Notably, foreign investors returned to net buying after a streak of 15 consecutive net selling sessions, contributing to supporting investor sentiment.
At the close of trading on May 14th, the VN-Index rose 27.09 points to 1,925.46 points. For most of the afternoon session, the index fluctuated around the 1,915 – 1,920 point range before surging towards the end of the session.
Market liquidity showed signs of slowing down compared to recent sessions. The trading value on the HoSE reached over 22,200 billion VND, while the total trading value across the entire market reached over 23,500 billion VND.
On the Hanoi Stock Exchange, the HNX-Index rose 0.45 points to 255.07 points; the UPCOM-Index edged up 0.07 points to 126.35 points.
Market movements continued to be driven by large-cap stocks, especially Vingroup , banking, and technology stocks; in particular, VIC and VHM became the focal point with strong gains at the end of the session, rising 3.98% and 2.95% respectively, contributing nearly 19 points to the VN-Index. This was the opposite of the early morning session, when these two stocks were among the most negative contributors to the index.
The market leaned towards the buying side with 376 stocks rising, including 14 that hit the ceiling price, while 291 stocks fell and 14 hit the floor price. Green was present in most sectors, but some stocks bucked the trend, such as HCM and VCK in the securities sector, and NVL and DXS in the real estate sector.
Conversely, the materials and energy sectors faced downward pressure. Notably, many oil and gas stocks experienced sharp declines, including PLX, PVT, PVP, PVS, PVD, and PVC.
Foreign investor activity was a notable highlight of the market, with foreign investors net buying over 214 billion VND, ending a streak of 15 consecutive net selling sessions. VIC was the most heavily bought stock with over 163 billion VND, followed by MSN with nearly 143 billion VND, SSI with nearly 86 billion VND, and BSR with over 79 billion VND.
On the net selling side, VHM led with a value of nearly 174 billion VND. Other stocks with significant net selling included TCB with nearly 125 billion VND and FPT with over 36 billion VND.
According to analysts, the VN-Index's sustained strong upward momentum, coupled with the return of foreign capital, is contributing to a positive sentiment in the market. However, the lack of significant breakthroughs in liquidity suggests that investors remain cautious as the index approaches new resistance levels after a period of rapid growth.
Source: https://vtv.vn/vn-index-vuot-moc-1925-diem-100260514170113796.htm
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