, accounting for 14.7% of the total trading value.
Notable block trades were observed in VHM, with over 10.6 million shares worth VND 434.4 billion changing hands among individual investors.
Individual investors also participated in block trades of stocks in the Banking sector (LPB, EIB, HDB, STB), large-cap stocks (FPT, VIC), and EVF.
In terms of sector allocation, cash flow increased in Real Estate, Securities, Chemicals, Food & Beverage, Retail, Software & IT Services, and Warehousing & Logistics, while it decreased in Banking, Construction, Oil & Gas Equipment & Services, Water Transport, and Air Transport.
Specifically, in terms of matched orders, cash flow increased in the mid-cap sector (VNMID) while decreasing in the large-cap (VN30) and small-cap (VNSML) sectors.
