Strong cash flow into banking group, market recovers impressively
After a sharp correction of more than 64 points in the previous session, the Vietnamese stock market quickly regained balance for most of the morning session on July 30. However, profit-taking pressure and concerns about more than 4.4 billion shares about to "return to accounts" made many investors cautious, especially in the second half of the morning session. Some of the cash flow withdrew, giving way to selling pressure in Vingroup stocks, causing the VN-Index to reverse and fall deeply below the reference point in just a few minutes at the end of the morning session.
This development made investors worry about the possibility of the market continuing to correct deeply, even falling back to the 1,470 point mark. However, this scenario did not happen as the market reversed strongly in the afternoon session.
After a period of slight fluctuations around the reference price in the early afternoon session, after 2 p.m., the cash flow suddenly accelerated into the banking group. A series of codes such as SHB , CTG, VPB were simultaneously pulled up to the ceiling price. The increase from the banking group then spread to other sectors such as securities and real estate, helping hundreds of codes recover spectacularly. Thanks to that, the VN-Index bounced back strongly, returning to the 1,500 point threshold.
At the end of the session, VN-Index increased by 14.22 points (+0.95%), to 1,507.63 points. The entire floor recorded 223 stocks increasing in price (up 101 stocks compared to the morning session), while the number of stocks decreasing was 111 (down 76 stocks). The total trading volume reached 1.66 billion units, equivalent to a value of VND41,653.6 billion - although it decreased sharply compared to the previous session (down 40.5% in volume and nearly 41.5% in value), it was still higher than most sessions in the month. Negotiated transactions contributed 93.6 million units, worth VND2,716 billion.
Banks play a leading role
Banking stocks were the focus of today's session, contributing about 10 points to the general index. SHB and VPB maintained their purple color at VND16,100 and VND25,250/share, respectively. CTG increased sharply by 5.48% to VND46,200. Other stocks also recorded positive increases: VIB increased by 4.31%, TPB increased by 3.92%, OCB increased by 3.10%, STB increased by 2.71%, MBB increased by 2.05%; BID, TCB, NAB all increased from 1.7% to nearly 1.9%.
However, there were still 4 bank stocks that decreased in price, of which SSB decreased the most by 3.27% to 19,250 VND; EIB decreased by 2.56%; VCB and LPB decreased slightly by less than 0.3%.
In terms of liquidity, SHB leads the market with 142.53 million units, followed by VPB with 70.97 million units - ranking 3rd in the entire market.
Stocks and real estate also attract cash flow.
The securities group recorded VIX hitting the ceiling at VND25,600 with liquidity reaching 72.98 million units - just behind SHB. VND increased by 5.94% to VND22,300. Some other codes increased slightly, while BSI, FTS and VDS were the 3 codes that decreased.
The real estate group also improved. Besides SJS and SCR hitting the ceiling in the morning session, this afternoon, LDG and AGG also closed at the ceiling. HAR and NLG increased by more than 4%, VCG increased by more than 3%, and 8 other codes increased by more than 2%.
HNX increased strongly, UPCoM narrowed the decline
On the HNX floor, the HNX-Index increased by 6.15 points (+2.41%) to 261.51 points. This floor had 112 stocks increasing and 50 stocks decreasing. The total volume reached 183.4 million units, worth VND3,815.4 billion - a sharp decrease compared to the previous session (down 42.5% in volume and 43% in value). Negotiated transactions reached 4.9 million units, worth VND83.8 billion.
The group of outstanding stocks on HNX had 4 codes hitting the ceiling price including SHS, IDJ, APS and VFS. SHS continued to lead in liquidity with 60 million units, followed by CEO (26.9 million) and MBS (11.2 million).
On UPCoM, the UPCoM-Index still decreased by 0.96 points (-0.91%) to 105.11 points despite a significant recovery in the afternoon session. The floor recorded 120 stocks increasing and 157 stocks decreasing, with a trading volume of 87.1 million units, worth VND1,061.6 billion. Negotiated transactions reached 7.9 million units, worth VND85.6 billion.
High-liquidity stocks on UPCoM had mixed performances. ABB led with nearly 14 million units, up 6.19%. BVB matched 10.37 million units but decreased 2.72%. HNG and VHG increased, while SBS decreased nearly 3%.
The derivatives and warrants market is bustling.
In the derivatives market, the VN30F2408 contract (expiring in August) increased by 2.3 points (+0.14%) to 1,623.3 points with 369,441 contracts traded, total value of VND59,899 billion. Open volume reached 51,569 contracts.
In the warrant segment, 4 codes with liquidity of over 3 million units were all issued by SSI. Of which, CVPB2501 increased sharply by 33.88% to 3,280 VND, the rest including CLPB2502, CFPT2514, CVRE2514 all decreased.
Corporate bond transactions exceed 6,600 billion VND
The individual corporate bond market recorded a total trading volume of 2.4 million units, equivalent to a value of VND6,689.2 billion. Of which, the code with the largest trading value was VDI12101 of Viet Duc Trading and Investment Company Limited with VND1,954.3 billion, equivalent to a volume of 12,000 units.
The trading session on July 30 showed a strong recovery and positive investor sentiment. If the VN-Index maintains its upward momentum in the last two sessions of the week, the possibility of conquering new peaks will become clearer.
Source: https://phunuvietnam.vn/ngan-hang-dan-song-vn-index-tai-lap-moc-1500-diem-20250730164732944.htm
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