On June 19, Vietnam’s benchmark VN-Index broke through the 1,350-point mark, closing at 1,352.04 points, its highest level in recent months. Despite the index’s upward movement, market sentiment remained mixed, with gains concentrated in a few large-cap stocks, while many investors saw little improvement in their portfolios.
Across investor forums and online communities, the market was described as being in a state of “green on the outside, red on the inside,” reflecting the disparity between the index performance and broader market breadth. On the Ho Chi Minh Stock Exchange (HoSE), 162 stocks declined, while only 139 stocks advanced.
Techcombank (TCB) took center stage, emerging as the strongest performer in the VN30 group. TCB shares surged 3.66%, the highest gain among blue chips, with trading volume exceeding 23.2 million shares—making it the most positively impactful stock on the VN-Index for the session.
Following TCB was GVR, rising 3.1% to VND 29,900 per share. Other VN30 gainers posted more modest increases under 1.5%, including VIC, SSI, GAS, LPB, PLX, and CTG.
On the flip side, BVH and SHB were the biggest laggards in the VN30 basket, each falling over 1.1%. Despite the decline, SHB, associated with businessman Do Quang Hien, maintained strong liquidity, trading over 51.3 million sharesduring the session.
The market also witnessed a few rare ceiling hits, with four stocks on HoSE reaching their daily price limit: PHR, DGW, LDG, and LGL. Notably, LDG Investment JSC shares hit the ceiling for the third consecutive session, though the stock’s price remains low, closing at just VND 2,640 per share—often referred to as “iced tea price” in local investor slang.
Meanwhile, foreign investors recorded a net sell-off of nearly VND 966 billion, focusing on major tickers such as FPT, VHM, and STB. Buying activity was relatively subdued, with modest net inflows seen in DGW, GVR, SSI, and NVL.
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Source: Vietnam Insider