Market Overview

Following a slight gain in the previous session, the market index experienced a downturn, closing 5.25 points lower. This shift reflects the volatile nature of the current market environment.

Trading Volume and Key Stocks

Trading on the Ho Chi Minh Stock Exchange saw a significant decrease, dropping by 26% to VND7.51 trillion (US$296 million). Among the VN-30 basket, which includes the 30 largest capped stocks, 21 tickers fell, indicating widespread market unease.

Notable Losers: HDB of HDBank led the downturn with a 4.1% decline, closely followed by BCM of Becamex Investment and Industrial Development, which fell by 1.5%. SSI of SSI Securities Corporation and CTG of VietinBank also saw losses, dropping 1.2% and 1.1% respectively.

Gaining Stocks and Foreign Investment

Despite the overall market decline, seven blue chips managed to gain. PLX of Petrolimex led the gainers with a 1.8% increase, while VHM of Vinhomes and VIC of Vingroup also saw modest gains.

Foreign investors played a significant role in the day's trading, acting as net sellers to the tune of VND439 billion. Their focus was primarily on STB of Sacombank and VNM of Vinamilk, which were among the most sold stocks.

Other Market Indices

The HNX-Index for the Hanoi Stock Exchange, which is home to mid and small caps, saw a slight increase of 0.03%. Conversely, the UPCoM-Index for the Unlisted Public Companies Market experienced a decline, dropping by 0.48%.