Stock market: Vietnam’s VN-Index edges up as foreign investors net sell US$74.8 million, Monday

The VN-Index closed at 1,636.37 on Monday, gaining 6.37 points or 0.39 percent, with market liquidity at VND 45.09 trillion or US$1.73 billion, according to the latest data from the Ho Chi Minh City Stock Exchangeview source.

Blue chips moved modestly, with the VN30 adding 3.12 points to 1,786.37, while mid- and small-caps outperformed, both rising over 1.4 percent.

Foreign trading summary

Foreign investors returned to strong selling, offloading VND 5.65 trillion or US$217.1 million and buying VND 3.70 trillion or US$142.3 million. This left a net outflow of VND 1.95 trillion or US$74.8 million.

Top foreign buys

Major net buys were recorded in Vietnam Prosperity Bank (VPB), Vietcombank (VCB), Hoa Phat Group (HPG), Gemadept (GMD), and Phat Dat Real Estate (PDR).

Top foreign sells

Heavy selling pressure was seen in FPT Corporation (FPT), Mobile World Investment (MWG), Saigon – Hanoi Bank (SHB), and several large-cap financials, contributing to the day’s net outflow.

Market highlights

Trading was led by SHB with 111.1 million shares exchanged, followed by HPG with 69.1 million, PDR with 54.6 million, MBB with 53.6 million, and TPB with 50.8 million. Biggest gainers included BSR (+7.00 percent) and SAM (+6.96 percent), while notable losers were TCO (-5.80 percent) and TNT (-4.30 percent).

Closing view

The VN-Index managed a mild gain on broad-based support from mid- and small-caps, though foreign investors’ US$74.8 million net selling signalled persistent caution toward Vietnam’s equity market.

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

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