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The Market Beat on Valentine’s Day: Finance Sector Falters but VN-Index Stays in the Green

23 February, 2025

Market liquidity increased compared to the previous trading session, with the VN-Index matching volume reaching over 612 million shares, equivalent to a value of more than 13.9 trillion VND; HNX-Index reached nearly 68.6 million shares, equivalent to a value of more than 1.1 trillion VND.

VN-Index opened the afternoon session with increased selling pressure, and the market continued to fluctuate, but buyers remained dominant, helping the index maintain a positive sentiment until the end of the session. In terms of impact, BID, HVN, GVR, and FPT were the most positive influences on the VN-Index, contributing over 3.6 points. On the other hand, CTG, MSN, STB, and VNM continued to face selling pressure, taking away more than 1 point from the overall index.

Similarly, the HNX-Index also had a positive performance, with the index positively impacted by the performance of KSV (+9.98%), NVB (+9.47%), NTP (+2.29%), and PVS (+1.18%), among others.

At the market close, the market was up 0.54%. The materials sector was the top-performing group, rising 2.21%, mainly driven by gains in KSV (+9.98%), MSR (+14.53%), HPG (+0.77%), and GVR (+3.06%). This was followed by the energy and information technology sectors, which rose 1.6% and 1.19%, respectively. Additionally, the financial sector narrowed its gains and turned slightly negative towards the end of the afternoon session but still managed to stay in positive territory, led by BID (+1.63%), TCB (+0.19%), VPB (+0.53%), and ACB (+0.19%) among others. On the other hand, the consumer staples sector saw the largest decline in the market, falling -0.39%, mainly due to losses in VNM (-0.66%), MCH (-1.37%), MSN (-1.16%), and SAB (-0.19%).

In terms of foreign trading activities, foreign investors continued to be net sellers on the HOSE exchange, offloading nearly 187 billion VND, mainly in VNM (284.64 billion), MWG (169.32 billion), CTG (60.37 billion), and STB (49.16 billion). On the HNX exchange, foreign investors were net buyers, purchasing over 2 billion VND worth of shares, mainly in SHS (26.21 billion), MBS (2.43 billion), IDC (2.26 billion), and PVI (1.89 billion).

Morning Session: Foreign Selling Pressure Eases, Market Extends Gains

Strong buying momentum helped sustain the upward trend. At the end of the morning session, the VN-Index stood at 1,278.19 points, up 7.84 points, or 0.62%, while the HNX-Index surged 1.24% to reach 232.36 points. Market breadth tilted in favor of advancers, with 449 gainers versus 219 decliners.

GVR and BID were the standout performers among the large-cap stocks, contributing significantly to the VN-Index’s upward momentum in the morning session, adding over 2 points to the index. The dominant buying pressure prevented any notable negative impact on the overall market.

The materials sector continued to lead the market, outperforming other sectors, thanks to strong gains in GVR (+3.9%), HPG (+0.77%), HSG (+2.1%), NKG (+1.11%), PHR (+3.03%), and several stocks that hit their daily limit-up, including MSR, BMC, KCB, MTA, and ACM among others. The consecutive gains propelled the materials sector index past the industrial sector, making it the best-performing sector year-to-date.

Source: VietstockFinance

The energy sector also attracted strong buying interest, rising 1.85%. Green dominated the sector, with notable gainers including PVD (+3.62%), PVS (+1.47%), BSR (+1.51%), AAH (+9.8%), PVB (+1.74%), and PVC (+3.7%).

Although the financial sector posted more modest gains, it remained crucial in maintaining market momentum due to its large market capitalization. The best-performing financial stocks were mostly securities firms, including VCI (+2.15%), HCM (+2.07%), SSI (+1.21%), SHS (+2.22%), VIX (+1.49%), VND (+1.58%), ORS (+1.71%), and FTS (+1.96%). The “king” stocks also showed strength, with gains in BVB (+6.47%), BID (+1.38%), SSB (+2.1%), VAB (+4.3%), ABB (+4.11%), and NVB, which hit its daily limit-up.

Additionally, the return of net buying by foreign investors was a notable development, although the value remained relatively modest, at over 40 billion VND on the HOSE exchange. The most actively bought stock by foreign investors was FPT (63.31 billion VND), followed by TCB, VPB, and HPG, with net purchases of around 40-45 billion VND each. However, strong selling pressure from foreign investors in VNM (-144.53 billion) and MWG (-60.27 billion) significantly reduced the overall net buying value in the market.

10:35 am: Money Flows into Financial Stocks, VN-Index Rises Over 6 Points

As of 10:30 am, the VN-Index had gained more than 5 points, trading around 1,275 points. The HNX-Index rose over 2 points, hovering around 231 points.

The majority of stocks in the VN30 basket were in positive territory, painting a largely optimistic picture. The index was positively influenced by notable stocks such as FPT, which added 1.14 points, LPB with a contribution of 0.79 points, VPB adding 0.6 points, and HPG contributing 0.49 points. Conversely, VNM remained under selling pressure, but its impact on the overall index was not significant.

Source: VietstockFinance

It is worth noting that the large-cap stocks, which have the highest market capitalization in the market, witnessed strong buying interest early on, with most financial stocks trading in the green. Specifically, VCB rose 0.11%, BID climbed 0.63%, TCB advanced 0.19%, and VPB gained 0.79%… Conversely, only a few stocks recorded declines, including PTI, which fell 1.34%, DSC down 0.65%, and BIC slipping 0.27%.

On the other hand, the materials sector recorded the strongest recovery in the market, rising 1.8%, despite somewhat mixed performances within the sector. Notable gainers included MSR, which surged 14.53%, HPG up 0.39%, GVR climbing 1.36%, and KSV advancing 9.91%… On the selling side, stocks such as DGC declined 0.65%, VGC fell 0.39%, DCM dropped 1.1%, and DPM slipped 0.27%…

However, the consumer staples sector was the only group to record a slight decline, indicating less favorable dynamics as selling pressure concentrated on large-cap food producers such as VNM, which fell 0.16%, MCH down 1.04%, KDC slipping 0.17%, and MPC losing 0.69%… Conversely, buying interest remained present in some stocks, including MSN, which rose 0.15%, QNS climbing 0.59%, VHC advancing 0.57%, and BAF up 1.04%…

Compared to the opening, buyers dominated the market. There were 417 advancing stocks versus 197 declining stocks.

Source: VietstockFinance

Market Opens: Green Dominates Across Sectors

At the opening bell on February 14, as of 9:30 am, the VN-Index started in positive territory, rising over 6 points to 1,276.45 points. Meanwhile, the HNX-Index edged slightly higher, staying above 232.45 points.

Green prevailed among the stocks in the VN30 basket, with only 1 declining stock, 28 gainers, and 1 stock trading unchanged. VNM was the worst-performing stock in the basket. On the other hand, GVR, SHB, SSI, and BCM were the top gainers.

The materials sector was one of the most prominent groups at the start of the morning session, rising 2.04%. Several stocks recorded positive performances from the beginning of the session, including MSR, which surged 14.53%, DRI climbing 3.03%, GVR advancing 1.53%, NTP up 0.82%, PLC gaining 1.92%, HPG rising 0.77%, and HSG climbing 0.9%…

Along with the materials sector, the industrial sector also contributed positively to the market’s performance. Notable gainers in the sector included ACV, which rose 0.26%, VTP climbing 1.2%, CTD advancing 0.22%, GMD up 0.65%, and PC1 gaining 0.63%…

Ly Hoa

– 14:36 14/02/2025