Real estate stocks surge, foreign investors net sell nearly 3,000 billion VND on September 3

During the trading session, the selling pressure is increasing, over 60 codes have shown correction signals and selling pressure is increasing. As of 2:30 today, the selling pressure has increased to 70 codes, the cash flow is rotating between the main industries of real estate and steel, selling pressure is concentrated on the banking and securities groups. Selling positions are being prioritized more this week.

The highlight of today's session was the group of steel stocks. Before the news that China would promote steel production cuts in the 2025-2026 period, HSG and NKG hit the ceiling of VND19,600 and VND16,950, respectively, while HPG also increased by 2.36% to VND28,150. And the positive sentiment also spread to the real estate, construction, mineral, technology, oil and gas groups....; In particular, the most impressive today was the small and medium real estate and construction stocks with a series of codes increasing to the ceiling or near the ceiling such as CII, CCC and DIG in the morning session, in the afternoon session, DXS and PDR joined the purple race, while LDG, DXG, TDC, DRH, HTN also increased by around 5%. PDR was the most actively traded code in the afternoon session with a total of nearly 56 million units matched, top 3 liquidity on HOSE.

On the contrary, there are 110 stocks decreasing in price, under pressure to adjust, differentiated in the banking, securities, fertilizer, retail groups...

At the end of the trading session, VN-Index decreased by 0.91 points (-0.05%), down to 1,681.3 points; HNX-Index increased by 2.72 points (+0.97%), up to 282.7 points. Meanwhile, VN30 decreased by 5.79 points (-0.31%) to 1,859.59 points, below the old peak price around 1,880 points.

Market liquidity decreased compared to the previous trading session, with the trading volume of VN-Index reaching more than 1.24 billion shares, equivalent to a value of more than VND 35.5 trillion; HNX-Index reaching more than 117 million shares, equivalent to a value of more than VND 2.88 trillion.

In terms of impact, VCB, VIC, VHM and VPB were the stocks that had the most negative impact on the VN-Index with a decrease of more than 8.5 points. On the contrary, HPG, BID, MBB and BSR were the stocks that remained green and contributed more than 4 points to the general index.

Foreign transactions continued to be a minus point when they sold a net amount of 2,939 billion VND across the entire market. Specifically, on HoSE, foreign investors net sold about 2,885 billion VND, HPG stock was the code that foreign investors net sold strongly with a value of 955 billion VND. A series of other Bluechips stocks were also sold strongly for about 200 billion VND, including VPB,FPT , MSN. MWG shares were also "net sold" for about 173 billion VND.

After a strong rally with very high liquidity in August, with an average of 1.67 billion shares traded per day, the market has slowed down and liquidity continues to decline. Short-term speculative positions will decline as the opportunity for short-term profit is limited.

According to SHS Securities experts, normally after a strong price increase exceeding the historical peak, the market, as well as many codes that have had a strong price increase period, will be under pressure to adjust, accumulate, and re-test the peak area that has been exceeded. While short-term opportunities shift to codes and groups of codes that have not increased much, expectations and business results improve and grow in the third quarter and the end of 2025. In particular, the group of financial services, residential real estate, construction, construction materials... is expected to have good business results in the third quarter compared to the same period.

Source: https://baodautu.vn/co-phieu-bat-dong-san-noi-song-khoi-ngoai-ban-rong-gan-3000-ty-dong-phien-39-d378358.html