The VN-Index recovered to above 1,256 points.

The Vietnamese stock market experienced significant fluctuations today (June 25th). At the close of trading, the VN-Index stood at 1,256.56 points, up 2.44 points (0.19%); while the VN30-Index fell 1.05 points (-0.08%) to 1,288.8 points.

Earlier, at the market opening, green appeared on the electronic boards, but the upward momentum slowed down and then turned red. In the afternoon session, around 1:30 PM, increased buying pressure helped the index reach the reference level and rise nearly 5 points, close to 1,260 points.

However, the market experienced a sharp drop right at this psychological resistance level. But strong buying pressure towards the end of the session helped the market rebound.

The Vietnamese stock market witnessed significant fluctuations today (June 25th) (illustrative image).

Today, on the Ho Chi Minh City stock exchange, rising stocks outnumbered falling stocks, with 238 advancing and 161 declining. Within the VN30 group, the number of advancing and declining stocks was 14, while the number of advancing and declining stocks was fairly balanced across sectors.

Among the rising stock groups, real estate, plastics-chemicals manufacturing, and transportation-warehousing stocks performed the best, rising by more than 1%.

In the real estate sector, most stocks rose in price, with VRE hitting its ceiling price, contributing the most to the VN-Index with 0.81 points; VHM increased by 0.93%, also contributing positively to the overall market index.

Stocks that were heavily sold off yesterday recovered today, with many showing gains. Trading volume decreased sharply compared to the previous session, reaching just over 21,500 billion VND. Foreign investors continued to be net sellers, buying over 2,790 billion VND and selling over 3,496 billion VND.

On the Hanoi Stock Exchange, the total trading value reached over 1,000 billion VND. At the close of the session, the HNX-Index edged up 0.45 points (0.19%) to 240.19 points; the HNX30-Index closed at 523.71 points after increasing 3.44 points (0.66%).

Recently, foreign investors have intensified their net selling on the Vietnamese stock market. Since the beginning of 2024 alone, the net selling value of foreign investors on the HoSE has exceeded 48,000 billion VND. This figure is likely to continue to increase as selling pressure shows no signs of abating.

The record for net selling by foreign investors was recorded in 2021, exceeding 58,000 billion VND.

An Ha

Source: https://www.congluan.vn/chi-so-vn-index-phuc-hoi-len-1256-diem-post300691.html