Specifically, VIC rose 5.6% to 131,000 VND per share, setting a new peak. Vingroup’s market capitalization surpassed 508 trillion VND (nearly $20 billion), the highest in history, second only to Vietcombank (over 531 trillion VND). Forbes updated the net worth of Mr. Pham Nhat Vuong, Chairman of Vingroup’s Board of Directors, to $13.2 billion, making him the richest man in Vietnam and 208th in the world.
In another development, the downward trend spread across the market, with large-cap stocks and banking pillars falling in unison. All 27 bank stocks on the exchange declined, with EIB falling for the third consecutive session. Today, VIB, TPB, OCB, and MSB also hit their daily limit downs. VPB fell 6.8% to 33,500 VND per share, close to the daily limit down, and was the most negative stock, causing the VN-Index to lose 4.6 points.
Bank stocks continued to be heavily sold.
Banking stocks also dominated the group that dragged the market down, including BID, TCB, CTG, ACB, VCB, LPB, VIB, and STB. 9 out of the 10 most negative stocks belonged to this group. The remaining stock was BSR, which fell to its daily limit down for the second consecutive session. Last week, this stock attracted attention by gaining in all 5 sessions, with 4 sessions hitting the ceiling price.
The ceiling price also appeared in the real estate group (CII, HU1, HAR) and securities group (VDS, TVS)… Meanwhile, the market witnessed some逆 stocks, notably HAG of Hoang Anh Gia Lai, which hit the ceiling price with more than 43.4 million shares traded. Recently, the Ho Chi Minh City Stock Exchange (HoSE) has issued a decision to remove the warning status of HAG stock from tomorrow (August 26).
VIC acted as a support, contributing more than 6 points to the VN-Index. The stock surged 5.56%. Some other large-cap stocks such as SSI, GAS, VHM, and VJC also traded positively compared to the overall market.
At the end of the trading session, the VN-Index decreased by 31.44 points (1.91%) to 1,614.03 points. The HNX-Index fell 5.9 points (2.17%) to 266.58 points. The UPCoM-Index dropped 0.68 points (0.62%) to 108.58 points.
Liquidity decreased significantly, with the trading value on HoSE at over 41.8 trillion VND. Foreign investors net sold nearly 1,800 billion VND, focusing on HPG, VPB, STB, VHM, FPT, and CTG.
Is Now the Time to Buy Bank Stocks?
The banking sector stocks witnessed a sharp sell-off for the second consecutive session, reversing course after a scorching rally. As the VN-Index retreats from its peak, will this sector’s momentum persist or falter?
The Ultimate Guide to Reaching New Heights: Vietstock Daily 27/08/2025
The VN-Index demonstrated resilience by maintaining its position above the middle of the Bollinger Bands, and its impressive recovery was highlighted by a surge of nearly 54 points. To ensure a more sustainable upward trajectory, an improvement in trading volume is necessary. If the index surpasses the previous peak of 1,680-1,693 points in upcoming sessions, it will pave the way for reaching new heights.
Technical Analysis for the Session on August 27: Climbing Higher
The VN-Index and HNX-Index soared in unison, reaching new heights. The ADX indicator confirmed the market’s robust momentum, signaling a bullish trend for investors.
Market Pulse, August 27: Stumbles Under Foreign Investors’ Selling Spree
The VN-Index experienced a back-and-forth session, hovering around the 1,675-point mark throughout the afternoon. Despite significant support from the market heavyweight VCB, which surged to its daily limit, the index couldn’t sustain its gains and ended the trading day on a rather lackluster note. The selling pressure from foreign investors weighed heavily on the market, eroding much of the early gains.
Vietstock Daily: Summit Showdown
The VN-Index pared its gains towards the end of the trading session on August 27th, forming a Long Upper Shadow candle. This indicates that profit-taking pressures remain robust at the previous peak of 1,680-1,693 points. Additionally, with the Stochastic Oscillator indicator continuing to weaken after issuing a sell signal, it suggests that the index is likely to encounter further volatility in the upcoming sessions.
