The market continued its upward trend this morning. After the opening auction, the VN-Index briefly touched 1,500 points before facing downward pressure. By around 9:40 a.m., the market's gain had narrowed to roughly 2 points.

However, buying pressure quickly provided support, pushing the VN-Index higher and enabling it to surpass 1,500 about an hour later. Compared to yesterday's closing, the market had gained over 10 points.

Around 200 stocks advanced, significantly outnumbering the 90+ declining stocks. The real estate and securities sectors were the primary drivers of the market's gains.

VN-Index and VN30-Index on the morning of 18/7. Photo: VNDirect

VN-Index and VN30-Index on the morning of 18/7. Photo: VNDirect

VHM contributed the most to the VN-Index's increase. NVL and CEO also hit their ceiling prices at one point this morning with high trading volume. Some small and mid-cap stocks, such as HQC and QCG, later reached their ceiling prices as well. Other prominent real estate stocks also performed well, including CII, DIG, and SZC.

In the latter half of the morning session, securities stocks started to rally. VIX briefly hit its ceiling price with active participation from investors. VCI, HCM, EVF, and VDS were also trading 3-4% above their reference prices.

Trading volume on the HoSE remains similar to yesterday morning. Foreign investors continued to be net sellers, focusing on DXG and FPT. However, this selling pressure was partially offset by foreign buying in other stocks, notably MSN.

AIS Securities predicts that the market will continue its upward trajectory today. Their analysis suggests that real estate stocks will be the highlight of the session.

VPBank Securities (VPBankS) advises investors to hold onto stocks with an upward trend that haven't become overheated or are currently market leaders. For new purchases, they recommend waiting for dips to support levels and confirming the return of buying demand before investing.

Tat Dat