Vietnam’s VN-Index fell 7.31 points to close at 1,495.21 on Thursday, a 0.49 percent drop, as foreign investors returned to net selling amid broad declines in major sectors, according to the latest release from the Ho Chi Minh City Stock Exchange→view source.
Market overview
Total trading value on the Ho Chi Minh Stock Exchange (HOSE) reached VND 39.32 trillion or approximately US$1.51 billion, with over 1.5 billion shares traded.
The VN30 index, which tracks the 30 largest stocks by market capitalisation and liquidity, slipped 1.12 points to 1,614.11.
Large-cap indices such as VN100 and VNALLSHARE also saw modest declines.
Mid-cap and industrial stocks were among the worst performers, while small caps and information technology stocks showed resilience.
The VNIT index rose 2.71 percent, the highest sectoral gain of the day.
Foreign investor activity
Foreign investors were net sellers, offloading VND 5.78 trillion (US$222 million) and buying VND 3.47 trillion (US$133.5 million), resulting in a net sell value of VND 2.3 trillion or US$88.5 million.
This marks a reversal from their net buying trend earlier in the week.
SHB, SSI, and HPG were the top stocks by foreign trading volume, while FPT, SSI, and CTG led in terms of trading value. Net buying was strongest in SHB, VPB, and FPT.
Top movers
- Top traded stocks: SHB (124.46 million shares), VPB (66.85 million), SSI (57.13 million), VND (55.7 million), HPG (52 million)
- Biggest gainers: TAL (+20 percent), PNJ, PGV, GEG, EVG (all around +7 percent)
- Biggest losers: DLG (-6.99 percent), PNC, CLW, SFC, HNA (each down nearly 7 percent)
New listing
Taseco Real Estate Investment JSC (TAL) debuted on HOSE with 311.85 million shares traded.
The reference price on its first trading day was set at VND 25,500 per share.
Outlook
The return of foreign net selling and broad-based sector declines suggest investor caution as August begins.
See also: Explainer: What’s Driving Vietnam’s Stock Market Rally?