The stock market entered the first trading session of Q3/2026 with a lot of supporting information. Domestically, the manufacturing PMI index in June continued to maintain above the 50-point threshold thanks to increased new orders and cooling inflationary pressure. On the international market, US stocks simultaneously hit new peaks as investors optimistic about economic growth prospects and corporate profits.
This helped the VN-Index maintain green color right from the beginning of the session and at times approached the threshold of 1,870 points. Cash flow pouring into large-cap groups helped the VN-Index extend the upward streak to the second session.
At the end of the trading session, VN-Index increased by 7.20 points (+0.39%), to 1,867.21 points. The breadth of the entire market with green color was somewhat overwhelming when buyers had 401 gainers and sellers had 271 losers.
Similarly, green dominated the VN30 basket with 21 gainers, 8 losers and 1 reference code. The index representing the large-cap basket surged to 2,013 points - the highest level in the past month - despite stocks related to Vingroup falling sharply. The VN30 index increased by 17 points, closing at 2,013 points, the highest level since the end of May. According to relative value, VN30 just had the strongest increase session in half a month.
Liquidity on the Ho Chi Minh City exchange today is approximately VND 17,200 billion, of which a large-cap basket contributed more than VND 11,000 billion. Regarding foreign investors' transactions, this block returned to net buying more than VND 330.29 billion on the HOSE exchange. However, this is considered a short-term fluctuation, and the trend of net selling for many months has not yet reversed because global capital flows are reducing their proportion in emerging and frontier markets such as Vietnam to return to safe assets or developed markets.
Regarding the level of impact, MCH, BSR, VCB and TCB are the codes that maintained green color and helped the index increase by 6.05 points. In the opposite direction, VIC, VHM, VPL and LPB are the codes that have the most negative impact on VN-Index and took away more than 8.18 points.
Regarding industry groups, the information technology industry is the group with the strongest increase in the market with 3.65%. Followed by the energy and essential consumer goods industry with increases of 3.5% and 1.42% respectively. In the opposite direction, it is noteworthy that the real estate group is the group recording a sharp decrease in the market with 1.24% with a series of declining codes such as VIC (-1.32%), VHM (-2.04%), KBC (-2.3%) and VRE (-0.7%).
The market ended Q2/2026 with a high degree of differentiation. The positive impact on the index is a small number of leading stocks, while most are less positive, which is also reflected in the investment performance statistics of ETF funds in the market with most funds having less positive performance compared to VN-Index.
Currently, the total market capitalization is 422 billion USD, equivalent to 82% of GDP in 2025, the capitalization of Vingroup is about 102 billion USD, accounting for 24.1% of the total market capitalization.
The market will start the third quarter of 2026 with expectations such as GDP growth in the second quarter of 2026 and the year-end plan at a high level; inflation cooling down; medium and long-term credit improving, upgrading the market alongside business results of enterprises...According to experts, cash flow and quality of the stock market are improving, opening up better investment opportunities.
