Market Overview

The index closed 12.35 points higher after gaining 13.87 points in the previous session, marking a significant rebound.

Trading Volume

Trading on the Ho Chi Minh Stock Exchange saw a decrease by 7% to VND17.66 trillion (US$679 million), indicating a cautious market sentiment.

Top Performers

The VN-30 basket, which includes the 30 largest capped stocks, witnessed 18 tickers in the green. VIC of private conglomerate Vingroup led the pack with an impressive 7% gain, followed closely by BVH of insurance company Bao Viet Holdings, which rose by 5.6%.

Notable Gains

VHM of property giant Vinhomes climbed 4.6%, while HDB of HDBank closed 4.4% higher, showcasing strong performances in the real estate and banking sectors.

Decliners

On the flip side, eight blue chips experienced declines. ACB of Asia Commercial Bank dropped 1.8%, and TCB of private lender Techcombank closed 1.3% lower, reflecting some investors' profit-taking moves.

Foreign Investment

Foreign investors emerged as net buyers, injecting VND574 billion into the market, with a keen interest in HPG of steelmaker Hoa Phat Group and MWG of electronics retail chain Mobile World.

Other Indices

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell by 0.18%, whereas the UPCoM-Index for the Unlisted Public Companies Market enjoyed a 0.40% increase.