Vietnam Daily Market Recap Dec 15

Stocks edge lower as Vingroup-related tickers weigh on index

The VN-Index opened lower on Monday and traded sideways throughout the session, closing down 0.1% at 1,646, with most of the decline attributed to Vingroup-related tickers, including VIC (-0.8%), VHM (-1.7%) and VPL (-7.0%). Market liquidity increased, with total trading value increasing 8.4% DoD to VND18tn (USD684.6mn). The HNX Index opened higher but posted a decline of 0.3% at 249.4.  

Sector performance was mixed today. Industrial Goods & Services (-1.0%), Real Estate (-0.8%), and Construction & Materials (-0.1%) declined. In contrast, Oil & Gas (+3.5%), Financial Services (+1.2%) and Travel & Leisure (+1.0%) posted gains.  

Top laggards today included VIC (-0.8%), VHM (-1.7%), and VPL (-7.0%). Top performers included VPB (+3.6%), TCX (+6.6%) and BRS (+6.7%).   

Foreign investors net bought today with VND662.2bn (USD25.2mn), with buying momentum focused on TCX (VND168.9bn, USD6.4mn), VIX (VND153.9bn, USD5.9mn) and HPG (VND135.3bn, USD5.1mn), while foreigners mainly sold VIC (VND246.8bn, USD9.4mn), MBB (VND89.0bn, USD3.4mn), and MSN (VND75.1bn, USD2.9mn). 

Read the full report: HERE