The VN30 basket continued to be dominated by reds. Specifically, VHM, VIC, MWG, and TCB were negatively impacting the overall index, deducting 1.71, 1.6, 1.43, and 1.28 points, respectively. In contrast, HPG, STB, PLX, and ACB were the pillar stocks that helped VN30 retain more than 2.5 points.
Source: VietstockFinance
|
Red continued to prevail in most sectors. Real estate was the weakest group in the market, falling by 0.91% as red spread wider than at the opening. Selling pressure was concentrated in leading stocks such as VIC, down 0.82%; VHM, down 1.43%; VRE, down 1.67%; and SSH, down 0.34%….
Next was the industrial group, which also recorded a decline. The reds were mainly in transportation and port stocks, with ACV down 1.16%, VJC down 1.75%, HVN down 0.39%, and GMD down 0.68%…
Meanwhile, the financial sector continued to face headwinds as most codes recorded losses. Specifically, BID fell by 0.28%, TCB by 1.13%, CTG by 0.52%, and MBB by 0.2%… On the other hand, some stocks showed a slight recovery, with VCB up 0.18%, ACB up 0.48%, and STB up 2.3%…
In contrast, the consumer staples sector performed better, rising by 0.25%. MCH led the gains, up 1.41%, followed by SAB, up 0.1%, and QNS, up 0.21%… Notably, HAG surged from the opening. Moreover, on June 6, 2025, Hoang Anh Gia Lai Joint Stock Company held its 2025 Annual General Meeting of Shareholders and presented to the shareholders a plan to issue a maximum of 210 million shares to convert Group B bond debt worth VND 2,520 billion.
Additionally, the energy sector continued its recovery, led by PVS, up 2.15%, and PVD, up 3.87%. From a technical perspective, PVD stock surged positively in the morning session of June 6, accompanied by trading volume exceeding the 20-session average, indicating more active trading. Furthermore, the MACD indicator continued to rise after a previous buy signal, further reinforcing the short-term recovery trend. Currently, PVD has successfully broken through the neckline (equivalent to the 19,200-19,700 range) of the Ascending Triangle pattern, while the price has crossed above the SMA 50-day and continues to trade above this level. If the outlook remains positive, the potential price target is 21,800-22,000.
Source: https://stockchart.vietstock.vn/
|
Compared to the opening, sellers still held the upper hand. There were 380 declining stocks versus 204 advancing stocks.
Source: VietstockFinance
|
Opening: VN-Index fluctuated, with real estate and financial sectors remaining weak
The market started with reds covering the two largest capitalization groups, finance and real estate. This caused the main indices to perform negatively at the opening. In particular, the VN30 index had the most negative impact as most of the stocks in this group lost points.
Specifically, the financial sector was polarized, with sellers having the upper hand. Notably, BID fell by 0.14%, TCB by 0.8%, CTG by 0.52%, and MBB by 0.41%… Only a few stocks managed to stay in the green, including ACB, up 0.24%; EIB, up 1.23%; SSB, up 0.28%; and FTS, up 0.54%…
The real estate sector fared no better, especially the Vingroup stocks, with VIC down 0.92%, VHM down 1.17%, and VRE down 1.67%, being the main factors putting pressure on this sector. Additionally, SSH fell by 0.45%, KDH by 0.5%, PDR by 0.82%, and some other stocks also contributed to the less-than-optimistic picture at the opening.
As of 9:30 am, strong polarization was observed, with over 1,000 stocks unchanged and reds slightly outpacing greens, with 223 declining stocks versus 210 advancing stocks.
– 10:40 06/06/2025
“VNM ETF and FTSE Review Forecast: Hotspot in Securities and Banking Stocks”
June 2025 is set to be a pivotal month for Vietnam’s stock market, with two large foreign ETFs gearing up for their periodic portfolio restructuring. This upcoming event has the potential to cause significant fluctuations in the market, making it a critical period for investors and market enthusiasts alike.
The Money Vacuum: Small Caps Suck In Cash, Weighing Down Indexes
The HoSE exchange witnessed a significant drop in liquidity today, falling by approximately 9% from the previous day, equating to a loss of over VND 2,000 billion. Amidst this decline, the VNSmallcap basket stood out as the sole exception, experiencing a slight uptick in liquidity. The representative index of this basket also outperformed the broader market, with numerous stocks reaching their ceiling prices.
Market Pulse June 4th: VN-Index Closes Slightly Lower, Foreigners Resume Net Selling
The market closed with the VN-Index down 1.74 points (-0.13%) to 1,345.51, while the HNX-Index bucked the trend and rose 1.25 points (+0.55%) to 230.19. The market breadth tilted towards decliners, with 379 stocks falling versus 340 advancing. The large-cap stocks also painted a gloomy picture, as reflected in the VN30 basket, where 21 stocks retreated, 6 advanced, and 3 remained unchanged.
Market Pulse June 4th: A Tale of Two Markets
The VN-Index witnessed a tug-of-war around the reference mark in the morning session, closing the mid-session with a slight loss of 0.64 points (-0.05%), settling at 1,346.61. Meanwhile, the HNX-Index continued its impressive winning streak, adding 1.74 points (+0.76%) to reach 230.68. The market breadth tilted slightly towards the advancers, with 353 gainers versus 290 decliners.
Market Pulse for June 4th: Caution Prevails, PVS and PVD Duo Maintains Positive Momentum
The cautious sentiment among investors resulted in a mixed performance for the market’s key indices, which hovered around the reference marks. As of 10:30 am, the VN-Index witnessed a slight dip of 1.17 points, hovering around the 1,346 mark. Conversely, the HNX-Index displayed resilience, climbing by 1.09 points to trade at approximately 230 points.
