The Vietnamese stock market had a strong performance during the week of August 4–8, with the VN-Index climbing nearly 90 points, or almost 6%, driven by significant gains in Vingroup and banking stocks.
Following a sharp decline the previous week, the VN-Index surged for five consecutive sessions, closing at 1,584.95 points, up a total of 89.74 points. On the HNX, the HNX-Index also rose 2.84% (up 7.53 points) to 272.46 points.
Vingroup and banking stocks — which had weighed heavily on the market last week — staged a strong reversal, becoming the main drivers of the uptrend.
VIC contributed over 12.4 points to the VN-Index’s gains.
VHM added nearly 4.9 points.
Among banks, six stocks were the top contributors:
VPB: +7.2 points.
TCB: +6.3 points.
MBB: +5 points.
CTG: +4.3 points.
BID: +4.2 points.
VCB: +3.3 points.
Additionally, HPG and MWG had active trading weeks, contributing more than 5.3 points and nearly 2.4 points respectively.
On the downside, the impact was negligible:
FPT, the biggest decliner, only shaved off less than 0.5 points.
SJS and PNJ each lost just over 0.3 points.
In the VN30 basket, after a steep drop last week, 28 out of 30 stocks posted gains. Leading the pack were:
VIC: +18.2 points.
HPG: +17.7 points.
They were followed by VPB (+11.9 points), MWG (+10.9 points), and TCB (+10.4 points).
Only FPT (-1.7 points) and SAB (-0.2 points) recorded declines.
On the HNX, the uptrend was supported by:
CEO and SHS: each adding about +1.3 points.
PVS: +1.1 points.
KSV: +0.6 points.
On the losing side, KSF dropped more than 0.4 points, while THD and DTK fell around 0.3 points each — insufficient to reverse the upward trend.