India, Oct. 6 -- This morning, Vietnam's benchmark index of VNI opened in red by 0.33%. While Hanoi's HNX index also reported losses of 1.06% during the market opening. Experts believe that the bullish mood is due to rising selling pressure in the domestic market.

Why is Vietnam's Stock Market Down Today?

Vietnamese stocks are encountering fresh selling pressure today, as the HNX Index dropped significantly to 263.70, a decline of 2.20%, while the VNI Index has also faced pressure following Monday's rebound. This downturn occurs as investors lock in profits after the prior session's gains, with persistent foreign selling and cautious trading dragging on market sentiment.

VNI Index Today (October 6)

Opening: 1747.48

Closing on previou...