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Risks from the Middle East have not fully cooled, with negotiations still difficult, leaving cash flow yet to return broadly to the market as VN-Index has risen too sharply. The index closed the session up nearly 20 points, advancing to around 1,837 points, but breadth showed strong dispersion, with 147 decliners among 154 advances.
Stocks from the Vingroup group continued to drive the market, but there was rotation from VIC to VHM. VHM hit the ceiling, contributing more than 8.16 points to the overall index, while VIC rose about 1%, contributing 5 points. VPL also stood out, contributing nearly 15 points of the almost 20-point VN-Index gain.
The return of the large banking group supported the index, with VCB, BID, CTG, and TCB among the positive contributors. Retail stocks also posted gains, with green ticks including MSN, MCH, VNM, MWG, PNJ, while technology stocks rose more than 1% after a string of declines.
Most other stocks faced downward pressure as cautious money did not flow in. Representative laggards included VPB, MBB, GAS, GVR, ACV, VJC, and HVN. In energy, stocks continued to switch color as conflict signs eased and the oil price outlook improved; BSR fell more than 2%, while PVD and PVS remained active.
Liquidity across the three exchanges fell to a low, totaling 21,400 billion dong. Foreign investors sold net more than 639.0 billion dong; excluding matched trades, they bought net 235.2 billion dong.
Foreign net buying on matched trades was strongest in the Retail and Information Technology sectors. Top net-buying stocks by foreigners on matched trades included SSI, MWG, FPT, VHM, PNJ, MSN, HPG, HDB, VRE, and TPB.
On the selling side, foreigners net-sold in matched trades in Banks, including VPB, VIC, BSR, TCB, BID, HCM, CII, GMD, and MBB.
Individual investors sold 165.5 billion dong, with net selling of 298.0 billion dong in matched trades. In matched trades, individuals bought net in 9 of 18 sectors, mainly Financial Services. Top net buys among individuals included HCM, HPG, DGC, SHB, BSR, GEE, TCB, MBB, BID, and VPB.
Top net sellers among individuals included MWG, VPI, SSI, MSN, GEX, PNJ, FPT, VHM, and VRE.
Domestic institutions sold 290.7 billion dong, with net selling in matched trades of 935.7 billion dong. In matched trades, the largest sector net selling was Banks, with top net-sellers including HCM, HPG, VHM, HDB, FPT, MSN, SHB, VCB, GEE, and MBB.
The value of negotiated trades reached 3,819.8 billion dong, up 3.6%, accounting for 16.6% of total trading. Notable negotiated trades included VIC with more than 4.2 million shares (about 795.1 billion dong) sold by foreigners to domestic institutions.
Negotiated trades also appeared for the Securities group, including HCM with 486.6 billion and VIX with 190.1 billion, and VJC with 473.3 billion between domestic individuals.
The distribution of cash flow allocation shifted upward in Banking, Securities, Steel, Construction, Aquaculture & Fisheries, and Electrical Equipment, while decreasing in Real Estate, Chemicals, Food, Retail, Information Technology, and Transportation. In matched trades, the weight of money shifted toward mid-cap VNMID, while decreasing in large-cap VN30 and small-cap VNSML.
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