The stock market often experiences higher profit-taking pressure when approaching big, long holidays - Photo: QUANG DINH
The stock market opened in positive green, with the VN-Index increasing by nearly 20 points at times. However, profit-taking pressure appeared from the end of the morning session and increased in the afternoon, causing the increase to quickly narrow.
At the end of the session, VN-Index fell to 1,672 points, up just over 5 points from the reference. The red color spread more widely on the board, causing the initial excitement to gradually decline. However, VCB still maintained its ceiling price, playing an important "support" role to help the index increase slightly.
Besides VCB, some other bank stocks such as BID,ACB , STB still maintained green. The entire banking sector, thanks to the "locomotives" with large capitalization, increased slightly by 0.4%, despite the adjustment pressure in many codes.
Cash flow continues to focus most strongly on this group, with liquidity of nearly 14,600 billion VND, accounting for about 1/3 of the entire market. In which the Big3 group (Vietcombank, VietinBank, BIDV ) becomes the center of attention.
Previously, on August 26, the Government issued a decree amending and supplementing a number of regulations in Decree 24 on the management of gold trading activities.
The point of interest is to eliminate the State monopoly mechanism on the production of gold bars, the export of raw gold and the import of raw gold to produce gold bars.
At the same time, the decree sets new licensing conditions: enterprises must have a charter capital of 1,000 billion VND, while commercial banks need a minimum charter capital of 50,000 billion VND.
According to this regulation, the Big3 group is considered the leading candidate to directly participate in the production of gold bars, thanks to the advantage of capital scale as well as previous experience in distributing gold bars.
In other industries, steel was under pressure to adjust after a hot increase, HPG decreased more than 1.6% after breaking out nearly 5% in the previous session.
Real estate is clearly differentiated: DXG hit the ceiling, NLG, PDR, HDC, KDH all increased by more than 1%, while VIC, VHM, VRE, TCH... turned to decrease points.
On the contrary, securities were the most consensus group, the whole industry increased by 2.6%. Many stocks broke out such as AAS, TVB hit the ceiling; VIX, VND, ORS, SSI increased by over 2%.
Overall, market breadth remained positive with nearly 400 stocks gaining versus 317 stocks losing. Total market liquidity reached over VND51,000 billion, reflecting that cash flow remained strong despite correction pressure.
The most noteworthy point is that foreign investors returned to net selling very strongly with nearly 4,200 billion VND.
Accordingly, the most "dumped" stocks today are HPG (-958 billion VND), VPB (-530 billion VND), CTG (-403 billion VND), VCB (-390 billion VND), SSI (-337 billion VND), SHB (-158 billion VND)...
Source: https://tuoitre.vn/khoi-ngoai-ban-rong-dot-bien-hon-4-000-ti-xa-manh-loat-co-phieu-hot-nao-20250827151600585.htm
Comment (0)