Money continues to flow into bank stocks.

The VN-Index closed the January 10th session in a mixed state, with gains in some banking stocks offsetting the losses of over 300 stocks on the HoSE.

The market continued to fluctuate within a narrow range, but unlike the previous period, liquidity in recent sessions has remained high. The VN-Index opened near the reference level today, surging to over 1,165 points in the middle of the morning session. However, increasing selling pressure quickly caused the index to narrow its gains.

In the afternoon session, red dominated the trading board, but the VN-Index remained above the reference level thanks to some large-cap stocks. Capital flows were diversified, mainly concentrated in a few stocks in the banking, chemical, and insurance sectors, while the rest were in the red.

As a result, the VN-Index closed the session up less than 3 points, at 1,161.54 points. The VN30-Index gained more than 2 points, stopping at 1,162 points. On the Hanoi Stock Exchange, the HNX-Index and UPCOM-Index closed below the reference level.

Total market liquidity reached over 23,700 billion VND. Of this, liquidity on the HoSE exchange was over 20,700 billion VND, an increase of more than 2,800 billion VND compared to the previous session. Foreign investors continued their net selling streak for the seventh consecutive session, with a value of over 216 billion VND.

At the end of the trading session, the stock market was in a "green on the outside, red on the inside" state, with only 195 stocks rising in price compared to 309 stocks falling. Among large-cap stocks, 15 out of 30 closed below the reference price.

Investor capital remains concentrated in three main sectors: banking, real estate, and financial services. The top 5 stocks in terms of trading value on the HoSE exchange areSHB (over 1,100 billion VND), HPG (nearly 900 billion VND), SSI (over 800 billion VND), STB, and DIG, each trading over 600 billion VND.

VCB was the biggest contributor to the VN-Index, adding 2.3 points as it rose 1.9% to 89,500 VND. In the banking sector, TPB closed higher by over 4%, CTG gained 3.3%, while BID, SHB, and VPB all increased by over 2%.

Conversely,FPT closed down 2%, SAB, HPG, and MWG lost more than 1% compared to the reference price, while VNM, VJC, VIC, and VHM closed in the red.

Similarly, in the mid-cap group, steel, real estate, and retail stocks also fell into the red. Meanwhile, some insurance and chemical stocks traded positively thanks to strong buying interest.

Minh Son

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