Vietnam stocks jump 1.17% toward 1,800 as FTSE upgrade flows lift real estate

Vietnam’s VN-Index rose 1.17% to 1,788.78 points on August 24, sharply outperforming regional markets that broadly declined. Trading on the Ho Chi Minh Stock Exchange exceeded 933 million shares, worth VND 20,147.78 billion, or about $790 million, with 389 stocks advancing against 273 decliners. Real estate led the rally, with Vingroup rising 4.63% and contributing 15.21 points to the index, while Vinhomes gained 2.37% and added 2.88 points. The move followed FTSE Russell’s addition of 27 Vietnamese stocks to its FTSE Global All Cap index as Vietnam transitions to secondary emerging market status. SSI Research estimates passive fund inflows into the stocks could reach about $1.45 billion over the full transition, with roughly $145 million expected in the first tranche in September 2026. Foreign investors were net buyers on HoSE for a second consecutive session, although analysts remain divided over whether the index can sustainably break the 1,800-point resistance level. Uneven banking performance and liquidity still below its 20-week average remain risks to the rally.

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