The stock market is devoid of investors.

Cash flow in the stock market weakened sharply as trading volume fell to its lowest level in over a year, reflecting investor caution amid correction pressure.

Liquidity on all three stock exchanges has dropped sharply. Photo: Phuong Lam .

The Vietnamese stock market experienced a lackluster start to the week on June 1st, with strong selling pressure on large-cap stocks causing the VN-Index to completely lose its early gains and fall below the reference level.

From the start of the session, the market experienced a period of favorable trading thanks to demand for some key stocks. However, caution prevailed as capital flows did not show consensus across sectors. Amid weakening demand, profit-taking pressure on leading stocks quickly took over, dragging the overall index down for most of the trading session.

Notably, liquidity continued to decline sharply, reflecting the high level of caution among investors. Trading value on the HoSE reached only about 16,300 billion VND , a 23% decrease compared to the previous session and the lowest level since May 2025. This development indicates that capital is still on the sidelines observing rather than actively participating in bottom-fishing during market corrections.

At the close of trading, the VN-Index fell 18.95 points (-1%) to 1,844.54 points. Meanwhile, the performance on other exchanges was significantly more positive, with the HNX-Index rising 10.24 points (+3.5%) to 305.18 points and the UPCoM-Index increasing 0.56 points (+0.5%) to 125.77 points.

Despite the main index falling, the market leaned towards the buying side, with 359 stocks rising (including 26 hitting the ceiling price), 893 remaining unchanged, and 302 stocks falling (including 14 hitting the floor price).

The VN30 basket of stocks continued to be the biggest drag on the overall index. At the close of trading, this group recorded 19 declining stocks, only 8 rising stocks, and 3 unchanged stocks, causing the VN30-Index to fall by more than 7 points to 1,989 points.

Money flowing into the stock market has "disappeared". Photo: TradingView.

The main source of pressure on the market today was the group of stocks belonging to the Vingroup ecosystem. Specifically, VIC fell 3%, VHM lost 2.6%, VRE dropped 3.3%, and VPL declined 1.4%. With their large market capitalization, this group of stocks subtracted 14 points from the VN-Index during the session.

In addition, the index was also negatively impacted by a series of other large-cap stocks such as GAS (-3.7%), BSR (-3.9%), MCH (-1.9%), MSB (down to the floor price), TCB (-1.2%), and CTG (-0.7%).

Conversely, some stocks still managed to support the market. Notable among them were MWG (+3.7%), along withFPT (+1.8%), GEE (+2.8%), VCB (+0.3%), VND (+4.2%), MBB (+0.4%), PGV (+2.4%), GVR (+0.4%), SSB (+1.4%), and VCF (+6.9%). However, the support from this group of stocks was not enough to offset the selling pressure on large-cap stocks, causing the VN-Index to close at its lowest point of the day.

Regarding foreign investor transactions, the scale of buying and selling narrowed significantly compared to previous sessions. However, foreign investors still maintained a net selling position of over 600 billion VND across the entire market. Selling pressure was mainly concentrated on ACB with a net selling value of 109 billion VND , followed by BSR (-88 billion VND ) and MSB (-87 billion VND ).

Conversely, MWG continued to be a preferred stock for foreign investors, with a net investment of 88 billion VND . FPT and VCB also saw net purchases of approximately 66 billion VND and 46 billion VND respectively.

Source: https://znews.vn/san-chung-khoan-vang-bong-nha-dau-tu-post1656015.html