VN-Index pulled back at previous peak levels (VN-Index -0.70%)
• VN-Index showed volatility right from the opening, amid sharp declines in U.S. markets during the prior session and a sea of red across Asian markets.
• The market fluctuated in a mixed pattern of ups and downs in the trading zone before the US announced the tax rate in April, with notable sector divergence.
• The index held onto green territory until late afternoon, but rising selling pressure — likely from profit-taking — drove the VN-Index to close near the intraday low.
• Sectors posting gains included: Real Estate, Construction & Materials, and Utilities.
• Market breadth skewed to the downside with 98 advancers, 214 decliners, and 53 stocks ending flat.
• Liquidity increased slightly by 3.1% to VND 26.4 trillion.
VN-30 faced strong selling pressure (VN30 -0.69%)
• The VN30 basket recorded 4 gainers, 24 losers, and 2 unchanged stocks.
• LPB (-2.00%), BCM (-1.97%), and STB (-1.67%) were the biggest decliners, with many other stocks also dropping over 1%.
• On the other hand, VHM (+1.19%) and GAS (+1.16%) posted notable gains.
Sectors and stocks daily highlights
• STB (-1.67%) announced the appointment of Mr. Nguyễn Thanh Nhung — former CEO of VietBank — as Acting CEO effective May 27, following the news that CEO Nguyễn Đức Thạch Diễm will be stepping down.
• MWG (0.00%) officially re-entered the e-commerce market with its new platform “MWG Shop,” integrated within the Quà Tặng VIP app, marking its return after nearly 6 years.
• Foreign investors recorded a modest net buying of VND 126 billion. Top net-buy names included VIX (+1.12%), MWG (0.00%), VHM (+1.19%), and EIB (+4.20%). Conversely, FPT (-1.27%) was the most heavily net-sold stock.
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