Foreign investors resumed net buying after a month of continuous selling, VN-Index experiences intense tug-of-war.

The market experienced volatile fluctuations on November 22nd, marked by strong divergence across various stock sectors. Investor sentiment became more cautious as today saw the accumulation of shares bought at the bottom after the VN-Index fell below 1,200 points.

The market experienced volatile fluctuations on November 22nd, marked by strong divergence across various stock sectors. Investor sentiment became more cautious as today saw the accumulation of shares bought at the bottom after the VN-Index fell below 1,200 points.

After two consecutive days of recovery, the VN-Index traded sideways and ended slightly lower. The market had been quite volatile right from the opening. Investor sentiment became more cautious as today saw the return of shares bought at the bottom after the VN-Index fell below 1,200 points. This caution led to significant divergence among different stock sectors.

The VN-Index attempted to rise shortly afterward, but the upward momentum was short-lived as demand weakened, causing the overall market to lose upward impetus. Nevertheless, the VN-Index was still pulled up in the latter half of the morning session. However, the afternoon session was not as positive, with strong divergence across various stock sectors.

Although the supply from bargain-hunting on November 20th wasn't very strong, weak demand continued to push the indices below the reference level. Selling pressure from foreign investors wasn't as intense as in previous sessions, so the overall market wasn't under too much pressure.

At the close of trading, the VN-Index stood at 1,228.1 points, down 0.23 points (-0.02%). The HNX-Index fell 0.47 points (-0.21%) to 221.29 points. The UPCoM-Index rose 0.2 points (0.22%) to 91.7 points.

Across the market today, 338 stocks rose, while 369 fell, and 833 remained unchanged or did not trade. The market recorded 36 stocks hitting the upper limit and 28 stocks hitting the lower limit. Not many sectors attracted significant attention today, as the overall trend was one of strong divergence.

Within the VN30 group, 13 stocks rose while 11 declined. GAS, TCB, BID… were the stocks with the most positive impact on the VN-Index. GAS, in particular, rose early and acted as a major support for the market. At the close of trading, GAS increased 1.47% to 69,200 VND/share, contributing 0.57 points to the VN-Index. Similarly, TCB contributed 0.51 points with a 1.29% increase. TCB had a relatively stable trading session, maintaining its positive performance despite periods of strong market volatility.

Conversely, VHM, GVR, VPB, STB… were the stocks with the most negative impact on the VN-Index. Among them, VHM fell sharply by 3.9% to 41,600 VND/share. Vinhomes concluded the largest transaction in the history of the Vietnamese stock market. Accordingly, the company purchased a total of 247 million shares with an estimated value of approximately 11,000 billion VND. Previously, the company registered to buy 370 million shares, with approximately 123 million shares not yet purchased.

Top stocks that have a strong impact on the VN-Index.

Besides the VN30 group, HVN increased by 3.39% and was also one of the stocks with the most positive impact on the VN-Index. It is known that on the afternoon of November 25th, the National Assembly will hold a plenary session to discuss solutions to further address the difficulties caused by the Covid-19 pandemic so that Vietnam Airlines can recover and develop sustainably.

The real estate and securities sectors experienced negative fluctuations, with most stocks trading in the red. In the real estate sector, DXG fell 2.61%, NVL 2.22%, NTL 2.15%, and CEO 2.1%. Similarly, in the securities sector, BSI declined 1.57%, FTS 1.55%, and SHS 1.52%.

The total trading volume on the HoSE today reached 534.4 million shares, equivalent to a trading value of VND 12,758 billion, an increase of 4.75% compared to the previous session. Block trades accounted for VND 2,235 billion. The trading value on the HNX and UPCoM reached VND 813 billion and VND 518.8 billion respectively.

HPG was the stock with the highest trading volume today, but the value was only 451 billion VND.FPT and VHM traded 390 billion VND and 382 billion VND respectively.

Foreign investors resumed net buying for the first time after more than a month of continuous selling.

Foreign investors ended their net selling streak by buying back a net 31 billion VND. Today, HDG was the most heavily bought stock with 242 billion VND. TCB and FPT were also bought net 106 billion VND and 60 billion VND respectively.

Conversely, SSI topped the list of net selling with 106 billion VND. VCB and HPG were net sold for 82 billion VND and 58 billion VND respectively. Including today's session, the net selling value of foreign investors has reached over 92,000 billion VND, one and a half times the record net selling figure reached in 2021.

The market experienced volatile fluctuations on November 22nd, marked by strong divergence across various stock sectors. Investor sentiment became more cautious as today saw the accumulation of shares bought at the bottom after the VN-Index fell below 1,200 points.

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