
(Illustrative photo: VNA)
Despite facing downward pressure in the final trading session of the week due to continued cautious capital flows and low liquidity, the stock market still recorded a weekly gain, ending a four-week losing streak. The week's performance continued to show a reliance on a few large-cap stocks, while the rest of the market was highly fragmented and trading was subdued.
The previous strong rally was still considered unconvincing, as the main driving force came from Vingroup stocks, contributing over 33 points to the VN-Index, while many other stocks on the board were under downward pressure. This imbalance kept investor sentiment cautious, and the money flow weakened, indicating that demand had not yet significantly improved.
During the trading session on June 19th, the VN-Index mostly fluctuated below the reference level. At times, selling pressure intensified towards the end of the session, pushing the index close to the 1,800-point mark. However, bargain-hunting demand emerged, helping the index narrow its losses before closing.
At the close of trading, 84 stocks rose and 205 fell on the HOSE exchange. The VN-Index decreased by 5.94 points, or 0.32%, to 1,824.53 points. Total trading volume reached over 608.5 million shares, valued at VND 18,803.6 billion; a decrease of over 3% in volume but an increase of over 8% in value compared to the previous session. Block trades contributed over 81.6 million shares, equivalent to VND 3,469 billion.
Overall for the week, the VN-Index increased by 32.88 points, equivalent to 1.83%, officially ending the previous four-week losing streak.
Large-cap stocks continued to show strong divergence. LPB was the most notable gainer, rising 2% to 48,000 VND per share. Conversely, VPB, BID, and VRE fell by around 2%.
SHB continued to be the most liquid stock on the market with over 40 million units traded, despite a 1% drop in price to VND 13,750 per share.
In the small and medium-sized stock group, trading was relatively quiet, with only a few stocks hitting the ceiling price such as TTA, PVP, and VVS, with liquidity ranging from 0.25 million to over 3.8 million units. CTS shares increased 3.6% to 25,900 VND/share, with over 3.05 million units traded, despite briefly hitting the ceiling price.
Conversely, VSC fell 3.5% to VND 19,200 per share, with 5.2 million units traded, while NVL also dropped 3% to VND 12,900 per share with nearly 15 million units traded.
On the HNX exchange, pressure from large-cap stocks, especially THD, continued to cause the index to fall sharply. At the close of trading, the HNX-Index decreased by 11.33 points to 324.83 points. Across the entire exchange, 54 stocks rose and 81 stocks fell, with a total trading volume of over 53.5 million shares and a value of 910.6 billion VND.
THD fell 10% to 191,300 VND/share, with over 41,000 units traded, and was the main factor dragging down the index by more than 5 points. Large-cap stocks like PVS, MBS, and CEO closed around the reference price, while SHS, HUT, and IDC saw slight declines with trading volumes ranging from over 1 million to over 13.9 million units.
On UPCOM, the UPCoM-Index also experienced volatility during the session, at times recovering above the reference level before turning downwards again.
At the close of trading, the UPCOM-Index fell 0.71 points to 127.52 points. Total trading volume reached over 35.5 million shares, valued at 364.9 billion VND; additional block trades added over 2.3 million shares, valued at 32.3 billion VND.
The stock market was highly mixed, with red dominating among mid- and small-cap stocks. Notable declines included BGE, MSR, AAH (down over 3%), and POM, which fell more than 8% to 4,300 VND per share. On the upside, BVB, TVN, and ABB maintained their gains, while HNG, HBC, BCR, and OIL closed around their reference prices. Notably, DFF surged 25% to 500 VND per share, with nearly 1 million units traded.
On the market, foreign investors continued to heavily net sell more than 1,600 billion VND, adding further pressure on investor sentiment amidst the lack of clear signs of improvement in domestic capital flows.
The market closed the trading week with a slight gain in points, but liquidity remained low, reflecting a cautious sentiment. The fact that the VN-Index only rose thanks to a few large-cap stocks shows that the breadth of the market has not improved, while net selling pressure from foreign investors continues to be a factor to watch in the coming sessions.
Given that capital inflows have not yet fully returned, the short-term market trend is likely to remain highly polarized and dependent on the performance of large-cap stocks.
Source: https://vtv.vn/vn-index-mat-gan-6-diem-100260619172132491.htm






