Vietnam Daily Market Recap May 14

VN-Index surges 1.4%, foreign investors return to net buying

The VN-Index closed at 1,925.5 on Thursday, up 27.1 points (+1.4%) as the market staged a positive recovery following early-session volatility. Market breadth turned positive with 163 advancers (two at ceiling price), 127 decliners (one at floor price) and 76 unchanged. HoSE matched value fell 27.1% to VND18.1tn (USD712mn), remaining below the 20-session average. The HNX-Index edged up 0.2% to 255.1.

The VN30 rose 1.2% to 2,068.6, supported by large-cap stocks.

Regarding sector performance, Technology led the gains with a 3.6% increase, followed by Real Estate rising 3.1%. Utilities gained 1.3% while Food & Beverage rose 1.1%. Banking and Media both recorded modest gains of 0.9% and 0.7%, respectively. On the downside, Chemicals faced the most pressure, falling 0.9%, while Basic Resources, Construction & Materials, and Insurance all adjusted down by 0.5%.

Foreign investors recorded net buying of VND253.9bn (USD10.0mn) on HoSE, reversing the previous selling streak. Buying concentrated in VIC at VND163.1bn (USD6.4mn) and MSN at VND142.9bn (USD5.6mn). Notable gainers driving the market included FPT (+4.5%) with a transaction value of VND1.6tn (USD62.5mn), VIC (+3.98%), VRE (+3.5%), CTD (+4.2%), FDC (+6.8%), ASP (+4.8%), SVD (+4.8%), and TAL (+3.4%).

Read the full report: HERE