The VN-Index initially surpassed the 1,900-point psychological threshold after opening orders. However, immediate profit-taking pressure pushed the HoSE benchmark index back down.

The correction was brief as Vingroup group stocks gained strength, pushing the VN-Index past 1,908 points. The market then fluctuated slightly, yet held above the key psychological level. After 10:30 a.m., blue-chip stocks rallied, helping the index exceed 1,912 points. The market cooled before the midday break.

In the early afternoon, the stock market resumed its ascent. Within just 15 minutes, the VN-Index surpassed its 1,918 peak set in mid-January. Around 1:20 p.m., the index hit over 1,924 points, then settled near the 1,920-point mark by 1:30 p.m.

VN-Index chart as of approximately 1:30 p.m. on 7/5. Photo: VNDirect

Despite the index's rise, the number of advancing and declining stocks remained closely balanced, with 147 gainers and 156 losers. This suggests a lack of broad market consensus.

The index's gains were primarily driven by two Vin group stocks: VIC and VHM. These two shares collectively added over 23 points to the VN-Index. Vingroup (VIC) stock climbed 3,9% to 228,000 dong per share, while Vinhomes (VHM) stock increased 5,7% to 159,600 dong. Both recorded hundreds of billions of dong in liquidity, positioning them among the market leaders.

By 1:30 p.m., the total transaction value on the HoSE reached nearly 16,000 billion dong, representing an increase of over 33% compared to the same period in the previous session.

Tat Dat