Market Overview

The Vietnamese stock market experienced its fourth consecutive session of growth, with the index closing 2.3 points higher. This follows a significant gain of 4.2 points in the previous session. Trading volume on the Ho Chi Minh Stock Exchange saw a decrease, settling at VND21.39 trillion (US$840 million), marking a 6% drop.

Key Performers

Among the VN-30 basket, which includes the 30 largest capped stocks, 12 tickers showed gains. Notable performers included VPB of private lender VPBank, which rose by 1.5%, followed by MWG of electronics retail chain Mobile World, up by 1.3%, and MBB of lender MB, which increased by 1.2%.

Notable Declines

On the downside, BVH of insurance company Bao Viet Holdings saw a decline of 2.3%, and FPT of tech giant FPT Corporation decreased by 1.3%.

Foreign Investment Activity

Foreign investors were net sellers, with sales totaling VND218 billion, primarily focusing on MSN of conglomerate Masan Group and FPT of IT giant FPT Corporation.

Other Market Indices

The HNX-Index for stocks on the Hanoi Stock Exchange, which houses mid and small caps, rose by 0.45%, while the UPCoM-Index for the Unlisted Public Companies Market increased by 0.24%.