Stock market: Vietnam’s VN-Index edges higher, foreign traders remain net sellers

The VN-Index closed at 1,611.60 on August 13, up 3.38 points or 0.21 percent, with trading value reaching VND 55.92 trillion or US$2.15 billion, according to the latest release from the Ho Chi Minh City Stock Exchangeview source.

Gains in mid- and small-cap stocks offset losses in the VN30, which slipped 0.09 percent to 1,753.71.

Market breadth

The VNMIDCAP rose 1.04 percent with trading value of VND 23.61 trillion or US$0.91 billion, and the VNSMALLCAP added 0.81 percent with VND 4.73 trillion or US$0.18 billion traded.

Sector performance was mixed, with technology (VNIT) down 2.04 percent at VND 2.98 trillion or US$0.11 billion and energy (VNENE) off 1.17 percent at VND 627.02 billion or US$24.12 million, while financials (VNFIN) gained 0.75 percent with VND 24.33 trillion or US$0.94 billion.

Foreign trading

Foreign investors recorded a net sell of VND 1.49 trillion or US$57.42 million, with total buys of VND 4.41 trillion or US$169.65 million and sells of VND 5.90 trillion or US$227.07 million.

MSN, VPB, and SHB were among the top net buys, while FPT and MSN led in total trading value.

Most active stocks

SHB (125.96 million shares), MBB (82.60 million shares), and HPG (79.87 million shares) topped trading volumes.

TAL, SGT, and CMG led percentage gains at 6.98, 6.98, and 6.97 percent respectively, while SC5, GEX, and COM posted the steepest declines at 5.00, 4.76, and 4.69 percent.

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

Create your listing