Stocks rise cautiously, less money comes in

The stock market closed the trading session on August 18 in green as the VN-Index increased by more than 6 points. However, cash flow showed signs of caution as liquidity decreased sharply.

The stock market continues to increase but with reduced liquidity - Photo: QUANG DINH

The entire stock market today recorded 412 stocks increasing in price, overwhelming 355 stocks decreasing. However, investors' caution was still quite evident, as the index continuously approached new peaks.

Liquidity on HoSE reached over VND45,000 billion, significantly lower than the figure of nearly VND60,000 billion of the session at the end of last week. At the same time, this is also the lowest level in the past 10 days.

Regarding detailed developments, out of 19 industry groups, 8 groups are under pressure to adjust, the rest mostly maintain their upward momentum but the level of excitement has cooled down compared to last week.

Of which, banking and securities were differentiated. The banking sector index increased by 0.28% thanks to the support ofSHB (+2.17%), VPB (+2.89%), EIB (+2.69%), TPB (+3.33%), TCB (+0.93%), ACB (+1.88%) and VCB (+0.31%). The remaining stocks mostly decreased.

The securities group saw a broad decline, except for some stocks that went against the trend such as VIX or small-cap stocks VDS, DSE, DSC, ORS. Notably, both banking and securities groups were subject to strong foreign net selling.

Although liquidity on all three exchanges decreased to VND49,600 billion, cash flow still flowed into the oil and gas, real estate, industrial park and public investment groups, helping a series of stocks to make a strong breakthrough.

Among them, oil and gas emerged as the highlight of the market when BSR shares hit the ceiling, pulling the entire industry up. Insurance, steel, construction - materials and chemicals also showed impressive resilience with significantly improved liquidity, and were actively bought by foreign investors.

Regarding the real estate group, if in the morning session, this group was immersed in red with a decrease of nearly 1% and many large stocks such as VIC, DIG, CEO or DXG all adjusted, then in the afternoon session, it recovered significantly. The ceiling increase of PDR was the highlight of this group.

But the focus of the market today is probably KBC of Kinh Bac Urban Development Corporation. This code broke out strongly, increasing to the ceiling price of 35,050 VND/share with a ceiling buy surplus of more than 5.5 million units.

Since the bottom in April 2025, KBC has brought a profit of nearly 50% to investors, while bringing the company's capitalization close to the 31,000 billion VND mark.

In contrast to the above bright spots, many other industries such as information technology, aviation, retail, textiles, personal goods and telecommunications performed less positively, with liquidity falling below the average of the last 5 sessions.

Foreign investors continue to net withdraw from the stock market

Foreign investors continued to net sell strongly with a value of more than 2,000 billion VND. Selling pressure focused on SHB, VPB,FPT , VIX, MBB, CTG, MWG...

Before this session took place, most forecasts from securities companies said that the market entering the new week would inevitably fluctuate as the index continuously broke the peak.

According to VCBS analysts, fluctuations are inevitable when the index is on a trend to conquer higher points.

Therefore, they recommended that investors limit buying stocks that have shown strong growth momentum, and should prioritize choosing stocks that show signs of attracting cash flow and rebounding from the most recent accumulation base to consider increasing the proportion during this period.

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BINH KHANH

Source: https://tuoitre.vn/chung-khoan-tang-diem-trong-than-trong-tien-vao-it-hon-20250818155518137.htm