Stock Market

The market may appear "green on the outside, red on the inside" today, but this is not out of the ordinary. Profit-taking has been shortening the cycles of price hikes as investors focus on safeguarding their gains ahead of the upcoming final countervailing duties.

"VnDirect anticipates an upgrade for Vietnam to a secondary emerging market by FTSE in September. The securities industry and large-cap stocks in the FTSE Vietnam Index, such as HPG, VIC, VCB, VNM, MSN, and SSI, are expected to benefit from this change."

The selling pressure intensified during the afternoon session, with the VN-Index plunging to its intraday low at 2:15 PM. Successful efforts to prop up large-cap stocks pushed the index back above the reference level, but this had little impact on the majority of other stocks. The sea of red prevailed, with nearly a hundred stocks falling over 1%.

"With impressive business results in 2024 and comprehensive restructuring initiatives, Vietnam Airlines is laying the groundwork to realize its vision of becoming a top 2 carrier in Southeast Asia and entering the league of the top 10 most favored airlines in Asia."

The four VN30 index-tracking ETFs, namely DCVFMVN30 ETF, SSIAM VN30 ETF, KIM Growth VN30 ETF, and MAFM VN30 ETF, are expected to purchase a significant amount of DGC stocks while offloading their holdings in BVH and reducing their exposure to VIC and VHM.

"Ms. Nguyen Ngoc Linh has been appointed as the new Chief Executive Officer of DNSE Joint Stock Securities Company, effective July 1st, 2025, as per the recently published resolution by the DNSE Board of Directors.

As June draws to a close, the VN-Index soars to new heights, reaching a remarkable 1,376 points in today's session. The market is painted in a sea of green, particularly for mid-cap and small-cap stocks. A new chapter begins tomorrow, July 1st, as multiple brokerage firms are set to increase their service charges.

VAB is the 19th bank stock to be listed on the HoSE. With over 1 billion shares of NAB, belonging to Nam A Commercial Joint Stock Bank, being officially traded on the HoSE after leaving the Upcom exchange, VietABank follows suit, and other banks are expected to make the same move this year.

"Kafi Securities is offering an incredible promotion to waive 100% of trading fees for 30 days and provide a low Margin interest rate of just 6.5%. This opportunity empowers investors to focus on maximizing their profits without the usual concerns of transaction costs and capital. With this advantage, investors can swiftly boost their returns and take their trading to the next level."

On June 27, Mr. Nguyen Diep Tung, CEO of FPT Securities Joint Stock Company (FPTS, HOSE: FTS), registered to sell nearly 709,000 FTS shares through a matched transaction to meet his personal financial needs. The sale is expected to take place between July 3 and August 1.