Market Overview

The Vietnamese stock market faced a downturn today, with the index closing 5.83 points lower after a slight gain in the previous session. Trading volume on the Ho Chi Minh Stock Exchange saw a significant decrease, dropping by 16% to VND18.789 trillion (US$734.5 million).

Key Performers

The VN-30 basket, which includes the 30 largest capped stocks, witnessed 19 of its tickers falling. Notable declines included FPT of tech giant FPT Corporation, which went down by 2.8%, TPB of private TPBank slipping 2.0%, and LPB of Fortune Vietnam Bank dropping 1.6%.

Gainers and Foreign Investment

Despite the overall downturn, seven blue chips managed to gain. HPG of steelmaker Hoa Phat Group was up 1.3%, VRE of retail real estate arm Vincom Retail rose 0.8%, and MWG of electronics retail chain Mobile World closed 0.5% higher. Foreign investors were net sellers, with a total of VND513 billion, primarily selling FPT and TPB.

Other Indexes

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell by 1.32%, while the UPCoM-Index for the Unlisted Public Companies Market decreased by 0.32%.