Record-Breaking Trading Volume

Friday marked a historic day for the Ho Chi Minh Stock Exchange with VND42.21 trillion worth of stocks traded, setting a new single-day record. This surge came just a day after the market experienced its steepest plunge following U.S. President Donald Trump's announcement of import tariffs on all trading partners, a move that sent shockwaves through global markets.

Market Performance and Key Players

The VN-Index closed 19 points lower on Friday, after an 88-point drop in the previous session. The VN-30 basket, which includes the 30 largest capped stocks, saw 21 of its tickers fall. Notably, BCM, BVH, and GVR hit floor prices with a 7% drop, while GAS and MSN also saw significant decreases.

Bright Spots in a Turbulent Market

Despite the downturn, nine blue chips managed to rise, with LPB of Fortune Vietnam Bank leading the pack with a 7% gain. VIC and VNM also made notable recoveries, showcasing resilience in the face of market volatility.

Foreign Investment Trends

Foreign investors continued their net selling streak, offloading VND2.82 trillion worth of stocks, primarily in FPT and ACB. Meanwhile, the HNX-Index and UPCoM-Index showed mixed results, reflecting the diverse impact of global trade tensions on Vietnam's stock market.