•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•

Liquidity in the HoSE market surged 54% in the afternoon compared with the morning, and aggressive buying momentum pushed broad gains across the exchange. By the close, 202 stocks rose and 110 fell, compared with 127 gainers and 164 decliners in the morning. The number of stocks up more than 1% increased to 109, with VIX and HCM hitting their daily ceiling. Total matched value on HoSE rose by about VND 4.618 trillion, while the VN30 basket increased by about VND 2.321 trillion.
The afternoon standout was the trading activity of securities stocks. The group’s gains were supported by market talk that five firms had been approved to open crypto-asset trading platforms. With the securities sector moving broadly higher, sentiment across the market improved.
Almost the entire securities group advanced, except CSI, which fell 2.94%, and VIG and PHS, which were flat. Twenty-six stocks in the group rose more than 2%, including VIX and HCM at the ceiling. Other notable gainers included SHS, SSI, BVS, ORS, TCI, VND, PSI, VCI, CTS, and IVS.
Trading activity and liquidity in the securities names were substantial. VIX and SSI were among the top five most traded stocks, with turnovers of about VND 872.7 billion and VND 781.6 billion, respectively. HCM, VCI, and VND also recorded very large turnover.
Despite the broad strength in securities, the VN-Index did not benefit as much due to limited contribution from major index heavyweights. SSI rose 4.4% and TCX increased 2.61% as the most influential movers, but the index still rose only 0.87% (up 16.35 points). Several large-cap names were mixed: VIC retraced to the day’s reference, while VHM fell 0.13%. FPT faced external selling pressure, down 1.35%. Among the top 10 capitalization stocks, only VCB (+1%), TCB (+1.8%), HPG (+1.1%), and GAS (+1.93%) stood out as higher.
More than 109 stocks rose by over 1%, reflecting a highly buoyant trading environment. Over half of the gainers advanced by 2% or more, with eight of the VN30 constituents contributing to the move. The VNMidcap index closed up 1.71%, with many stocks rising sharply and liquidity remaining high.
Notable movers included VIX, HCM, GEE, and GEX at ceiling, while GEL rose 5.55%, POW increased 5.13%, KDC gained 4.4%, ORS climbed 4.18%, VND rose 4.06%, VCI advanced 3.52%, PC1 increased 3.39%, and DIG gained 3.15%.
In the declining group, overall enthusiasm helped many stocks rebound. Only nine HoSE stocks fell more than 1% with turnover above VND 10 billion. NVL remained weak, closing down 3.65% on very large liquidity of about VND 1,282.3 billion. Other pressured names included FPT down 1.35% (turnover about VND 693.5 billion), VPI down 2.88% (VND 381.8 billion), VHC down 1.6% (VND 139.2 billion), PVT down 1.05% (VND 135.7 billion), and PVD down 1.52% (VND 133 billion).
Foreign investors turned net buyers in the afternoon, purchasing about VND 1,949 billion, but also selling more by 53% to about VND 2,371 billion. For the full day, net outflow totaled about VND 1,106.7 billion.
Biggest selling names included FPT (-453.9 billion), ACB (-213.8 billion), HPG (-212.2 billion), VIC (-187.4 billion), KDH (-112 billion), NVL (-86.7 billion), and VCB (-83.7 billion). On the buy side, POW (+202 billion), MSN (+144.7 billion), DGC (+78.2 billion), GEX (+69.4 billion), and MWG (+57.9 billion) were among the largest net purchases.
The session’s market commentary also referenced policy developments, including the Ministry of Finance’s information on five crypto-asset exchange license applications.
Bitcoin (BTC) investors who use steady dollar-cost averaging (DCA) may be underperforming versus strategies that adjust exposure to the market’s cycle, according to new research arguing that Bitcoin’s behavior differs from traditional long-duration assets.
In a report cited by Markus Thielen of 10x Research, Bitcoin’s market…