VN-Index faces selling pressure near 1,700p (VN-Index -0.24%)
- VN-Index opened near 1,700 points, supported by Banking and Financial services
- From mid-morning, profit-taking in these sectors narrowed the index’s gains.
- In the afternoon, the index attempted to retest 1,700 points, but declines Real Estate, Construction & Materials sectors pushed it into negative territory by the close.
- Market breadth recorded 114 advancers, 210 decliners, and 54
- Liquidity rose by 10.7% to VND 41.3 trillion.
VN30 slightly down (VN30 -0.07%)
- The basket recorded 16 gainers, 13 decliners, and 1
- Major decliners included VJC (-2.47%), VIC (-2.03%), and MSN (-1.92%).
- Significant gainers were VNM (+2.54%) and MBB (+2.42%).
Sectors and stocks daily highlights
- Following the meeting in London on September 15, where MOF Mr. Nguyen Van Thang stated that Vietnam met the criteria for a potential stock market upgrade by FTSE Russell, the financial sector saw notable gains today.
- The Ho Chi Minh Stock Exchange (HOSE) designated BCG (-2.43%) and its affiliate TCD (-2.19%) as warning stocks as of September 22 due to delayed submission of their 2025 semi-annual reviewed financial statements.
- Foreign investors net sold VND 146 billion today. VPB (+0.48%), SSI (-1.42%), and VND (-2.03%) were heavily sold, while VIX (+1.47%) saw strong net buying.
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