
Daily Market Update
Daily Market Watch 26/08/2025: Strong Rebound Led By Banking, Property, and Brokerage sectors
MARKET HIGHLIGHTS
o The VN-Index fluctuated in a narrow range in the morning. Investors were still rather cautious after the drop yesterday. Some retail investors who leverage highly faced margin call pressures as many stocks have been adjusted by over 15% in just several days. But total call volumes were not that much as we observed. This raised some concerns and impacted sentiment. However, several large cap stocks started gaining momentum and contributed well to the Index, including VHM, VIC, and HPG. The Index moved up slightly (+0.4%) at the end if the morning as a result.
o The momentum accelerated in the afternoon as strong foreign net buying lifted sentiment across sectors. Banking stocks led the rally with a broad-based recovery, while key pillars VHM and VIC extended gains. Investor confidence was further boosted by market chatter that select VN30 companies may sign MoUs related to crypto and digital assets during this week. Some mentioned that SSI may sign an MoU with FTSE and Vaneck. These rumors drove strong rallies in banking, brokerage, and technology stocks. Investors were more confident that the adjustment phase has been over and they quickly jumped in to buy. Stock prices increased strongly accross the board after 2 weakening days. The VN-Index closed at 1,667.63, up 53.6 points (+3.32%).
o Liquidity remained subdued at USD 1.48bn, down 8.2% DoD and 27% below the 1W average. Sellers were less active as stock prices recovered strongly. Besides, liquidity tend to be muted before a long holidays. Foreign investors returned to be net buyers, snapping a 12-session selling streak with USD 36.1mn of inflows. Their buying was more active in the afternoon and contributed well to the recovery. Buying was concentrated in MSB (+USD 19.7mn), VIX (+USD 5.7mn), and MWG (+USD 4.7mn), while selling pressure persisted in HPG (-USD 4.4mn), VHM (-USD 4.3mn), and SSI (-USD 3.6mn).