The VN-Index rose 7.30 points to close at 1,339.81 on May 27, up 0.55 percent from the previous session. Market sentiment remained steady throughout the day, with trading value reaching VND 25.03 trillion or around US$963 million, reflecting moderate investor participation.
Foreign investors returned to net selling, offloading VND 3.40 trillion worth of shares while purchasing just VND 2.28 trillion. This resulted in a net outflow of VND 1.13 trillion or approximately US$43.4 million, continuing the trend of cautious foreign sentiment observed in recent sessions.
Top foreign buys
- VNDIRECT Securities (VND): Closed at VND 16.20, up 2.86 percent, with strong buying volume of 408,660 shares
- ACB Bank (ACB): Ended at VND 21.45, down 0.23 percent, with foreign buys totalling 309,913 shares
- Kinh Bac City Development (KBC): Closed flat at VND 27.25; 269,820 shares were accumulated
- Hoa Phat Group (HPG): Flat at VND 25.55; 267,523 shares bought by foreign investors
- Gemadept (GMD): Rose 6.82 percent to VND 59.50; 222,787 shares acquired
Top foreign sells
- VIX Securities (VIX): Faced heavy selling of over 1 million shares
- HPG: Despite being a top buy, also saw foreign selling of 877,780 shares
- Novaland (NVL) and Vincom Retail (VRE): Continued to see foreign divestment
- Dat Xanh Group (DXG): Also recorded net foreign selling activity
Investor sentiment held up well despite the net foreign outflows, supported by strong domestic buying, particularly in mid-cap stocks like GMD and VND. The market’s mild uptrend suggests cautious optimism, although continued foreign selling may weigh on upside momentum in coming sessions.
See also: How to Open a Trading Account in Vietnam