VN-Index has broken through the 1,600 point threshold - Photo: AI drawing
The stock market started the session on August 12 quite positively with green, supported mainly by large-cap stocks. However, this increase quickly slowed down when active selling pressure gradually increased towards the end of the morning session.
Although the selling volume has not exploded, the active demand has clearly decreased, causing the VN-Index to reverse and decrease slightly. The development shows that most groups of stocks are weakening, with selling pressure concentrated in banking, securities, steel and real estate stocks.
Entering the afternoon session, VN-Index continued to fluctuate around the 1,600 point mark, but there was a noticeable shift in cash flow.
Some real estate stocks recovered strongly after the morning selling pressure, notably CII hitting the ceiling with a matched volume of over 69 million units, equivalent to over 11% of outstanding shares. At the end of the session, there were still over 6.5 million units remaining to buy at the ceiling price.
PDR also unexpectedly reversed from a decrease of more than 2% to increase by 5.2%, while NLG also regained green, and KDH was "purple ceiling".
However, selling pressure is still present in many other codes such as DIG, DXG, NVL, CEO - reflecting the clear differentiation in the real estate industry.
In addition to the real estate group, cash flow also went to defensive stocks. In the electricity group, POW increased by the full margin (+6.95%), PC1 (+4.44%); the oil and gas group recorded BSR increasing by 3.6% and PLX increasing by 1.45%.
In the banking industry - the "hot" stock group recently, there has been a relatively clear differentiation when TPB, TCB, EIB, VIB,SHB ... all turned to decrease points, on the contrary, VCB, BID, HDP, CTG ... increased well.
Meanwhile, the stock group with red covering most codes caused this industry to lose 0.6% today.
The total transaction value of the entire market today is still quite high, over 50,000 billion VND. Foreign investors continued to net sell more than 700 billion VND in the context of the exchange rate pressure not cooling down. This group "dumped" strongly VIX, TCB, STB, GEX...
Stocks have increased sharply, but money has not left yet.
According to analysts, in the recent uptrend, real estate, banking and securities groups played a leading role in the market.
However, in recent sessions, many bank codes and some stocks in the Vingroup family such as VIC, VHM or the GEX group have shown signs of slowing down or entering a correction phase.
Cash flow has begun to shift to sectors with lower fundamentals and not yet growing strongly, including infrastructure investment, oil and gas, chemicals, retail and seafood exports.
Notably, although the market has gone through a period of overheating, cash flow has not left. Last week, average liquidity reached a record of VND56,000 billion/session, including a session that set a new peak of over VND80,300 billion (equivalent to over USD3 billion).
Many important supporting factors continue to exist such as the economy moving towards high growth; the roadmap for upgrading the market is being vigorously promoted; low interest rates...
Source: https://tuoitre.vn/chung-khoan-vuot-1-600-diem-lap-dinh-lich-su-moi-20250812153542228.htm
Comment (0)