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.
Despite a sharp recovery over the past two weeks, analysts warn that the current rally could lose momentum without fresh support, particularly as profit-taking emerges and market breadth remains limited.
Profit-taking pressure emerged across the board, particularly in banking and technology stocks, causing the VN-Index to retreat slightly to 1,301.39 points — a nearly 12-point in Friday''s session.
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.