Vietnam Daily Market Recap September 23

VN-Index fell 0.8%, foreign investors recorded net selling

The VN-Index fell 15.3 points (-0.8%) to 1,801.7 points on Wednesday. Selling pressure was concentrated in Real Estate, while Banking edged higher and partly narrowed the market’s decline. Market breadth was negative, with 127 gainers, including six stocks at the ceiling price, 62 unchanged stocks and 169 decliners, including five stocks at the floor price. The HNX-Index fell 0.5 points (-0.2%) to 276.5 points.

The VN30-Index closed at 1,954.9 points, down 10.5 points (-0.5%), with eight gainers and 22 decliners. The VN100 fell 6.2 points (-0.3%) to 1,850.8 points, with 33 gainers, 13 unchanged stocks and 52 decliners.

By sector, five of 19 sectors gained, while 13 declined and one was unchanged. Real Estate fell 2.5%, exerting the strongest pressure on the market, followed by Travel & Leisure (-1.7%), Food & Beverage (-0.7%) and Utilities (-0.6%). In contrast, Retail rose 1.2%, followed by Telecommunications (+0.5%) and Banking (+0.3%).

HoSE matched trading value reached VND12.6tn (USD481.9mn), up 23.2% from the previous session. Foreign investors recorded net selling of VND1.1tn (USD42.1mn), concentrated in VPB at VND289.0bn (USD11.1mn), ACB at VND141.7bn (USD5.4mn), VHM at VND130.6bn (USD5.0mn), TCB at VND86.0bn (USD3.3mn) and FRT at VND76.7bn (USD2.9mn). On the buying side, VIC led with VND96.7bn (USD3.7mn), followed by FUESVFL at VND69.9bn (USD2.7mn), TPB at VND42.9bn (USD1.6mn), DCM at VND30.1bn (USD1.2mn) and VPI at VND24.4bn (USD932.4k).

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