The VN-Index rallied towards the end of the session, climbing 11.36 points (+0.71%) to close at 1,608.22. Trading volume and value remained robust, mirroring yesterday’s performance, with over 1.64 billion units changing hands, worth VND45,429 billion. On the HoSE, advancers outnumbered decliners, with 176 stocks rising and 156 falling.
Several real estate stocks rebounded despite facing selling pressure earlier in the day. Notably, CII soared to its daily limit with substantial volume, seeing nearly 69 million shares traded, equivalent to over 11% of its stake.
VN-Index breaches 1,600 points as trading volume surges.
PDR, which was initially down over 2%, staged a remarkable turnaround to finish 5% higher. NLG also recovered to close in positive territory. However, selling pressure persisted in stocks like DIG, DXG, and NVL, which fell between 2% and 3%, highlighting a clear divergence within the sector.
Defensive stocks in the power and oil & gas sectors attracted attention, with POW (+6.95%), PC1 (+3.33%), BSR (+2.26%), and PLX (+1.76%) among the notable gainers.
Select bank stocks witnessed a late surge, with LPB leading the pack, climbing 6.3% to VND38,050, followed by HDB (+3.6% to VND28,900) and BID (+3.2% to VND41,500).
On the HNX, advancers slightly edged out decliners, with 90 stocks rising and 82 falling. The HNX-Index edged up 0.01 points to close at 276.47. Trading volume and value remained healthy, with over 141.8 million shares traded, worth VND3,133.6 billion.
CEO and SHS, two heavyweight stocks, trimmed their losses, closing with minor declines and robust volume, exchanging 29.6 million and 20.5 million shares, respectively.
The UpCoM-Index dipped 0.05 points (-0.05%) to close at 109.2. Trading volume and value remained robust, with over 119.6 million shares changing hands, worth VND1,668.8 billion.
According to SSI Research, Vietnam’s stock market has been buzzing since July, with both indices and trading volumes surging. Several sessions on the HoSE witnessed trading values surpassing VND70,000 billion, largely driven by robust retail investor participation and the return of foreign investors, reflecting optimism about the economy’s prospects and market upgrade expectations.
A notable milestone was achieved on August 11, as the VN-Index breached the 1,600-point mark for the first time, eventually closing at 1,596.86, an 11.91-point gain. On August 12, the index continued its upward trajectory, surpassing 1,600 points during the morning session and concluding the day at a new peak.
SSI Research attributes the surge in trading volume to the influx of new individual investors (F0) post-pandemic. As of May, domestic individual trading accounts surpassed 10.2 million, equivalent to roughly 10% of the population, with an estimated 40-50% active rate, and this number is projected to grow further.
Technical Analysis for August 15: Mixed Signals Ahead
The VN-Index and HNX-Index both witnessed declines, accompanied by a slight dip in trading volume during the morning session. This cautious investor sentiment is indicative of a market characterized by prudence and circumspection.
Market Beat: Foreigners Maintain Heavy Sell-off, VN-Index Retreats to 1,630 Points
The trading session concluded with the VN-Index dipping 10.69 points (-0.65%), settling at 1,630 points. Likewise, the HNX-Index witnessed a decline of 2.81 points (-0.99%), closing at 282.34 points. The market breadth tilted towards decliners, as 609 stocks closed in the red, while 242 stocks ended in the green. The VN30 basket mirrored this trend, with 19 stocks losing ground against 9 gainers and 2 stocks remaining unchanged.
Stock Market Review: Foreign Investors Ramp Up Pressure
The VN-Index’s upward trajectory stalled as it dipped in the week’s final session. This pause is a necessary adjustment, allowing the market to consolidate gains and build a stronger foundation for future growth. However, the mounting selling pressure from foreign investors is a notable concern. If this trend persists, the index may face heightened challenges in the coming periods.
“Port of Nghe Tinh Reports Increased Profits Post-Audit Thanks to Land Lease Concessions, Shares Plummet Post-Three Peak Sessions”
Following a review, the Ha Tinh Port Joint Stock Company (HNX: NAP) has upwardly adjusted its profit by 5% due to a reduction in land lease costs. This pushes the company’s first-half 2025 profit to over VND 15 billion, the highest in its history. NAP’s stock has recently undergone a significant correction after reaching a peak of VND 16,000 per share.
The Vietnam Stock Exchange is Considering Implementing Intra-Day Trading, T+0
The Vietnamese stock market is set to introduce several notable products and features in the near future. These include extended trading hours, with the potential for uninterrupted trading through the lunch break, the implementation of T+0 trading, and allowing the sale of securities “on the way home.” The necessary legal framework and systems are in place, and the market eagerly anticipates the rollout decision from the relevant authorities.
