Stocks suddenly turn 'blue and purple', a series of bank stocks increase sharply

After a sharp decline from the peak, banking stocks rebounded. HDB and VPB recorded positive recoveries, contributing to the green color of the stock market today.

The market rebounded after a series of days under pressure to adjust - Photo: QUANG DINH

At the end of the trading session on September 24, VN-Index increased by nearly 23 points, closing at 1,657.46 points. Both remaining indices, HNX-Index and UpCOM-Index, also closed in green.

Market liquidity has not improved much, the total value of matched orders on all three exchanges remained around VND27,000 billion. However, investor sentiment has eased as the entire market recorded nearly 450 stocks increasing in price during the session.

Banking stocks were the focus of today's session as the entire industry increased by nearly 3%. Notably, HDBank 's HDB recorded a ceiling increase (+6.97%).

After a period of consecutive adjustments, losing nearly 13% from the peak in August, HDB's valuation is considered to have become more attractive.

In addition, the market also has supporting factors such as the plan of HDBank's securities company to participate in the crypto asset sector, along with some unverified information related to stock trading activities.

In addition, VPB (+5.69%), TPB (+2.34%), STB (+2.89%), ACB (+2.56%),SHB (+2.06%), TCB (+3.47%), EIB (+3.17%)... all recovered quite well after a strong discount in the previous sessions. Thanks to that, the overall picture of the banking stock group has become less gloomy.

Similarly, the securities group also added nearly 2.6% after today's session with strong increases from VND (+3.83%), SSI (+2.16%), VCI (+4.18%), HCM (+2.48%), SHS (+5.71%),

The real estate group recorded positive developments in today's session when many codes increased with large amplitudes. However, the growth momentum of the whole group was somewhat restrained due to the slight adjustment of two large stocks of Vingroup , VHM (-0.71%) and VIC (-0.13%).

On the contrary, a series of other codes increased strongly by over 4% such as PDR (+5.5%), DIG (+5.37%), HDC (+4.84%)..., in which CII attracted attention when it increased to the ceiling.

Market breadth today showed a positive trend as only 4/22 industry groups decreased, while most of the rest maintained green.

"Information-free" stock market

At present, the general trend of the stock market is quite unpredictable when falling into an "information void", making investors' defensive psychology understandable.

Investors are likely waiting for a series of important data to be announced, including: Vietnam's third-quarter GDP figures in early October; FTSE's market upgrade report expected on October 8 (Vietnam time); and third-quarter 2025 business results of listed companies, announced in mid-October.

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BINH KHANH

Source: https://tuoitre.vn/chung-khoan-bat-ngo-xanh-tim-loat-co-phieu-ngan-hang-tang-manh-20250924151409559.htm