Vietnamese Stock Market Reaches New Heights

The index marked its fourth consecutive session in the green, closing 3.5 points higher, signaling a robust performance in the Vietnamese stock market.

Trading Volume and Key Performers

Trading on the Ho Chi Minh Stock Exchange saw a 5.3% decrease to VND25.88 trillion (US$998 million), yet the VN30 basket, which includes the 30 largest capped stocks, witnessed 18 tickers gaining ground.

SHB of Saigon Hanoi Commercial Bank led the charge with a 5.4% increase, closely followed by LPB of Fortune Vietnam Bank, which rose by 3.8%. ACB of Asia Commercial Bank and SSB of SeABank also posted gains of 3% and 2.9%, respectively.

Decliners and Foreign Investment Trends

Despite the overall positive trend, eight blue chips experienced declines. VHM of property giant Vinhomes saw the most significant drop at 4%, with BCM of Becamex Investment and Industrial Development falling by 2.4%.

Foreign investors continued their net buying streak for the third consecutive session, totaling VND919 billion, with a focus on MBB of lender MB and SHB.

Broader Market Movements

The HNX-Index for the Hanoi Stock Exchange, catering to mid and small caps, edged up by 0.18%, while the UPCoM-Index for the Unlisted Public Companies Market climbed 0.69%.