Vietnam Daily Market Recap May 12

VN-Index rises 0.3%, while market liquidity plunges

The VN-Index closed at 1,901.1 on Tuesday, rising 5.6 points (+0.3%) and recovering above the 1,900 threshold after the previous session’s sharp sell-off.  Market breadth turned positive with 193 advancers, 136 decliners and 69 unchanged. However, HoSE matched value fell 24.7% DoD to VND19.1tn (USD730mn), below the 20-session average, reflecting cautious sentiment as investors remained selective following recent market volatility. The HNX-Index rose 2.1% to 253.3, up 5.2 points.

The VN30 gained 0.7% to 2,054.0, with 16 advancers and 13 decliners.

Sector performance remained mixed, although gains continued to dominate across key sectors. Oil & Gas led the market with a 3.5% increase, followed by Chemicals (+2.7%), Construction & Materials (+2.5%) and Insurance (+2.2%). Banking also supported the broader index, rising 0.3%. On the downside, Real Estate declined 0.2%, while Food & Beverage and Healthcare both fell 0.3%. Industrial Goods & Services edged down 0.2%.

Foreign investors continued net selling on HoSE, with total net outflows reaching VND820.3bn (USD31.0mn). FPT recorded the largest net selling value at VND171.6bn (USD6.5mn), followed by VHM at VND154.3bn (USD5.9mn) and MSB at VND136.7bn (USD5.2mn). On the buy side, foreign inflows focused on VIC at VND196.5bn (USD7.5mn), followed by VRE at VND118.4bn (USD4.5mn) and GEX at VND96.7bn (USD3.7mn). Diverging foreign flows alongside subdued liquidity suggested investors remained cautious despite the recovery in headline indices.

Read the full report: HERE