Vietnam Daily Market Recap May 19

VN-Index edges down 0.8%, liquidity recovers 

The VN-Index closed Tuesday at 1,912.9, down 15.0 points or 0.8%. Market breadth turned negative, with 84 advances, including six at their ceiling price, against 215 declines, with eight stocks at floor price, and 61 unchanged. The HNX-Index rose 0.1% to 259.5. HoSE matched value rose 13.5% DoD to VND27.0tn (USD1.1bn), surpassing the 20-session average.

The VN30 closed at 2,027.5, down 0.9%, with eight advances and 17 declines and four stocks at floor price within the basket.

Five of 19 sectors advanced. Telecom rose 3.6%, the brightest spot in the session, followed by Auto & Components (+0.7%), Leisure & Entertainment (+0.4%), Real Estate (+0.2%), and Construction & Materials (+0.1%). On the downside, Oil & Gas faced the strongest selling pressure, falling 6.7%, followed by Chemicals (-5.6%), Utilities (-3.3%), Media (-1.6%), and Banking (-1.0%).

Foreign investors recorded net selling of VND724.1bn (USD28.8mn) on HoSE. On the sell side, MBB posted the largest outflow at VND232.4bn (USD9.3mn), followed by SSI at VND171.8bn (USD6.8mn), ACB at VND151.3bn (USD6.0mn), VPB at VND114.4bn (USD4.6mn) and MWG at VND93.4bn (USD3.7mn). On the buy side, VCB attracted VND594.3bn (USD23.7mn), followed by VIC at VND155.4bn (USD6.2mn), GEX at VND99.9bn (USD4.0mn), VIX at VND72.2bn (USD2.9mn) and BID at VND65.8bn (USD2.6mn).

Read the full report: HERE