Market

Vietnamese Stock Market Sees Downturn After Four Days of Gains

Market Overview

The Vietnamese stock market experienced a slight downturn, closing 3.46 points lower after a four-session gaining streak. This comes after a modest increase of 0.44 points the previous day.

Trading Volume

Trading on the Ho Chi Minh Stock Exchange saw a significant increase, with volumes rising by 15% to VND11.48 trillion (US$454 million).

Performance of Key Stocks

The VN-30 basket, which includes the 30 largest capped stocks, witnessed a decline in 16 tickers. Notable decreases were seen in POW of Petrovietnam Power Corporation, HDB of HDBank, TPB of TPBank, and GVR of Vietnam Rubber Group.

Gainers and Losers

Despite the overall downturn, five blue chips managed to gain, with SSB of SeABank leading the pack with a 2.5% increase. MSN of Masan Group and MWG of Mobile World also saw slight gains.

Foreign Investment Trends

Foreign investors were net sellers, offloading VND166 billion worth of stocks, primarily in CTG of VietinBank and FRT of FPT Digital Retail.

Other Indices

The HNX-Index for the Hanoi Stock Exchange and the UPCoM-Index for the Unlisted Public Companies Market also experienced minor declines.