Market Session Overview
During the midday session on August 21, the Vietnamese stock market maintained a slight recovery, though breadth remained clearly divided. VNINDEX rose 4.9 points, or 0.3%, to 1,739.1 points, with trading volume reaching 201.4 million shares.
This movement suggests that support is still present, but cash flow has not spread evenly. The upward momentum is leaning toward a handful of leading groups, while many deeply declining stocks continue to create selective pressure across sectors.
Notable Stocks
On the upside, notable breakouts on HOSE included PNJ, up 7.0%, TEG, up 6.8%, and SVD, up 6.8%. These were rare bright spots in a market that is still trading with a divided rhythm.
On the downside, sharp declines continued in TCD, down 8.3%, DTT, down 6.9%, and STG, down 6.9%. This reflects profit-taking pressure or individual weakness in several highly volatile stocks.
| Ticker | Performance |
|---|---|
| PNJ | +7.0% |
| TEG | +6.8% |
| SVD | +6.8% |
| TCD | -8.3% |
| DTT | -6.9% |
| STG | -6.9% |
Liquidity and Capital Flows
Trading activity was concentrated heavily in financial stocks, led by VIX with 22.1 million shares, SSI with 16.8 million shares, and SHB with 7.9 million shares. This signals that capital continues to favor highly recognizable and actively traded names.
From a market perspective, high liquidity in these stocks helped sustain the index's recovery, but it also shows that investors are being selective rather than broadening their buying across the entire basket of stocks.
| Ticker | Volume |
|---|---|
| VIX | 22.1 million |
| SSI | 16.8 million |
| SHB | 7.9 million |
Technical Signals
Among the standout technical signals, CLW achieved a composite score of 72.4, GMD scored 70.8, and NAF scored 69.8. These stocks are showing a more positive technical profile than the broader market, although the sustainability of the trend still needs confirmation in the coming sessions.
Sector Analysis
The Financial Services group remained the focal point, with VIX, SSI, VND, VCI, and HCM all recording relatively solid buying interest. In Banking, HDB, SHB, VPB, VCB, and TCB maintained slight gains, helping to hold up the index.
The Consumer Cyclicals and Real Estate Funds groups also had some bright spots, including VSC, PVT, GMD, HAH, BCM, VRE, and TCH. Even so, the overall picture remains one of divergence, with many stocks posting only modest gains rather than a unified breakout.
| Ngành | Diễn biến nổi bật |
|---|---|
| Dịch vụ TC | VIX, SSI, VND |
| Ngân hàng | HDB, SHB, VPB |
| Hàng CN | VSC, PVT, GMD |
| Quỹ BĐS | BCM, VRE, TCH |
HNX and UPCOM
On HNXINDEX, the index fell 0.3% to 277.7 points, indicating that a mild correction is still present. Some stocks rose sharply, such as PGS up 9.4% and MBG up 9.1%, which made the trading picture less negative, but selling pressure in several other stocks remains quite evident.
On UPCOMINDEX, the index rose 0.4% to 127.8 points. Notable gainers included DCT up 25.0%, VDN up 14.8%, DKG up 14.7%, NDC up 14.5% and GND up 14.3%, while some stocks still fell sharply, such as DWC down 35.4% and FTI down 32.4%.
| Exchange | Index | Change |
|---|---|---|
| HNXINDEX | 277.7 | -0.3% |
| UPCOMINDEX | 127.8 | +0.4% |
Outlook and Risks
In the short term, VNINDEX is holding the 1,739-point zone, but the current upward momentum remains more selective than broad-based. If liquidity continues to be sustained in the financial sector and leading stocks maintain a positive trend, the market may continue testing higher levels.
Conversely, if cash flow weakens or the sharply declining groups continue to expand, volatility pressure will increase more clearly. Investors should closely monitor market breadth, liquidity, and the reaction of leading sectors in the coming sessions.