Tag: urban delivery vehicles

Following a robust surge that brought it close to the 1,700-point mark, the VN-Index entered a consolidation phase, closing September at 1,661.7 points. While many analysts deem this adjustment healthy, the persistent net selling by foreign investors has sparked anxiety among a significant number of market participants.

The green hue dominated the market throughout the morning session. As the midday break approached, the VN-Index surged by over 33 points (+2.02%), reaching 1,679.1 points, while the HNX-Index also saw a robust increase of 2.54%, closing at 272.51 points. Market breadth strongly favored buyers, with 502 stocks advancing and only 168 declining.

Compared to its Asian counterparts, Vietnam, despite its rising economic prominence, lags in stock market rankings. This underscores the urgent need to reposition its market, often seen as the barometer of its economy.