VN-Index drops as Vingroup-related stocks drag the market (VN-Index -0.90%)

• • VN-Index opened in negative territory due to corrections in Vingroup-related stocks, which have recently been trading near their historical peaks.
  • During the morning session, the index gradually declined as the related stocks expanded their losses.
  • In the afternoon session, although the number of advancers outnumbered decliners—driven particularly by gains in large- and mid-cap banking stocks that provided strong support—the index failed to recover to positive territory.
  • Market breadth ended with 192 advancers, 134 decliners, and 50 unchanged stocks.
  • Market liquidity increased by 8.1% to VND 17.4 trillion. The VN-Index closed at 1,854.97 points (-0.90%).

VN30 showed a slight decline (VN30 -0.21%)

• • The basket breadth consisting of 21 stocks advanced, 9 declined.
  • The decline was led by Vingroup-related stocks, including VIC (-4.74%), VHM (-3.65%), and VRE (-2.67%).
  • All banking stocks included in the VN30 index advanced, with the sole exception of SHB (-0.37%).

Sectors and stocks daily highlights

• • DCM (+1.29%) plans to pay a cash dividend of VND 2,000 per share, representing a dividend yield of 5.7% based on today’s closing price. Consequently, the parent company Petrovietnam is expected to receive approximately VND 799 billion in dividends.
  • HVN (+2.61%) remains unable to pay dividends due to accumulated losses; however, its chairman explained that the company expects to eliminate these accumulated losses during the 2030-2032 period.
  • Foreign investors recorded a total net sell value of VND 791 billion.  While VHM (-3.65%) was the most net sold, there was no other notable net foreign sold stock.

—————————————————————————————————–

【Disclaimer】
This material has been prepared by Japan Securities Co., Ltd. (“JSI”) for the sole purpose of providing relevant information to investors. While JSI has made reasonable efforts to ensure the accuracy and completeness of the information contained herein, no representation or warranty, express or implied, is made as to its accuracy, completeness, or reliability. JSI accepts no liability for any errors or omissions, nor for any loss or damage arising from the use of this material. Investing in securities involves risks. Investors should carefully consider their investment objectives and risk tolerance before making any investment decisions.

This document is provided for informational purposes only and does not constitute an offer or solicitation to buy or sell any securities mentioned herein in any jurisdiction. This report is confidential and intended solely for the recipient. It may not be reproduced, redistributed, or transmitted, in whole or in part, in any form or by any means, without the prior written consent of JSI.

For U.S. Persons Only:

Research report is a product of JSI under Marco Polo Securities 15a-6 chaperone service which is the employer of the research analyst(s) who has prepared the research report. The research analyst(s) preparing the research report is/are resident outside the United States (U.S.) and are not associated persons of any U.S. regulated broker-dealer and therefore the analyst(s) is/are not subject to supervision by a U.S. broker-dealer, and is/are not required to satisfy the regulatory licensing requirements of FINRA or required to otherwise comply with U.S. rules or regulations regarding, among other things, communications with a subject company, public appearances and trading securities held by a research analyst account.

Research reports are intended for distribution by only to “Major Institutional Investors” as defined by Rule 15a-6(b)(4) of the U.S. Securities and Exchange Act, 1934 (the Exchange Act) and interpretations thereof by U.S. Securities and Exchange Commission (SEC) in reliance on Rule 15a 6(a)(2). If the recipient of this report is not a Major Institutional Investor as specified above, then it should not act upon this report and return the same to the sender. Further, this report may not be copied, duplicated and/or transmitted onward to any U.S. person, which is not the Major Institutional Investor. In reliance on the exemption from registration provided by Rule 15a-6 of the Exchange Act and interpretations thereof by the SEC in order to conduct certain business with Major Institutional Investors, JSI has entered into a chaperoning agreement with a U.S. registered broker-dealer, Marco Polo Securities Inc. (“Marco Polo”).

Transactions in securities discussed in this research report should be effected through Marco Polo or another U.S. registered broker dealer.

Regulatory Information:

Japan Securities Co., Ltd. is a licensed securities firm regulated by the State Securities Commission (SSC) of Vietnam under Registration Number 129/GP-UBCK. JSI is a member of the Vietnam Stock Exchange (VNX), the Hanoi Stock Exchange (HNX), the Ho Chi Minh Stock Exchange (HOSE), and the Vietnam Securities Depository and Clearing Corporation (VSDC). Its registered office is located at Suite 701, Tower 1, Capital Place, 29 Lieu Giai, Ngoc Ha Ward, Hanoi, Vietnam.

Jun_29_2026__Daily_Recap_Report_EN

6月29日ベトナム証券市場ニュース_JP