VN-Index's upward trend broken.

VTV.vn - Despite market breadth leaning toward gains and improved liquidity, selling pressure on large-cap stocks still caused the VN-Index to retreat on February 25th.

Increased selling pressure causes VN-Index to retreat.

At the close of trading, the VN-Index fell 6.71 points to 1,860.91 points; while the HNX-Index rose 0.51 points to 263.23 points. Market breadth was relatively balanced, but green dominated with 365 gainers and 346 losers. Within the VN30 basket, buyers also prevailed with 17 gainers compared to 13 losers.

Market liquidity increased compared to the previous session. On the HOSE, the trading volume reached over 1.08 billion shares, equivalent to a value of over 35,700 billion VND. The HNX recorded over 77 million shares traded, with a value of over 1,800 billion VND.

In the afternoon session, selling pressure continued to dominate, causing the index to fluctuate and close in the red. VIC, VHM,FPT , and VJC had the most negative impact. Conversely, GVR, HPG, BSR, and STB maintained their gains, somewhat mitigating the decline.

Conversely, the HNX-Index performed more positively thanks to the upward pull from stocks such as IDC (up 4.21%), KSV (up 1.8%), NVB (up 1.64%), PVI (up 1.5%), etc.

By sector, information technology was the biggest loser, down 3.47%, mainly due to FPT (down 3.68%), ELC (4.15%), VEC (7.5%), and ITD (0.88%). Real estate and media services fell 2.16% and 1.68% respectively, with selling pressure on many stocks such as VIC (down 3.01%), VHM (3.6%), VRE (3.22%), DXG (1.25%), CEO (2.59%), VGI (1.64%), FOC (1.18%), FOX (3.02%), and TTN (0.6%).

Conversely, the materials group became a bright spot with a 3.14% increase, notably HPG (3.53%), GVR (6.97%), MSR (8.4%), DGC (1.2%), and GEL (0.12%).

Regarding foreign investor transactions, foreign investors returned to net selling of over VND 1,062 billion on the HOSE, concentrated in FPT (VND 2,334.82 billion), VCB (VND 140.89 billion), DGW (VND 103.63 billion), and VIC (VND 77.6 billion). On the HNX, this group net sold over VND 52.8 billion, mainly in PVS (VND 57.77 billion), SHS (VND 20.24 billion), CEO (VND 5.5 billion), and MBS (VND 3.25 billion).

Market developments show strong tug-of-war between different stock groups. While capital flows remain high, profit-taking pressure in large-cap stocks is preventing the VN-Index from breaking through.

Market divergence is likely to continue dominating in the coming sessions, as capital tends to flow into individual sectors rather than spreading broadly across the board.

Source: https://vtv.vn/vn-index-dut-mach-tang-100260225181007257.htm