At 9:15 a.m., the VN-Index surpassed 1,536 points, the highest level ever recorded in a single trading session. Last week, the index also set a new closing high.

The benchmark index, representing the Ho Chi Minh City Stock Exchange, continued its upward trajectory thanks to strong cash flow into leading stocks in securities, banking, and real estate. The index hit a new peak of 1,546 points at 9:40 a.m. without any obstacles.

VN-Index and VN30 charts at 9:40 a.m. Screenshot.

This development aligns with the forecasts of many securities companies prior to today's session. Most believed that the strong cash flow and positive sentiment would help the index surpass its previous peak and potentially reach the 1,600-point region in the short term.

Vingroup's VIC stock was the biggest contributor to this morning's session. At 9:45 a.m., it increased by 2.3% to nearly 116,700 VND, adding 2.5 points to the VN-Index.

VCB, the market's largest capitalized stock, ranked second in the list of stocks positively impacting the VN-Index, accumulating 0.6% to reach 62,400 VND.

The securities sector continued to experience an explosive trading session, with several stocks like VND, VIX, APS, and SBS hitting their ceiling prices. Other leading stocks like SSI, VCI, and HCM also increased by more than 3% compared to their reference prices.

In less than an hour of trading, the matched order value on the Ho Chi Minh City Stock Exchange reached nearly 10,000 billion VND. The top three positions were all from the securities group: VIX (573 billion VND), SSI (468 billion VND), and VND (448 billion VND).

Most analysts recommend that investors hold onto their stocks during this exciting market phase, but they are also beginning to mention risk management. Some securities companies suggest that investors could take partial profits to avoid sudden drops that erode returns.

According to Yuanta Securities Vietnam, short-term risks in large-cap stocks are showing signs of increasing. The VN30 index chart has been outside the Bollinger Bands for six consecutive weeks, indicating a possible correction in the next one to two weeks. This is considered a new buying opportunity for medium-term investors (holding from one to five months).

Phuong Dong