Vietnam Daily Market Recap March 25

VN-Index rebounds 2.7%, all sectors advance

The VN-Index closed Wednesday at 1,658.19, up 43.4 points or 2.7%, extending a recovery for a second consecutive session. Market breadth was positive, with 276 advances including 18 at ceiling, against 60 declines including two at floor, and 42 unchanged. HoSE matched value reached VND20.6tn (USD855mn), up 15.1% DoD, but remained below the 20-session average. The HNX-Index rose 2.4% to 249.7.

The VN30 rose 2.5% to 1,814.73, with 26 advances and three declines. No constituent hit ceiling or floor, reflecting measured but broad participation in large-cap names.

All 17 sectors advanced. Insurance led, rising 4.9%, followed by Chemicals at 3.9%, Oil & Gas at 3.8%, Real Estate at 3.7%, Financial Services at 3.3%, Resources at 3.2%, Retail Services at 3.1%, Telecoms and Leisure & Entertainment, both at 2.8%, Utilities at 2.7%, Industrial Goods & Services at 2.3%, Technology at 1.9%, Banking at 1.7%, Construction & Materials at 1.6%, Food & Beverage at 1.0% and Healthcare at 0.4%. The breadth of gains across all 17 sectors signals a broad-based recovery rather than an isolated rotation.

Foreign investors recorded net selling of VND874bn (USD33mn) on HoSE. Net sellers were led by FUEVFVND at VND714bn (USD27mn), followed by VCB at VND210bn (USD8mn), STB at VND153bn (USD6mn), BID at VND113bn (USD4mn), MSN at VND88bn (USD3mn) and VJC at VND39bn (USD2mn). Net buyers included MWG at VND130bn (USD5mn), VHM at VND110bn (USD4mn), PVS at VND88bn (USD3mn) and VCI at VND53bn (USD2mn). The net selling figure was dominated by ETF-related outflows via FUEVFVND, masking more constructive two-way activity in underlying equities.

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