Vietnam Daily Market Recap May 26 – PNJ Update

Stocks jump, led by household goods, real estate

The VN-Index opened higher on Monday and traded in positive territory throughout the session, closing up 1.4% at 1,332.5. Market liquidity increased, with total trading value rising 42.9% compared to Friday to VND21.3tn (USD821.3mn). The HNX Index followed a similar pattern, gaining 1.4% to close at 219.4.
Most sectors gained today, led by Personal & Household Goods (+4.5%), Chemicals (+4.3%) and Real Estate (+3.1%). Basic Resources (-0.1%) declined.
Top performers today included VHM (+6.8%), GVR (+6.8%), VIC (+1.6%) and BCM (+4.9%). VHM (+6.8%) led the gains, adding 4.5 points to the index. Top laggards included VPL (-0.3%) and STB (-0.6%).
Lian SGP Holding Pte. Ltd. said it will acquire all shares of IMP (+5.2%) from existing shareholders, including a 47.69% stake from SK Investment Vina III Pte. Ltd, a 9.75% stake from Sunrise Kim Investment JSC, and a 7.37% stake from KBA Investment JSC. The transaction is expected to be completed within nine months of signing, after which Imexpharm will become an indirect subsidiary of Livzon and its financial results will be consolidated into the Chinese group’s financial statements. With financial and technological backing from Livzon, Imexpharm will gain additional resources to accelerate investment projects, expand research and development, and diversify its product portfolio.
TCM (+6.9%) and MSH (+6.9%) hit their ceiling prices today following remarks by US President Donald Trump. “We’re not looking to make sneakers and T-shirts. We want to make military equipment. We want to make big things. We want to do the AI thing,” Trump said. “I’m not looking to make T-shirts, to be honest. I’m not looking to make socks. We can do that very well in other locations. We are looking to do chips and computers and lots of other things, and tanks and ships.”
Foreign investors net sold today with VND59.5bn (USD2.3mn), with selling momentum focused on VIX (VND92.9bn, USD3.6mn), VCG (VND69.4bn, USD2.7mn) and GEX (VND56.7bn, USD2.2mn). Meanwhile, foreign investors mainly bought VHM (VND150.6bn, USD5.8mn), VSC (VND51.3bn, USD2.0mn) and DIG (VND38.9bn, USD1.5mn).

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