Viet Nam’s benchmark VN-Index fell 1.04% to 1,877.13 points on May 22.
In the May 21 trading session, weakening liquidity, coupled with strong net selling by foreign investors across all three exchanges, placed significant pressure on Viet Nam’s stock market. The VN-Index fell by more than 16 points, as real estate and energy stocks declined sharply, while banking and retail shares emerged as rare bright spots in the session.
Viet Nam’s benchmark VN-Index rose 0.02% to 1,913.23 points on May 20.
Global gold prices cooled down on May 19, trading at 4,538.6 USD per ounce. In the domestic market, SJC gold bars dropped by 300,000 VND per tael, listed at 163.5 million VND per tael.
Viet Nam’s benchmark VN-Index fell 0.78% to 1,912.93 points on May 19.
Global gold prices continued to decline on May 18, trading at 4,537.2 USD/ounce. In the domestic market, gold prices of most brands remained unchanged, except for Manh Hai Gold, which fell by 1 million VND/tael.
Viet Nam’s benchmark VN-Index rose 0.33% to 1,927.94 points on May 18.
World gold prices continued to fall on May 16 amid rising inflationary pressure and stronger US Treasury yields, trading at 4,538.2 USD/ounce. Domestically, SJC gold bars and SJC gold rings both plunged sharply, listed respectively at 163.5 million VND/tael and 163.3 million VND/tael.
Viet Nam’s benchmark VN-Index fell 0.20% to 1,921.60 points on May 15.
Global gold prices fell sharply to 4,613 USD per ounce on May 15 amid rising US Treasury yields and a stronger US dollar. In the domestic market, gold prices followed the global downward trend, with SJC gold bars dropping by 1 million VND to 164 million VND per tael.
Global gold prices fell sharply on May 14, trading at 4,676.4 USD per ounce. In the domestic market, SJC gold bars and SJC gold rings remained at high levels, listed at 165 million VND per tael and 164.8 million VND per tael, respectively.
Viet Nam's benchmark VN-Index increases by 1.43% to 1,925.46 points on May 14.
Viet Nam’s benchmark VN-Index fell 0.14% to 1,898.37 points on May 13.
World gold prices on May 13 reversed course and declined, trading at 4,688.2 USD per ounce. Domestically, gold prices also fell in line with global prices, with SJC gold bars decreasing by 500,000 VND to 165 million VND per tael.
World gold prices on May 12 continued their upward trend thanks to strong buying from central banks and the trend of diversifying foreign exchange reserves, trading at 4,729.2 USD/ounce. Domestically, the price of SJC gold bars and gold rings reversed course and increased by 1.8 million VND per tael, listed at 167 million VND/tael and 166.5 million VND/tael respectively.
Viet Nam's benchmark VN-Index delined 1.04% to 1,895.5 points on May 11. The index closed 18.97 points lower than the previous session.
Gold prices on May 11 saw unusual movements in the domestic market. Despite no sharp fall in global prices, domestic gold dropped rapidly. SJC gold bars decreased by 2.3 million VND per tael in both buying and selling prices, to 162.2-165.2 million VND per tael. SJC gold rings also fell by 2.3 million VND per tael on both sides.
World gold prices on May 9 continued to rise amidst a decline in the US dollar and US bond yields, trading at 4,713.7 USD per ounce. Domestically, the prices of SJC gold bars and rings remained high, listed at 167.5 million VND/tael and 167 million VND/tael respectively. Doji gold rings also remained at 167.5 million VND/tael.
Viet Nam’s benchmark VN-Index rose 0.33% to 1,915.37 points on May 8.
Global gold prices on May 8 continued to rise, trading at 4,718.3 USD per ounce as crude oil prices declined, the US dollar weakened and Treasury bond yields fell. Domestically, SJC gold prices were sold at 167.5 million VNDper tael, unchanged compared with yesterday’s closing session.