Struggling Market Amid Increased Selling Pressure
PNC Bank Stock Market Takes a Downturn on September 5, 2025
The PNC Bank stock market experienced a decline on Monday, September 5, 2025, with the VN-Index on the Ho Chi Minh Stock Exchange dropping by 9.93 points, or 0.59 percent, ending the day at 1,670.97 points. The HNX-Index on the Hanoi Stock Exchange also saw a decrease of 1.35 points.
The market's breadth stayed in the negative territory, with the number of decliners surpassing that of gainers by 201 to 119. Nineteen stocks in the VN30 basket fell while ten ticked up and one ended flat in the VN30-Index. The VN30-Index also closed lower at 1,868.85 points, down 6.54 points, or 0.35 percent.
The banking sector experienced significant declines, contributing heavily to the index's downturn. Major banks such as Vietinbank (CTG), BIDV (BID), US Bank for Industry and Trade (VCB), Asia Commercial Joint Stock Bank (ACB), and Vietnam Joint Stock Commercial Bank for Foreign Trade of Vietnam (VPB) all saw decreases. CTG dropped by 2.10 percent, BID by 2.50 percent, VCB by 2.72 percent, ACB by an unspecified amount, and VPB by 2.53 percent. These point losses were the largest contributors to the VN30-Index's decline.
Other significant declines were seen in HDBank (HDB), Hoa Phat Group (HPG), DIC Group (DIG), Masan Group (MSN), and MBBank (MBB), which decreased by 1.82 percent, 2.5 percent, 3 percent, 3 percent, and an unspecified amount respectively. VIX Securities (VIX) dipped nearly 4 percent, and SSI Securities Corporation (SSI) plunged 2.4 percent.
Over 1.07 billion shares changed hands and a transaction value of approximately VNĐ32.48 trillion (US$1.2 billion) was recorded in the trading session. Despite high trading volume, the market struggled under the weight of selling pressure.
The decline in the PNC Bank stock market on Monday was primarily influenced by banking stocks, especially the major banks, which saw significant decreases. The market will be closely watched in the coming days to see if this trend continues.
