Prior to today's trading session, many securities companies predicted the VN-Index would continue its climb to 1,570 points. However, most advised investors to exercise caution due to the potential for sudden market corrections, particularly after yesterday's volatile session.
The VN-Index maintained its upward trajectory throughout the session, widening its gains towards the close. It easily surpassed the 1,570-point resistance level, closing near 1,574 points, a gain of over 26 points compared to the reference point. After three consecutive rising sessions, the Ho Chi Minh City Stock Exchange's benchmark index has accumulated nearly 80 points.
The market was predominantly green, with nearly 250 advancing stocks, more than three times the number of declining stocks. Large-cap stocks continued to drive the market with 28 gainers and only two decliners (FPT and VRE).
The banking sector displayed the most enthusiasm. Out of the 10 stocks with the most positive impact on the VN-Index, seven were from this sector. TCB led the way, rising 3.2% to 38,200 VND. Leading stocks such as STB, MBB, VPB, and CTG all increased by over 2.2% compared to the reference point.
Securities stocks showed a unified upward trend. After a sharp decline, VIX surged, at one point hitting its ceiling price of 28,650 VND. Other leading stocks like VCI, SSI, and HCM all gained over 1.5%.
Oil and gas stocks experienced an explosive trading session. BSR hit its ceiling price of 21,800 VND, closing with no sellers and a surplus of over 3.2 million shares in buy orders. PLX and GAS, two large-cap stocks in the oil and gas sector, both increased by approximately 2.3% compared to the reference point.
Other sectors such as airlines, seaports, fertilizers, and steel also experienced significant gains, with accumulation ranges typically between 2% and 4%.
On the Ho Chi Minh City Stock Exchange today, 1.35 billion shares were traded, equivalent to 37,900 billion VND. Market liquidity decreased by half compared to yesterday but remained high compared to the average over the past month. Seven stocks reached trillion VND trading value. HPG led this list with over 2,600 billion VND, followed by SSI, SHB, and VIX.
After four consecutive net selling sessions, foreign investors returned to net buying at 528 billion VND. They disbursed a total of 5,166 billion VND while selling approximately 4,640 billion VND. VIX was the focal point of foreign capital inflow, with net buying volume exceeding 5 million shares.
Phuong Dong
