•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Foreign investors continued to net sell, totaling 836.0 billion dong, with net selling in matched trades amounting to 685.3 billion dong. Despite the lack of clear leadership catalysts and liquidity staying low, the market still recorded a notable reversal session, reflecting capital rotation rather than a rally driven by fresh fund inflows.
The VN-Index at times fell by more than 16 points, but bottom-fishing demand and ongoing portfolio rebalancing helped the index rebound and close up 5.6 points at 1,901. Market breadth also improved, with 161 gainers versus 131 decliners, suggesting active positioning in specific stock groups.
The rebound no longer relied on large-cap performance. VIC and VHM fell 0.45% and 0.5%, respectively, while the banking group did not provide support as VCB dropped 0.66% and CTG lost nearly 1%. This pattern indicates the uptrend structure is increasingly shifting toward mid-cap stocks, where speculative money appears more active.
Meanwhile, the securities sector faced profit-taking pressure after an earlier rally supported by upgrade news. Several tickers—including VIX, SSI, VCI, and VND—corrected in unison. More defensive groups also saw outflows, including consumer staples and materials, with VNM, SAB, HPG, and the electricity group GEE moving lower.
In contrast, money rotated strongly into the energy—oil & gas group, which became a key focus of the session. The inclusion of BSR into the VN30 basket supported sentiment, as BSR rose 3.86%. Other oil & gas names such as PLX, PVD, PVS, and GAS also traded higher.
Information technology and telecommunications also drew money back. Non-essential consumer stocks such as MWG, VPL, and PNJ, along with mid-tier banks including HDB, LPB, STB, and VPB, maintained positive gains.
Even with the rebound, liquidity is still viewed as the key constraint, as the combined three-market matched value has not yet reached 22,000 billion dong.
Foreign investors’ primary net buying in matched trades was concentrated in the Real Estate and Industrial Goods & Services sectors.
Individual investors net bought 968.8 billion dong, including 892.5 billion dong in net purchases via matched trades. They bought net across 10 of 18 sectors, mainly in Banking.
Proprietary trading net sold 160.5 billion dong, including 57.9 billion dong in matched trades. In matched trades, proprietary trading bought the most in Financial Services and Food & Beverage.
Domestic institutions net bought 12.3 billion dong, while matched trades showed net selling of 149.3 billion dong. In matched trades, they sold most in Real Estate.
Block trades totaled 2,069.2 billion dong, down 26.5%, and accounted for 9.3% of total trading value. Notable block trades included SHB with nearly 25 million shares, about 347.4 billion dong exchanged between individuals and domestic institutions, and VPB with nearly 9 million shares, about 242.8 billion dong exchanged between domestic individuals.
The share of money flow increased in Real Estate, Banks, Oil & Gas, Consumer Goods, Warehousing, Construction Materials & Interiors, and Rubber, while it declined in Securities, Construction, Electrical Equipment, Information Technology, Retail, and Personal Goods.
In matched trades, the share of money allocation rose in large-cap VN30 and small-cap VNSML, but decreased in mid-cap VNMID.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
