The stock market experienced a positive trading week when recording an increase of 41 points after a long holiday. Positive developments have been recorded after the KRX system was officially put into operation.
Most stock industry groups in the market have shown recovery. In total, the VN-Index increased by 41 points compared to last week, equivalent to 3.34% to 1,267.3 points.
Market liquidity increased quite well, trading volume on weekdays was above average, showing improved sentiment and short-term cash flow increased again. For the whole week, the total trading value on the HOSE reached VND 85,822 billion.
Foreign trading is also a bright spot when buying net for 4/5 sessions. After a total of 5 sessions, foreign investors net bought VND1,222 billion in the whole market, marking the second week since the beginning of 2025 of net buying Vietnamese stocks.
On the HOSE, foreign investors focus on disbursing real estate stocks. Of which, DXG shares were net bought the most with a value of more than VND 262.2 billion, equivalent to a net purchase volume of 16.5 million units. Next, VIC was net bought for nearly VND259 billion and NLG was net bought for VND221.5 billion
Meanwhile, the major stock in the banking industry, VCB, was net sold the most by foreign investors with a value of approximately VND 426.5 billion, equivalent to a net selling volume of nearly 7.5 million units.
In second place was VHM shares with net sales of nearly VND 334 billion, equivalent to a net selling volume of 5.37 million units.
On the HNX floor, foreign investors net bought the most SHS shares with a net buying volume of 2.56 million units, the corresponding net buying value reached more than 32 billion VND; while the strongest net selling was PVS with a volume of nearly 1 million units, the net selling value was more than 25.1 billion VND.
Taking a look at the picture of the first quarter business results of listed businesses, one of the important industries that help the market and the economy go up to be the financial industry. While the whole market grew by 11.8% over the same period last year, the financial group recorded a growth rate of 14.1%, mainly thanks to the motivation from the banking group. Some other industries also maintain stable growth as real estate, with 3 consecutive quarters increased steadily.
One of the recent prominent industries is securities, especially related to the KRX system. The business results of this industry group have a clear differentiation, the main reason lies in the self-employment and margin lending sectors.
The stock market is expecting an upgrade in September, promising to bring large capital flows to Vietnam, thereby boosting liquidity and growth for the securities industry group. Currently, the stock industry's revenue mainly comes from margin lending, because the brokerage segment is facing fierce competition with the zero-fee policy, affecting brokerage revenue. Therefore, margin lending is expected to become the main growth driver.
On the market, we often hear the saying "Sell in May and go away". One of the factors that causes this phenomenon to occur is that after businesses hold general meetings of shareholders and announce their first quarter business results, the market falls into an information gap, and must wait until the second quarter business results to be able to establish a new trend.
Stock analyst, Dr. Nguyen Duy Phuong, Strategic Investment Director of DG Capital, said that in addition to the factor of corporate information, investors currently also need to pay special attention to tax issues. This is a factor that has a great influence, strongly affecting the market. Therefore, at present, investors who have achieved a reasonable profit should consider taking profits and monitoring new developments in tax policy, instead of focusing only on information from businesses.
