Market Overview

The Vietnamese stock market has witnessed a significant uptick, with the index closing 2.5 points higher, following a 4-point gain in the previous session. This surge marks a 2-year peak, reflecting growing investor confidence.

Trading Volume and Key Performers

Trading on the Ho Chi Minh Stock Exchange saw a 10% increase, reaching VND23.19 trillion (US$907 million). Among the VN-30 basket, which includes the 30 largest capped stocks, 15 tickers experienced gains. Notable performers include TCB of Techcombank, which led with a 5.4% rise, and MSN of Masan Group, which saw a 1.6% increase.

Foreign Investment Trends

Foreign investors emerged as net sellers, offloading VND323 billion worth of stocks. Their focus was primarily on TPB of TPBank and SSI of SSI Securities Corporation, indicating a cautious approach towards the Vietnamese market.

Other Market Indices

Contrasting the Ho Chi Minh Stock Exchange's performance, the HNX-Index for the Hanoi Stock Exchange fell by 0.42%, and the UPCoM-Index for the Unlisted Public Companies Market decreased by 0.36%. These movements highlight the diverse dynamics within Vietnam's stock market landscape.