Market Overview

The Ho Chi Minh Stock Exchange saw a decrease in trading volume by 6%, reaching VND12.09 trillion (US$475 million). Foreign investors have continued their net selling streak for seven consecutive sessions, with a total net sell of VND669 billion. This trend has been primarily driven by withdrawals from key stocks such as FPT of IT giant FPT Corporation and MWG of electronics retail chain Mobile World.

Key Stocks Performance

The VN-30 basket, which includes the 30 largest capitalized stocks, experienced a downturn with 25 tickers falling. FPT recorded the steepest drop at 1.3%, followed by MWG at 1.1%, and VRE of retail real estate arm Vincom Retail at 0.9%. However, some blue-chip stocks managed to gain, including VHM of property giant Vinhomes, which rose by 0.9%.

Other Indices

Meanwhile, the HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell by 0.07%. In contrast, the UPCoM-Index for the Unlisted Public Companies Market saw a slight increase of 0.14%.