Market Overview

The index closed 17.49 points lower after dropping 13.65 points in the previous session, marking a continued downturn in the Vietnamese stock market.

Trading Volume

Trading on the Ho Chi Minh Stock Exchange saw a significant decrease, down by 20% to VND19.465 trillion (US$753.3 million), indicating a cautious approach from investors.

Key Performers

The VN-30 basket, which includes the 30 largest capped stocks, experienced a notable decline with 22 tickers falling. Notably, FPT of tech giant FPT Corporation hit the floor price, while BCM of Becamex Investment and GVR of Vietnam Rubber Group closed lower by 5.3% and 3.7% respectively.

Gaining Stocks

Despite the overall downturn, eight blue chips managed to gain. VJC of budget airline Vietjet rose by 2.5%, TPB of private TPBank saw a 1.2% increase, and SHB of Saigon Hanoi Commercial Bank was up by 0.8%.

Foreign Investors

Foreign investors were net sellers to the tune of VND273 billion, with significant sales in FPT and MWG of electronics retail chain Mobile World.

Other Indices

The HNX-Index for stocks on the Hanoi Stock Exchange fell by 0.40%, while the UPCoM-Index for the Unlisted Public Companies Market decreased by 0.74%.