Vietnam Daily Market Recap May 15

VN-Index falls 0.2%, sectors diverge

The VN-Index closed Friday at 1,921.6, down 3.9 points or 0.2%, ending the week on a soft note as profit-taking in consumer services and technology outweighed gains in the energy and commodity sectors. For the week, the index gained 17.5 points (0.9%), reflecting resilience despite end-of-week selling pressure. Market breadth was negative, with 113 advancers (seven at ceiling price), 187 decliners (none at floor price) and 62 unchanged.

HoSE matched value rose 14.8% DoD to VND20.8tn (USD803mn), remaining below the 20-session average. The VN30 fell 0.9% to 2,050.6, with eight advancers and 21 decliners, reflecting broad selling pressure among large-cap constituents. The HNX-Index rose 0.9% to 257.4, diverging from the day’s broader decline.

Six of 18 sectors advanced. Oil & Gas led all sectors, surging 4.4%, driven by elevated energy prices and ongoing geopolitical tensions. Chemicals and Utilities each rose 3.1% and Media gained 0.6%. On the downside, Retail fell the most at 2.1%, followed by Basic Resources (+1.9%), Telecoms (+1.8%), Technology (+1.3%) and Automobiles & Parts (+1.0%). The session reflected a rotation into energy and commodity-linked sectors while consumer services and technology faced profit-taking, as rising oil and chemical prices drew inflows into upstream names.

Foreign investors recorded net selling of VND800.1bn (USD30.9mn) on HoSE, reversing Thursday’s net buying position. Notable gainers driving the market included GAS (+6.9%) with a transaction value of VND435.8bn (USD16.8mn), PLX (+5.9%) with VND380.4bn (USD14.7mn), PHR (+6.9%) with VND135.3bn (USD5.2mn), DXS (+5.2%) with VND63.3bn (USD2.4mn), SRF (+6.3%), DBT (+6.8%), FDC (+6.8%) and HID (+6.9%).

Read the full report: HERE