HNX and UPCoM brokerage market shares saw significant shifts in Q1/2026, with the top 10 firms increasing their overall market share. While some major players like VPS strengthened their lead, others like VNDIRECT and Vietcap experienced notable changes in their rankings across both exchanges.
The Vietnamese stock market experienced a significant downturn in March 2026, with major indices declining by 10-11% and foreign investors net selling over 15.5 trillion VND. Consequently, VNDirect (VND) and Duc Giang Chemical Group (DGC) dropped from the list of companies with over $1 billion market capitalization.
FTSE Russell has confirmed Vietnam's reclassification from Frontier to Secondary Emerging market status, effective September 2026, along with a detailed 4-tranche roadmap for inclusion into FTSE GEIS indices by September 2027. A reference list of 32 potential stocks, including major large-caps, was also released.
The VN-Index recorded a historic 4.71% gain with 45 stocks hitting the ceiling across all exchanges, driven by aggressive buying and a 44% surge in daily liquidity, signaling a strong return of large capital. Securities and real estate sectors were particularly strong, with many blue-chips also reaching their daily limits.
The VN-Index recorded a historic 79-point surge, its largest absolute gain ever, driven by strong buying demand and positive news regarding a potential market upgrade by FTSE Russell and easing Middle East tensions. This broad market rally saw significant gains across major sectors like securities, banking, real estate, and oil & gas, with liquidity doubling.
Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.