At the close of trading on the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index edged down a marginal 0.01 point, remaining almost unchanged at 1,341.86 points compared to the previous session.
At the end of the session, the VN-Index edged up by 0.62 points to close at 1,313.46. Trading volume reached nearly 718 million shares, equivalent to more than VNĐ16.89 trillion (US$651.5 million) in value.
According to data from FiinTrade and SSI Research, ETFs posted a net outflow of over VNĐ210 billion between May 12 and 16, marking the second consecutive week of withdrawals.
The rally was driven by optimistic developments in US trade negotiations with both the United Kingdom and China, which supported investor sentiment across global markets.
The main contributor to this overall growth was the manufacturing and processing sector, which grew by 10.1 per cent, contributing 8.5 percentage points.