Despite a prevalence of declining stocks, the VN-Index rose 12 points to 1,754 points, just 13 points shy of its previous record, driven by the positive performance of the Vingroup group.
Many securities companies predict the VN-Index could surpass its previous record of 1,766 points, but do not rule out technical corrections due to profit-taking pressure.
Investors heavily offloaded shares, causing nearly 250 stocks to close below their reference price, the VN-Index to drop over 7 points, and liquidity to surge.
Investors pouring capital into the Vingroup group helped the VN-Index increase for the third consecutive session, nearing 1,660 points, despite a greater number of declining stocks.
Liquidity declines and the performance of small and mid-cap stock groups, along with market-sensitive sectors, are cooling down, indicating a gradual withdrawal of speculative cash flow, according to experts.
