Market Overview

The Vietnamese stock market kicked off the week with a slight increase, as the index closed 0.44 points higher, following a 6.75-point gain in the previous session. Trading on the Ho Chi Minh Stock Exchange saw a decrease of 3% to VND9.995 trillion (US$394.7 million), indicating a cautious approach from investors.

Performance of Key Stocks

In the VN-30 basket, which includes the 30 largest capped stocks, 13 tickers experienced gains. Notably, HDB of HDBank went up by 2.2%, MBB of MB rose by 1.6%, and TPB of TPBank increased by 1.5%. However, not all was positive as 14 blue chips fell, with POW of Petrovietnam Power Corporation closing 1.3% lower, VCB of Vietcombank slipping 0.9%, and MSN of Masan Group dropping 0.6%.

Foreign Investment Trends

Foreign investors were net sellers, offloading stocks to the tune of VND247 billion, with a significant portion of sales in VCB and HDB. This trend highlights the cautious stance of foreign investors in the current market environment.

Other Indices

The HNX-Index for stocks on the Hanoi Stock Exchange, which is home to mid and small caps, fell by 0.36%. Similarly, the UPCoM-Index for the Unlisted Public Companies Market decreased by 0.34%, reflecting a broader market hesitation.