The VN-Index experienced a slight decline of nearly 0.5 points as selling pressure intensified towards the end of the trading session. The market exhibited uneven cash flow, concentrating in a few codes across various industries.

Despite an initial surge, with the VN-Index gaining over 5 points within the first 20 minutes of trading, the index later fluctuated and displayed signs of weakness in the late morning session. Hovering near the reference level until almost 14:00, the index then faced increased selling pressure, turning red. In the final minutes of the session, the index struggled to maintain stability.

Closing at 1,172.55 points, the VN-Index recorded a marginal decrease of nearly 0.5 points compared to the previous day. On the HoSE floor, 267 codes experienced declines, while 199 codes saw increases.

Technology, retail, and chemicals maintained their lead in industry indices, driven by strong performances from key stocks like FPT, GVR, and MWG. These three codes each saw increases of over 2% and ranked 2nd, 3rd, and 4th, respectively, among the top 10 stocks contributing the most to the VN-Index.

Despite a dip in the real estate industry index, some stocks stood out. Novaland (NVL) topped liquidity with over 1,130 billion VND, representing nearly 6% of the total trading value on HoSE. NVL closed the session with a 1.8% increase. PDR ranked second in liquidity with nearly 970 billion VND, posting a 4.4% gain over the reference price. Both stocks were among the top 10 contributors to the market’s increase.

In the securities industry, the electricity board displayed several positive movements. MBS closed the session 2.7% higher than the reference, while codes VIX and VCI both experienced increases of over 1%. Although SSI’s market price only rose by 0.4%, it boasted high liquidity, exceeding 820 billion VND.

Liquidity followed an opposing trajectory to the index, with the total transaction value on HoSE surpassing 20,000 billion VND, marking an increase of more than 4,700 billion VND.

After three sessions of prioritizing consolidation, foreign investors returned to net selling, offloading over 210 billion VND. Notably, their focus was on selling codes VNM, SHS, and PC1.

Siddhartha