Stock market: Vietnam’s VN-Index climbs, foreign traders extend net selling

The VN-Index rose 17.83 points, or 1.09 percent, to close at 1,654.20 on August 19, with total trading value reaching VND 54.75 trillion (US$2.1 billion), according to the latest data from the Ho Chi Minh City Stock Exchangeview source.

Large caps outperformed, with the VN30 up 1.35 percent, while small caps also advanced 1.42 percent.

Foreign investor activity

Foreign investors remained net sellers, offloading VND 1.5 trillion (US$57.7 million). 

Total foreign buying reached VND 3.52 trillion (US$135 million) against selling of VND 5.02 trillion (US$193 million). 

SSI, MWG, SHB, GEX, and MBB were the main beneficiaries of foreign net buying, while selling pressure concentrated on blue chips like SSI, FPT, HPG, and VPB.

Top movers

  • Banks drove volumes, with SHB (134.1 million shares), VPB (89.7 million), and TPB (70.6 million) dominating turnover.
  • Top gainers included PET (+6.99 percent), KBC (+6.99 percent), and DSE (+6.99 percent).
  • Top losers were TCO (-6.54 percent), TNC (-5.21 percent), and NVT (-4.98 percent).

Sector performance

Financials surged, with VNFIN, VNFINLEAD, and VNFINSELECT each up 2.89 percent, while industrials and consumer stocks also advanced. 

Construction (-1.61 percent) and materials (-0.91 percent) lagged, while energy and utilities dipped slightly.

Market takeaway

Strong bank-led gains pushed the VN-Index higher, though persistent foreign selling kept sentiment cautious. 

Investors rotated into financials and selected blue chips, while exporters and real estate shares remained under pressure.

See also: Explainer: What’s Driving Vietnam’s Stock Market Rally?

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