The VN-Index rose over 17 points in the first session of the week, nearing 1,900 points, driven by significant contributions from leading stocks in the real estate, oil and gas, and banking sectors.
Domestic investors have heavily invested in large-cap stocks, driving stock market liquidity to 46,000 billion VND, the highest in the past three months.
The VN-Index extended its rally for three consecutive sessions, closing the year at 1,784 points, marking a 40% increase this year and its most positive period since 2017.
After spending most of the day below its reference level, the VN-Index regained positive territory in the final minutes of trading, supported by banking stocks and blue-chip shares.
Sell-off pressure drives DGC stock to hit its floor price for the second consecutive session, with over 1 trillion VND in unsold shares, as the VN-Index falls below the 1,680-point mark.
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.
