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Individual investors net bought 1,338.4 billion dong, including net buying of 797.1 billion dong in matched trades.
The season of annual general meetings is entering a peak phase, and the market has been reacting more to individual company stories than to a broad trend. In the latest session, VIC unexpectedly surged to the ceiling and became a key driver for the VN-Index.
Starting the session in the red, the VN-Index reversed and rose sharply by 23.82 points to close at 2,857.30, up 1.30%. VIC alone contributed up to 22 points, while VHM added nearly 4 points, highlighting the market’s heavy reliance on large-cap stocks.
Despite the index gain, overall market conditions were mixed. Market breadth skewed negative with 194 decliners versus 111 gainers. The real estate sector showed some recovery in NVL, VRE, KBC, but the improvement remained limited and largely localized.
The banking group continued to retreat, with many large names such as VCB, BID, MBB, LPB, ACB, STB, HDB all declining, suggesting capital had not returned to leading financial stocks in a sustainable way. Selling pressure also spread to other sectors including oil and gas, energy, information technology, and telecommunications, leaving most stocks in the red.
Market sentiment reflects a challenging backdrop as earnings season has been unimpressive and risks from the Middle East conflict continue to weigh on macro expectations. Investors maintained a cautious stance and did not rush to deploy capital ahead of the long holiday weekend (April 30–May 1), which encouraged a defensive bias.
Liquidity remained subdued, with the combined value of matched trades across three exchanges at 22,500 billion dong, indicating money is still on the sidelines. Foreign investors continued to net sell 105.7 billion dong; excluding matched trades, they net sold 15.4 billion dong.
In matched trades, foreign investors’ main net buys were in the Securities and Retail groups. Top foreign net buys in matched trades included FUEVFVND, MWG, VIC, MSN, DGC, KBC, PNJ, HCM, VPB, and VJC.
On the sell side in matched trades, foreign investors’ largest net selling was in the Information Technology group, including FPT, VHM, HPG, SSI, BID, PLX, VCB, NVL, and TPB.
Individual investors net bought 1,338.4 billion dong. In matched trades, they were net buyers in 10 of 18 sectors, mainly in Banking. Their top net buys in matched trades included STB, VHM, HPG, FPT, GEX, SHB, VPB, TCB, ACB, and BID.
On the sell side in matched trades, individual investors net sold 8 of 18 sectors, mainly in Personal & Household Goods and Construction and Materials. Top net sells included NVL, VIC, MSN, CLI, MBB, VSC, HDB, REE, and VJC.
Proprietary trading net sold 1,198.4 billion dong, including a net sell of 991.3 billion dong in matched trades. In matched trades, proprietary trading bought in 5 of 18 sectors, with the strongest buying in Industrial Goods & Services and Basic Resources. Top net buys in matched trades included GEX, MBB, HPG, PVT, E1VFVN3O, GAS, GEL, DGC, REE, and VTP.
The top net sellers for proprietary trading were in the Financial Services group, with the most sold stocks including FUEVFVND, MWG, STB, VIC, VHM, FPT, VPB, HDB, VNM, and ACB.
Domestic institutions net sold 43.5 billion dong overall; in matched trades, they net bought 209.6 billion dong.
In matched trades, domestic institutions sold in 7 of 18 sectors, with the largest value in Basic Resources. Top net sellers included GEX, HPG, DGC, TCB, STB, MWG, KBC, VCI, SHB, and VIX. The largest net-buy value was in the Information Technology group, with top net buys including FPT, NVL, HDB, VCB, HAH, SSI, VSC, VCG, NAF, and ACB.
The value of negotiated deals reached 4,582.3 billion dong, up 29.2%, accounting for 19.4% of total transaction value. Notable negotiated trades included VIC with more than 69.5 million shares, equivalent to 1,672.8 billion dong traded between individuals and domestic institutions. PNJ also saw more than 2.5 million shares, equivalent to 286.4 billion dong traded between individuals in the country.
Money-flow allocation increased in Real Estate, Banking, Retail, Construction, Electrical Equipment, Oil & Gas Equipment, Software, Chemicals, Warehousing, and Personal Goods, while it declined in Securities, Steel, Food, Construction Materials, Shipping, Mining, Oil & Gas Extraction.
In matched trades, the share of money allocated to large-cap VN30 increased, while it declined in mid-cap VNMID and remained flat in small-cap VNSML.
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