
Market Overview
The VN-Index closed 2.43 points lower, a notable decline after gaining 5.88 points in the previous session. This drop reflects the ongoing volatility in the market.
Trading Volume Analysis
Trading on the Ho Chi Minh Stock Exchange saw a significant decrease, dropping by 30% to VND14.153 trillion (US$544.3 million). This marks the lowest trading volume since April 10, a period characterized by a lack of sellers despite investor interest.
Performance of Key Stocks
The VN-30 basket, which includes the 30 largest capped stocks, witnessed 13 tickers falling. Notably, VHM of property giant Vinhomes slid 6.1%, FPT of tech giant FPT Corporation saw a 2.6% drop, and VJC of budget airline Vietjet was down 2.1%.
On a brighter note, fifteen blue chips gained, with SAB of brewer Sabeco going up 3.4%, SSB of SeABank rising 2.8%, and LPB of Fortune Vietnam Bank closing 1.5% higher.
Foreign Investment Trends
Foreign investors emerged as net buyers, investing VND6 billion, primarily in MWG of electronics retail chain Mobile World and MBB of lender MB.
Other Indices Performance
The HNX-Index for stocks on the Hanoi Stock Exchange fell by 0.13%, while the UPCoM-Index for the Unlisted Public Companies Market experienced a slight decline of 0.03%.
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