The Vietnamese stock market witnessed a lackluster performance during the final trading session of the week. Buying pressure weakened, causing the VN-Index to quickly fall below the reference level. However, the positive sign was that the decline narrowed towards the end of the session. At the close of June 13, the VN-Index fell 7.5 points to 1,315.49. Liquidity rose compared to the previous session, with the matching value on HoSE reaching VND 25,982 billion.
In terms of foreign trading, foreign investors continued to net buy over VND 86 billion in the entire market. Specifically:
On HoSE, foreign investors net bought nearly VND 98 billion
On the selling side, a series of securities and banking stocks such as VIX, SHB, and VND were net sold the most by foreign investors, with values of VND 77 billion, VND 56 billion, and VND 48 billion, respectively. FPT was also net sold up to VND 60 billion. In addition, FUEVFVND fund certificates were also among the top net sold stocks, with a value of VND 46 billion.
Conversely, CTG was the most net bought stock in the market, with a value of VND 131 billion. NVL, VPB, and VHM also received net buying of around VND 53-66 billion each. Additionally, MSN was net bought for VND 48 billion.
On HNX, foreign investors net sold over VND 36 billion
On the buying side, PVS stock was the most net bought on the HNX exchange, with a value of VND 40 billion. Following that, NTP, API, VC3, and VCS were net bought in the range of a few billion VND.
On the opposite side, CEO stock was net sold up to VND 51 billion; MBS and IDC were also net sold at around VND 15-16 billion each; LAS and HUT were net sold at a few billion VND.
On UPCOM, foreign investors net bought approximately VND 25 billion
In terms of net buying, DDV stock was heavily bought with a value of VND 30 billion. Additionally, VEA, ACV, and MCH were net bought at values ranging from VND 2-3 billion.
Conversely, MPC was net sold for VND 6 billion, while MML, BOT, and HBC were net sold for VND 1-6 billion each. QNS was also slightly net sold in today’s session.
Middle East Tensions: Impact on the Vietnamese Stock Market
The stock market in Vietnam witnessed a decline today (June 13th), mirroring trends across the region amidst Israel’s attack on Iran. The VN-Index fell by over 7 points, despite a valiant effort by oil and gas stocks, along with select banking sector equities, to steer the market in a positive direction.
The Powerhouse Industries: Banking and Oil to the Rescue, Yet Stocks Suffer
The Middle East tensions erupted suddenly before the domestic market opened, causing a significant impact. While the VN-Index was propped up by some large-cap stocks, a deep sell-off occurred across hundreds of stocks. The index closed slightly lower, down 0.57%, but 107 stocks fell by more than 2%, not to mention nearly 70 others that declined between 1% and 2%, or on the HNX.
Stock Market Outlook for June 9-13, 2025: Intense Tug-of-War
The VN-Index curbed its decline and concluded a volatile trading week, characterized by alternating sessions of gains and losses since dipping below the Middle Bollinger Band. Presently, the index is undergoing a short-term correction, with a crucial support zone hovering around the 1,300-point mark. Maintaining this level is essential to mitigate the risk of further significant declines in the near term. Additionally, a sustained net buying spree by foreign investors would positively influence investor sentiment.
The Foreigners’ Session: Net Buying Returns with a Bang, Snapping Up Stocks Worth Over VND 400 Billion, Defying the Sell-Off in Bank Shares
In the buying session, HPG witnessed the strongest net buying across the market, with a value of VND 222 billion.
Technical Analysis for June 13: Risk Signals Start to Emerge
The VN-Index and HNX-Index both witnessed a slight dip in the morning session, accompanied by an uptick in liquidity. This indicates a somewhat cautious sentiment among investors, as they navigate the current market landscape with a touch of hesitancy.
