VN-Index loses momentum toward the close (VN-Index -0.51%)
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- The VN-Index opened higher, driven by gains in the Banking and Real Estate sectors.
- The index was supported during the morning session by state-owned banks, as market sentiment was lifted by expectations of regulatory changes aimed at expanding banks’ lending capacity.
- However, after the initial buying wave subsided, gains were trimmed, and broad-based selling pressure eventually pushed the index into negative territory by the close.
- Market breadth ended with 126 advancers, 200 decliners, and 49 unchanged stocks.
- Market liquidity declined 6.4% from the previous session to VND 19.0 trillion. The VN-Index closed at 1,735.78 points (-0.51%).
VN30 faced selling pressure (VN30 -0.75%)
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- The basket recorded 10 gainers, 18 decliners, and 2 unchanged stocks.
- VIC (-2.68%), MSN (-2.65%), SHB (-2.13%), and TPB (-2.08%) led the decline.
- VCB (+4.96%) was the top gainer, followed by VRE (+2.06%), BID (+2.01%), and CTG (+1.15%).
Sectors and stocks daily highlights
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- According to information from the General Director of Dien May Xanh, a subsidiary of MWG (+0.14%), the company’s shares have been approved for listing on the HOSE, with the first trading day set for August 6. The IPO price is set at VND 80,000 per share.
- PNJ (-4.62%) reported a net loss of VND 283 billion for 2Q2026, despite revenue rising 12% YoY to VND 8,483.7 billion. The loss was mainly due to the front-loaded recognition of VND 865 billion in provisions for write-downs related to bulk diamond buybacks in July.
- Foreign investors recorded net selling of VND 308.3 billion, with VHM (+0.14%) facing the strongest net selling, while VCB (+4.96%) recorded the highest foreign net buying.
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