PNJ shares of Phu Nhuan Jewelry Joint Stock Company opened today's trading session on July 8 at the floor price of VND 47,250/share. However, unlike the previous three trading sessions, when the floor selling surplus reached tens of millions of shares, bottom-fishing demand increased sharply right at the beginning of today's session and quickly absorbed the entire floor selling surplus.
Closing the session on July 8, PNJ shares regained green with an increase of 2.4% compared to the reference price of 52,000 VND/share. Matched order volume reached more than 25.6 million shares, equivalent to 1,243 billion VND, the highest level in PNJ's listing history. This increase helped PNJ shares only decrease by 17.5% compared to before the information about the case of the former Director of P-Lab subsidiary related to the 28,000 diamond smuggling ring was announced. PNJ's market capitalization has also returned to the billion USD mark, currently reaching 26,600 billion VND.
Despite attracting strong cash flow, in the opposite direction, PNJ shares were the leading code in the list of net selling by foreign investors. Accordingly, PNJ shares were net sold by foreign investors for 215 billion VND in today's trading session. In addition, foreign investors strongly dumped codes such as MSN, VHM, VPB, TCB, FPT. In the whole session today, foreign investors net sold nearly 550 billion VND on the HoSE exchange.
Also today, July 8, Phu Nhuan Jewelry Joint Stock Company has just announced information related to the plan to buy back treasury shares in the context of strong fluctuations in stock market prices recently.
Accordingly, PNJ's Board of Directors approved the policy of carrying out procedures to collect opinions from the General Meeting of Shareholders in writing on the plan to buy back treasury shares. The goal set by the enterprise is to protect the company's value and shareholders' interests.
PNJ said that the repurchase of treasury shares is one of the solutions that the Board of Directors is considering implementing in the current context, showing confidence in the company's operating foundation as well as the commitment to accompany the long-term interests of shareholders.
However, before being able to implement the plan to buy back new treasury shares, PNJ needs to handle the amount of treasury shares it currently owns according to current regulations. Therefore, the company's Board of Directors decided to sell 169,559 existing treasury shares. This is the entire remaining treasury shares of PNJ.
According to the business, the sale of this amount of treasury shares is to meet the requirements of legal procedures to implement the plan to buy back treasury shares according to regulations. After completing the necessary procedures and being approved by the General Meeting of Shareholders, PNJ will continue to take the next steps and disclose information according to regulations.
Returning to the diễn biến of the stock market on July 8, VN-Index increased by 5.45 points, equivalent to 0.3%, to 1,853.7 points. Liquidity on the HoSE floor reached more than 17,113 billion VND, equivalent to 662 million shares matched. The oil and gas stock group had the most positive impact on the index, with BSR as the tug-of-war. Next are 2 Vingroup codes (VIC, VPL) and a series of bank codes such as VCB, MBB, CTG, VPB, BID.
It can be seen that liquidity is still a major issue of the current stock market. According to a recent announcement, in June 2026, the average trading volume reached more than 632.73 million shares/day with an average trading value of more than 18,419 billion VND/day; corresponding to a decrease of 23.43% in volume and 24.34% in value compared to the previous month.
After a period when cash flow mainly focused on some large-cap stocks and codes with their own stories, the stock market is entering an important time when the Q2/2026 business results announcement season officially kicks off.
