Vingroup's VIC stock reached its highest level in history, becoming a pillar supporting the stock market's nearly 9-point gain despite over a hundred stocks declining.
A surge of investment into bank stocks in the final minutes of trading propelled the VN-Index from a loss to a 22-point gain, marking its most enthusiastic session since early September.
Intense selling pressure pushed over 260 stocks on the Ho Chi Minh City Stock Exchange (HOSE) into the red, causing the VN-Index to lose 24 points and extending its losing streak to 5 consecutive sessions.
The Vietnamese stock market ended the week down nearly 7 points, marking its fourth consecutive decline, despite low trading volume and support from Vingroup shares.
The VN-Index fell nearly 6 points as the market entered a "news vacuum," driving liquidity down to under 28,000 billion VND, its lowest level in two months.
Two-thirds of stocks rose, with strong cash flow into blue-chip stocks, helping the market accumulate nearly 10 points in the final session of the week.
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A surge of investment in large-cap stocks like SSI, VPB, and SHB propelled the VN-Index up nearly 13 points in the final minutes of trading, halting two consecutive days of decline.
The VN-Index fell 42 points, continuing its two-day decline, but the market showed positive signs with surging liquidity and net buying by foreign investors.
After soaring to a record 1,711 points in the morning session, the VN-Index immediately reversed course, dropping nearly 30 points due to profit-taking, according to experts.
