Vietnam Daily Market Recap Mar 05 – DXG Update

Stocks drop, led by O&G

The VN-Index opened lower on Thursday and closed down 0.5% at 1,808.5. Market liquidity fell, with total trading value down 26.3% DoD to VND35.4tn (USD1.3mn). The HNX Index traded in negative territory throughout the session, falling 0.1% to close at 257.6.

Among sectors, Oil & Gas (-5.9%), Chemicals (-4.8%), and Retail (-3.2%) led laggards today. Conversely, Real Estate (+3.4%) and Telecommunications (+0.4%) led gainers.

Top underperforming stocks today were GAS (-6.9%), MCH (-6.2%), and GVR (-7%), while VIC (+5.9%), VHM (+1.6%), and VPL (+1.6%) were top gainers.

Foreign investors net sold today, totaling VND3.1tn (USD118.4mn), focusing on FPT (VND573.8bn, USD21.8mn), HPG (VND289.7bn, USD11mn), and VHM (VND225.8bn, USD8.6mn). Conversely, foreign net buying was mainly observed in KDH (VND123.4bn, USD4.7mn), DPM (VND67.8bn, USD2.5mn), and TCX (VND31.5bn, USD1.2mn).

Read the full report: HERE