At the opening bell, the Ho Chi Minh City Stock Exchange's benchmark VN-Index continued its upward momentum, adding 7 points to reach nearly 1,565. However, this rally was short-lived as selling pressure mounted.

Around 9:30, the index reversed course, with losses steadily deepening. Heavy selling pushed the market down over 30 points to 1,526 at one point. The VN30, which tracks the 30 largest capitalized stocks, dropped as much as 37 points.

VN-Index and VN30 performance at 10:15. Screenshot

VN-Index and VN30 performance at 10:15. Screenshot

Market liquidity increased rapidly. In just 90 minutes of trading, over 1 billion shares were traded, equivalent to nearly 27 trillion dong.

* Updates to follow

Phuong Dong