VN-Index adjusted down after 9 consecutive increasing sessions

The growth momentum of the banking group slowed down while profit-taking pressure in real estate stocks increased, causing the VN-Index to reverse and decrease after a series of 9 consecutive rising sessions.

At the close of trading on August 15th, the VN-Index lost 10.69 points, equivalent to 0.65%, falling to 1,630 points. Across the HOSE exchange, 84 stocks rose and 261 fell. Trading volume reached over 2.07 billion units, with a value of 59,466.4 billion VND, representing increases of 14% and 13% respectively compared to the previous session. Block trades alone contributed over 59 million units, valued at 1,902 billion VND.

Overall for the week, the VN-Index still increased by 45 points, equivalent to 2.84%.

Contrasting developments

During the morning session, the index briefly rose by more than 20 points thanks to support from some banking stocks and blue-chip stocks. However, red quickly prevailed, causing the VN-Index to narrow its gains and reverse course towards the end of the session.

In the afternoon session, selling pressure spread, with many large and small stocks falling simultaneously, causing the index to briefly drop below 1,625 points. Although supply slowed down at the support level, cautious sentiment prevented a strong increase in demand, and the VN-Index fluctuated until the close.

Stock Highlights

In the banking sector, MBB and VPB were the two most noteworthy stocks. VPB rose 1% to VND 31,100 with 64.8 million units traded; MBB increased 2.4% to VND 28,250, setting a record with over 117.4 million units traded.

Among blue-chip stocks, VJC unexpectedly surged, at one point hitting the ceiling price before closing the session up 6.82% at 145,600 VND, becoming the biggest support for the market.

Conversely, many large-cap stocks faced downward pressure: TCB, DGC, GVR,FPT , CTG, STB, BID, and LPB fell by 2% to 3%. The real estate sector experienced strong selling pressure, with NBB and DLG hitting the floor limit, along with HPX, LGL, LDG, NHA, NLG, TCH, DC4, HHS, and QCG losing 4-5%.

Several small and medium-sized stocks maintained their upward trend, including VIX, ORS, DSC, VSC, BSR , VRC, and MHC. Additionally, stocks like CRE, PET, EIB, DCL, CII, HSL, and TCO surged by 3% to over 6%.

Developments on HNX and UpCoM

On the HNX exchange, the HNX-Index fell 2.81 points (-0.99%) to 282.34 points, with 50 gainers and 133 losers. Trading volume reached over 210.9 million units, valued at VND 5,021.9 billion; block trades totaled 10.9 million units, valued at VND 516.8 billion.

Some small-cap stocks continued to surprise with gains, such as IVS, IPA, GKM, and LIG hitting their upper limit; VFS edged up more than 5% to 20,600 VND. However, high-trading stocks like CEO, IDJ, and HUT fell 4-5%, while APS lost 7.8% to 11,800 VND. SHS only slightly decreased by 1% to 25,300 VND but led in liquidity with 43.5 million units traded.

On UpCoM, the UpCoM-Index fell 0.34 points (-0.31%) to 109.61 points. Trading volume reached over 129.5 million units, valued at VND 1,484.3 billion. BGE shares were a rare bright spot, rising 6.9% to VND 6,200 with 4.69 million units traded. HNG, ABB, and BVB also saw active trading with over 9-11.3 million units but all declined by 2-4%.

Derivatives and warrants market

On the derivatives market, the 14I1F8000 futures contract fell 12 points (-0.67%) to 1,781 points, with over 332,000 units traded and open interest exceeding 56,200 units.

On the warrants market, red dominated. CHPG2406 led in liquidity with over 7 million units traded, falling 2.4% to 1,630 VND/warrant. CMWG2511 followed with 5.4 million units, losing 14% to 1,970 VND/warrant.

The August 15th session saw a correction after a long rally, reflecting increased profit-taking pressure and cautious investor sentiment. Despite the VN-Index falling by more than 10 points, the index still maintained its gains for the week. Market developments suggest that capital has not yet withdrawn, but the possibility of volatility remains, especially as key stocks like banking and real estate show signs of significant divergence.

Source: https://phunuvietnam.vn/vn-index-dieu-chinh-giam-diem-after-a-series-of-9-consecutive-increases-20250815170808246.htm