Vietnam Daily Market Recap March 27

VN-Index jumps 1.7%, extending recovery to third day

The VN-Index closed Friday at 1,672.8, up 28.2 points or 1.7%, extending its recovery to a third consecutive session. Market breadth was positive, with 253 advances, including 12 at ceiling price, against 90 declines, including three at floor price, and 39 unchanged. HoSE matched value rose 18.3% DoD to VND20.3tn (USD771mn), approaching the 20-session average. The HNX-Index rose 1.66% to 252.4. For the week ending March 27, the VN-Index gained 25 points or 1.5%, supported by easing geopolitical tensions and a moderate pullback in oil prices as conflict risks showed signs of de-escalation.

The VN30 rose 1.7% to 1,821.5, with 27 advances, including one at ceiling price, and two declines, with no constituent hitting its floor price, reflecting broad and relatively uniform participation across large-cap names.

Sixteen of 17 sectors advanced. Chemicals led with gains of 3.4%, followed by Retail Services at 2.8%, Oil & Gas at 2.4%, Resources at 2.4%, Technology at 2.2%, Real Estate at 2.2%, Financial Services at 1.7%, Insurance at 1.7%, Banking at 1.6%, Industrial Goods & Services at 1.2%, Utilities at 0.8%, Auto & Parts at 0.8%, Construction & Materials at 0.7%, Food & Beverage at 0.5%, Leisure & Entertainment at 0.5% and Healthcare at 0.1%. Telecoms was the sole decliner, falling 1.1%, partly reversing the prior session’s outsized gain of 8.5%. The broad advance across 16 sectors, combined with a recovery in turnover, pointed to more constructive market conditions relative to the prior two sessions.

Foreign investors recorded net selling of VND89bn (USD3mn) on HoSE, the smallest net outflow in seven sessions and a marked improvement from VND701bn (USD27mn) the prior session. On the sell side, STB posted the largest outflow at VND270.4bn (USD10mn), followed by DGC at VND110.8bn (USD4mn), FPT at VND84.5bn (USD3mn) and NVL at VND74.3bn (USD3mn). On the buy side, HPG attracted the largest inflow at VND125.7bn (USD5mn), followed by DCM at VND96bn (USD4mn), VIX at VND77.4bn (USD3mn) and MWG at VND67bn (USD3mn).

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