Vietnam’s stock market posted steep losses in Monday morning trade as investors accelerated selling ahead of the Lunar New Year holiday, with liquidity thinning and risk appetite fading.
The VN-Index fell 2.54 per cent to 1,782.57 points by the lunch break, shedding more than 46 points, while the blue-chip VN30 Index dropped 2.63 per cent, led by broad losses across banking, real estate and industrial stocks.
Market breadth was firmly negative, with decliners outnumbering gainers by a wide margin on the Ho Chi Minh Stock Exchange. Trading value remained elevated but showed signs of late-session caution as investors moved to reduce exposure ahead of the extended holiday.
Analysts said the sell-off reflected a mix of pre-Tet profit-taking, reduced foreign participation and heightened sensitivity to global market signals, with many investors opting to stay on the sidelines until after the holiday break.
Trading is expected to remain subdued in the coming sessions as investors position for the extended Lunar New Year break.
Photo courtesy of The Investor.
