Vietnam Daily Market Recap June 5

VN-Index edges up 0.4% as VIC single-handedly lifts market 

The market traded with caution on Friday, as the VN-Index gained 7.4 points (+0.4%) to close at 1,838.9, down 24.6 points (-1.3%) for the week. Market breadth was heavily negative with 89 advancers (six at ceiling price), 203 decliners (two at floor price), and 64 unchanged, indicating that the index gain was driven by a handful of large-cap names rather than broad market participation. The HNX-Index extended its pullback, shedding 11.1 points (-3.6%) to 293.8.

The VN30-Index added 4.0 points (+0.2%) to 1,986.3, with nine advancers, three unchanged, and 17 decliners. The VN100 edged up 0.1% to 1,904.6. The standout of the session was VIC, which contributed 10.8 index points to the VN-Index’s advance.

Sector performance was mostly negative, with only four of 19 industry groups closing in the green. Tourism & Entertainment led advancers with a gain of 3.8%, followed by Real Estate (+2.1%), Personal & Household Goods (+0.3%), and Insurance (+0.1%). On the downside, Construction & Materials extended its correction for a second consecutive session, falling 3.6%, followed by Telecommunications (-1.4%), Technology (-1.2%), Chemicals (-1.0%), and Oil & Gas (-0.8%).

HoSE liquidity fell 5.5% to VND12.2tn (USD469.6mn), remaining below the 20-day average and reflecting a lack of meaningful recovery in market participation. Foreign investors reversed to net buying for the first time in recent sessions, recording a net inflow of VND306.4bn (USD11.8mn). VIC led foreign net purchases at VND272.3bn (USD10.5mn), followed by ACB (VND255.2bn/USD9.8mn) and FPT (VND126.1bn/USD4.9mn). On the selling side, MSN faced the heaviest foreign outflow at VND72.2bn (USD2.8mn), followed by HPG (VND55.9bn/USD2.2mn) and VPB (VND53.0bn/USD2.0mn).

Read the full report: HERE