New Era for Vietnam's Stock Market

After over a decade of preparation, the new trading system, developed in partnership with the Korean Stock Exchange, has officially gone live. This marks a significant milestone for Vietnam's financial markets, introducing changes to order prioritization, modifications, cancellations, and trading hours for restricted stocks.

Market Performance

The VN-Index surged by 13.75 points, recovering from a slight dip in the previous session. Despite the overall positive momentum, trading volume on the Ho Chi Minh Stock Exchange decreased by 7.6%, totaling VND14.352 trillion (US$552.9 million).

Stock Highlights

Within the VN-30 basket, 19 stocks saw gains, led by Vincom Retail (VRE), Vietnam Rubber Group (GVR), and Becamex Investment and Industrial Development (BCM). On the downside, seven blue-chip stocks experienced declines, including Fortune Vietnam Bank (LPB) and Vinamilk (VNM).

Foreign Investment

Foreign investors emerged as net buyers, injecting VND126 billion into the market, with a focus on VRE and Masan Group (MSN).

Other Indices

The HNX-Index for mid and small caps on the Hanoi Stock Exchange rose by 1.24%, while the UPCoM-Index for unlisted companies saw a marginal decrease of 0.05%.