Summary (200 words): Vietnam’s stock market extended its historic rally last week, with the VN-Index reaching an all-time high of 1,531.13 points, up 33.85 points. This marked the sixth straight week of gains, driven by bullish sentiment and strong liquidity, especially in mid-cap stocks. Despite an early-week dip, the index rebounded sharply. Most sectors gained, led by aviation (+9.63%), securities (+8.91%), and fertilisers (+5.58%). However, real estate and consumer food declined slightly. Foreign investors were net sellers, offloading over VNĐ1.6 trillion, with Vietjet (VJC), Hoa Phat (HPG), and FPT among the most sold. Meanwhile, HDBank, VPBank, and SSI saw significant net buying. The VN-Index has surged over 43% since April 9 without major corrections. Analysts expect a technical pullback of 7–15% before further growth. Pyn Elite Fund’s Petri Deryng remains optimistic, citing recovery in exports, US Fed rate cut expectations, and strong domestic policies such as public investment, VAT cuts, credit easing, and a potential market upgrade in September. Yet, caution persists. DG Capital’s Nguyễn Duy Phương warned of possible corrections as the index nears resistance and foreign inflows remain unstable. Investors are advised to watch ETF activity, sector rotations, and signs of a confirmed market upgrade. (ICE HO CHI MINH CITY)

Fonte notizia: Vietnam News