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Market Edges Up as Foreign Investors Continue Net Selling Streak

by Mich M.
04/03/2025
in Market Trends

HÀ NỘI — Việt Nam’s stock market saw a modest gain on Wednesday, buoyed by blue-chip stocks, though foreign investors continued their net selling streak. Liquidity improved slightly compared to the previous session.

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index rose by 0.5 points, or 0.04%, closing at 1,317.83 points. The market breadth was slightly positive, with 156 stocks advancing and 149 declining. Trading value increased to VNĐ19.3 trillion (approximately US$725.6 million), with over one billion shares exchanged.

The VN30-Index, which tracks the 30 largest stocks by market capitalisation, declined by 0.03 points to 1,376.94 points. Within the VN30 basket, ten stocks advanced, 17 declined, and three remained unchanged.

Vingroup Joint Stock Company (VIC) led the gainers, rising 1.17%, contributing nearly 0.65 points to the VN-Index. Vietcombank (VCB) increased by 0.47%, while FPT Corporation (FPT) and VietinBank (CTG) added 1.24% and 0.24%, respectively. Other notable gainers included Hòa Phát Group (HPG), which rose by 0.93%, and Vietnam Airlines (HVN), which advanced 2.04%.

On the downside, BIDV (BID) dropped 0.77%, Military Bank (MBB) fell by 1.02%, and Southeast Asia Commercial Joint Stock Bank (SSB) lost 1.79%.

On the Hà Nội Stock Exchange (HNX), the HNX-Index rose by 0.72% to 238.13 points, with a trading value of over VNĐ748 billion and more than 50 million shares changing hands.

Foreign investors remained net sellers, offloading more than VNĐ708 billion in shares on the HoSE.

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