Market commentary: Broad-based gains across the market

The market recorded a sharp rally alongside a surge in liquidity, mainly driven by FTSE Russell’s official confirmation to maintain Vietnam’s upgrade path from Frontier Market to Secondary Emerging Market. This development indicates a strong positive reaction from capital flows to a key supportive factor, while also reflecting a clear improvement in investor sentiment. It also suggests expectations of attracting foreign capital inflows in the near term and supports a more positive market outlook.