The benchmark index for the Ho Chi Minh City Stock Exchange traded positively throughout today's session, continuously widening gains driven by Vingroup Group-related stocks. The index closed at 1,800 points, up 25 points from its reference level, reaching its highest in one and a half months.

The Ho Chi Minh City Stock Exchange experienced a "green outside, red inside" situation, where the index climbed but declining stocks outnumbered advancing ones. The reason was Vingroup (VIC) shares dominating market movements; the stock surged to its maximum limit of 177,000 dong, contributing 19 of the 25 points.

Three other stocks linked to Pham Nhat Vuong, including VHM, VRE, and VPL, also rose by over 5% compared to their reference prices. This group collectively contributed 28 points to the VN-Index, implying that without these four stocks, the index would have closed below its reference level.

Beyond Vingroup, no other sector showed significant positive performance. Real estate experienced strong divergence; NVL, KDH, and AGG rose with the index, while shares of developers like Nam Long, Dat Xanh, and Quoc Cuong Gia Lai fell by 0,5-2%.

Declines also dominated the banking sector. STB lost almost 3% today, dropping to 64,300 dong. VIB, EIB, MSB, OCB, and TCB followed, each declining by over 0,5%. Conversely, SHB and VCB provided market support, rising by 2% and 1% respectively.

In the oil and gas sector, selling pressure concentrated on leading stocks such as GAS, BSR, PLX, and PVD, although the correction was not severe. Similarly, key steel stocks like HPG, HSG, and NKG all closed below their reference levels.

Liquidity on the Ho Chi Minh City Stock Exchange today exceeded 28,000 billion dong, an increase of approximately 4,500 billion dong from the previous session. Investors primarily channeled funds into large-cap stocks, with the Vingroup group accounting for over 2,500 billion dong.

Foreign investors resumed net selling, totaling nearly 3,700 billion dong. This marked the strongest selling session since the end of August 2025. Selling pressure primarily focused on VHM, with a net withdrawal of about 27 million shares.

According to analysts at ACB Securities Company, while liquidity has not surged dramatically, maintaining above the monthly average indicates sustainable cash flow. The current uptrend is expected to continue, pushing the VN-Index toward a higher resistance zone around 1,850 points.

Phuong Dong