
Market Rebounds
The VN-Index showed resilience by closing 13.87 points higher after a slight drop of 9.94 points in the previous session. This turnaround highlights the dynamic nature of the Ho Chi Minh Stock Exchange.
Trading Volume Declines
Trading activity saw a significant decrease, with volumes down by 44% to VND18.996 trillion (approximately US$730.9 million). This shift indicates a cautious approach from investors amidst market fluctuations.
Performance of VN-30 Stocks
The VN-30 basket, which includes the 30 largest capped stocks, witnessed 23 tickers gaining. Leading the charge was VRE of Vincom Retail with a notable 6.6% increase, followed by BCM and SAB, which rose by 5.8% and 4.3% respectively.
Blue Chips That Fell
Not all was positive, as five blue chips experienced declines. SSB of SeABank dropped by 3.6%, SHB of Saigon Hanoi Commercial Bank decreased by 1.5%, and STB of Sacombank fell by 1.1%.
Foreign Investors' Activity
Foreign investors were net sellers, offloading stocks worth VND98 billion, with significant sales in FPT Corporation and Vinhomes, indicating a strategic pullback from these giants.
Other Indices Performance
The HNX-Index for mid and small caps on the Hanoi Stock Exchange rose by 1.80%, while the UPCoM-Index for unlisted public companies increased by 1.99%, showcasing broad market recovery.
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