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Vietnam’s stock market saw a relatively quiet trading week from 20 to 24 April as the annual general meeting (AGM) season moved into its peak phase. Despite the subdued atmosphere, the VN-Index still advanced, driven largely by VIC.
Closing at 1,853.29, the VN-Index recorded a 2% gain versus the previous week, adding 36.12 points. Trading value, however, was softer, averaging 23,333 billion dong per day, down 7%.
VIC reaffirmed its role as a key driver of the index, contributing nearly 41.5 points. The week’s price performance for VIC was also supported by a limit-up move on 22/04, the same date when the 2026 annual shareholders meeting was held successfully amid positive information.
VIC’s closing price increased to 212,100 dong per share, up from the previous week’s close of 187,900 dong per share.
Besides VIC, VHM also added positively to the index, contributing nearly 5.7 points.
On the downside, BSR was the largest drag, taking away more than 1.7 points. VPB followed with nearly 1.7 points lost, while MWG reduced the index by a little over 1 point.
On the Hanoi exchange, the HNX-Index fell 3.1% to 251.95 over the week. Trading value also declined to 19.5%, indicating liquidity contraction across both Vietnam’s main stock exchanges during the AGM peak period.
KSF was the main reason for the HNX-Index decline, directly cutting more than 3.5 points after falling in four of five sessions. This contrasted with the previous week, when Sunshine Group’s stock helped lift the index by 8 points, with more than 10.6 points of contribution.
On the gain side, PRE and SCG were among the top gainers, though their contributions were described as modest.
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