VN-Index continues to increase despite foreign net selling for 6 consecutive sessions

The Ho Chi Minh City stock exchange experienced a "green outside, red inside" situation as the VN-Index rose nearly 1 point compared to the reference point, but the number of declining stocks exceeded the number of rising stocks, and foreign investors continued to be net sellers for the sixth consecutive session.

Following yesterday's slight increase, some experts suggest that investors should continue to maintain a reasonable portfolio allocation and take advantage of market fluctuations to invest in sectors showing good accumulation trends such as securities, banking, and real estate.

Today, the VN-Index opened in positive territory and at one point reached nearly 1,286 points. However, the upward momentum did not last long as selling pressure emerged before the midday break, causing the index to fall below the reference level. In the afternoon session, the VN-Index fluctuated sharply with alternating periods of gains and losses. The index representing the Ho Chi Minh City stock exchange closed at 1,281.44 points, up 0.88 points from the reference level.

The market extended its upward trend for the second consecutive session, but the signal for a sustainable rally is not very clear as the market is in a state of "green on the outside, red underneath". Specifically, the VN-Index rose, but the number of stocks falling below the reference price significantly outnumbered those rising, with 225 and 168 stocks falling respectively. The breadth of the large-cap basket was balanced, with the number of stocks closing in the green being roughly equal to the number of stocks falling, at 13.

GVR accumulated 2% compared to the reference price, reaching 35,650 VND and becoming the main driving force for the market's increase. The upward momentum also came from bank stocks, with three representatives from this group appearing in the list of the top 10 most positive-impacting stocks. Specifically, TCB increased 1.55% to 23,000 VND, MBB increased 1.02% to 24,650 VND, and MSB increased 3.51% to 11,800 VND.

Steel stocks also saw a number of gains. Among them, NKG rose 1.4% to 22,100 VND, TLH increased 0.8% to 6,020 VND, and HSG gained 0.5% to 20,900 VND.

After a period of sharp increases, VinGroup stocks shifted to a downward trend, all contributing to the list of stocks with the most negative impact on the VN-Index. Specifically, VIC led the decline, falling 1.55% to 44,400 VND. This was followed by VHM, down 1.21% to 40,900 VND, and VRE, down 2.74% to 19,500 VND.

The real estate sector exerted significant pressure on the market, with BCM and DIG, also belonging to this group, appearing on the list. BCM fell 1% to VND 69,500 and DIG decreased 3.99% to VND 24,050.

Market liquidity today reached VND 16,333 billion, a slight increase of VND 143 billion compared to the previous session. Trading volume also increased by 57 million units, reaching 717 million shares. The VN30 basket contributed approximately 226 million shares to the trading volume, with a matching order value exceeding VND 7,248 billion.

DIG led the market in liquidity with a trading value of nearly VND 1,012 billion (equivalent to over 41.9 million shares), far surpassing the next-ranked stocks: SSI with over VND 677 billion (equivalent to 20 million shares), HPG with nearly VND 481 billion (equivalent to 18.6 million shares), and VHM with approximately VND 459 billion (equivalent to 11.2 million shares).

Foreign investors continued to be net sellers in today's session. They sold 54.1 million shares, equivalent to a transaction value of over 1,510 billion VND, while disbursing approximately 1,398 billion VND to buy 40.3 million shares. The net selling value therefore reached over 112 billion VND .

The steel sector faced intense selling pressure from foreign investors, with HPG experiencing net selling of up to VND 187 billion, followed by HSG at VND 73.7 billion. Conversely, foreign investors' capital flowed intoFPT shares with a net value of over VND 139 billion, followed by VNM at VND 65.6 billion and SSI at VND 48.6 billion.

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