Positive Close for Vietnam's Main Stock Index

The index concluded the week with a 2.61-point increase, following a 27.12-point gain in the previous session. Trading on the Ho Chi Minh Stock Exchange saw a 16% decline, totaling VND17.659 trillion (US$695.6 million).

Within the VN-30 basket, which includes the 30 largest capitalized stocks, 13 tickers experienced gains. Notable increases included SSI of brokerage SSI Securities Corporation, up 2.5%, VIC of private conglomerate Vingroup, rising 2.4%, and GVR of Vietnam Rubber Group, closing 2.2% higher. Conversely, 17 blue chips fell, with SHB of Saigon Hanoi Commercial Bank down 1.4%, TPB of private TPBank sliding 1.2%, and BCM of Becamex Investment and Industrial Development dropping 1.0%.

Foreign investors were net buyers, accumulating VND358 billion, primarily in TCB of private lender Techcombank and SSI. Meanwhile, the HNX-Index for stocks on the Hanoi Stock Exchange fell 0.29%, and the UPCoM-Index for the Unlisted Public Companies Market dropped 0.17%.

Globally, most Asian shares experienced declines on Friday due to political unrest in South Korea, as reported by Reuters. However, Chinese shares reached three-week highs as investors anticipated a top-level policy meeting next week that will outline China's economic agenda and targets for the coming year.