Market Overview

The VN-Index experienced a significant rebound, closing 74.04 points higher after a previous session drop of 38.49 points. This surge marks a dramatic turnaround for the market.

Trading Volume

Trading on the Ho Chi Minh Stock Exchange saw a sharp decline, falling 80.5% to VND6.3 trillion (US$244 million), reaching the lowest level since December 2020.

Stock Performance

Nearly 98% of stocks on the exchange rose, with all tickers in the VN-30 basket, which includes the 30 largest capped stocks, hitting their ceiling prices with gains of 7%.

Foreign Investment

Foreign investors were net sellers, offloading VND855 billion worth of stocks, primarily in KBC of industrial real estate developer Kinh Bac City and TLG of office stationary maker Thien Long Group.

Other Indices

The HNX-Index for stocks on the Hanoi Stock Exchange, focusing on mid and small caps, fell by 4.21%, while the UPCoM-Index for the Unlisted Public Companies Market slightly decreased by 0.09%.