
VN-Index recorded its third consecutive day of decline - Photo: HUU HANH
Despite 465 stock price increases, the VN-Index still retreated.
At the close of trading on January 22nd, the VN-Index fell 2.71 points (-0.14%), settling at 1,882.73 points. In contrast to the HoSE, the HNX-Index surged 5.77 points (+2.28%) to 258.43 points, while the UPCoM-Index rose 1.24 points (+0.98%) to 127.17 points. The VN30-Index also recorded a slight gain, rising 1.97 points (+0.09%) to 2,082.35 points.
Despite the decline in the VN-Index, market breadth leaned strongly toward positive territory with 465 gainers, 267 losers, 804 unchanged stocks, along with 37 stocks hitting the ceiling price and 12 stocks hitting the floor price. This development indicates that capital flows remain fairly widespread, but are under pressure from some large-cap stocks.
Liquidity on the HoSE reached approximately 33,603 billion VND, a 9% decrease compared to the previous trading session, reflecting a more cautious trading sentiment as the index approached its highs.
Regarding foreign investor transactions, foreign investors bought 6,839 billion VND and sold 8,355 billion VND, resulting in a net selling of 1,515 billion VND across the entire market.
Of these, VHM experienced the strongest net selling with 451 billion VND, followed by VCB (334 billion VND) and VIC (214 billion VND). Conversely,FPT saw the highest net buying (128 billion VND), followed by GMD (59 billion VND).
Real estate unexpectedly became a bright spot.
In terms of impact on the index, on the positive side, VIC was the stock that contributed the most to the VN-Index with +0.99 points, followed by STB (+0.58 points), GVR (+0.44 points), DGC (+0.42 points) and MWG (+0.35 points).

Stock codes impacting the VN-Index on January 22nd - Source: WiData
Conversely, downward pressure on the index was concentrated on VCB (-3.15 points) - the stock with the strongest negative impact, followed by GAS (-2.57 points), VHM (-2.08 points), BID (-1.48 points) and PLX (-0.68 points).
By industry sector, the market shows clear differentiation.
The banking sector saw mixed trading as many large-cap stocks declined, such as VCB (-2.47%), BID (-1.89%), and CTG (-0.75%), while some stocks maintained positive gains like STB (+2.25%), TCB (+0.56%), and VPB (+0.52%).
Securities companies performed more positively, with most stocks rising in price such as VIX (+1.03%), SSI (+0.63%), HCM (+0.33%), VND (+1.05%), significantly supporting market breadth.
Conversely, the oil and gas sector faced downward pressure as GAS fell 4.73%, PLX fell 4.4%, and PVS fell 2.9%, with GAS being the stock with the strongest negative impact on the VN-Index within this group.
The real estate sector was a notable bright spot in the session, with many stocks recording significant gains. CEO and DIG both hit their upper limit, DXG increased by 3.62%, PDR by 4.6%, KDH by 2.09%, and NVL by 1.59%, contributing to improved market breadth.
Conversely, the large-cap real estate group showed strong divergence, with VHM falling 1.95% and BCM declining 2.36%.
Besides technical factors, investor sentiment towards real estate stocks is supported by expectations of improved business results for many real estate companies in 2025.
Back to the topic
Nhat Quang
Source: https://tuoitre.vn/vn-index-lui-buoc-giua-sac-xanh-ap-dao-co-phieu-bat-dong-san-but-pha-20260122154429344.htm







Comment (0)