Vietnam Daily Market Recap June 12

VN-Index falls 0.4%, liquidity picks up 

The market closed out the week on a cautious note on Friday, as the VN-Index shed 7.0 points (-0.4%) to finish at 1,791.7. On a weekly basis, the index lost 47.3 points (-2.6%), reflecting sustained selling pressure throughout the week. Market breadth was negative with 114 advancers (four at ceiling price), 175 decliners (two at floor price), and 67 unchanged. The HNX-Index also retreated, falling 2.4 points (-0.8%) to 302.5.

The VN30-Index dipped 2.9 points (-0.2%) to 1,944.4, with 14 advancers, four unchanged, and 12 decliners, indicating that large-cap names held up relatively better than the broader market. The VN100 declined 0.3% to 1,865.9.

Sector performance was mixed, with only seven of 19 industry groups closing in the green. Media led advancers with a gain of 1.3%, followed by Tourism & Entertainment (+1.2%), Utilities (+1.2%), Construction & Materials (+0.6%), and Automobiles & Auto Parts (+0.3%). On the downside, Insurance faced the steepest correction at -1.7%, followed by Real Estate (-1.2%), Chemicals (-0.6%), Resources (-0.6%), and Telecommunications (-0.2%).

HoSE liquidity surged 57.1% DoD to VND14.6tn (USD561.9mn), signaling a notable pickup in selling activity into the weekly close. Foreign investors extended their net selling streak, recording an outflow of VND492.0bn (USD18.9mn). Net selling was concentrated in VIC (VND88.6bn/USD3.4mn), VHM (VND77.5bn/USD2.9mn), MBB (VND58.5bn/USD2.3mn), MWG (VND58.2bn/USD2.2mn), and VPB (VND55.6bn/USD2.1mn). On the buying side, SHB led foreign net purchases at VND53.2bn (USD2.0mn), followed by FPT (VND50.9bn/USD2.0mn) and ACB (VND50.0bn/USD1.9mn).

Read the full report: HERE