Stocks rose 15 points.

Increased active buying pressure helped some stocks hit their upper limit, and the VN-Index gained 15 points after the November 6th session, returning to the 1,260 point level.

Stocks opened higher today, mirroring other financial markets. Risk-oriented investment channels such as stocks and cryptocurrencies all surged in line with the "Trump trade," which involves buying and selling based on bets that Donald Trump will win the election. A similar trend was observed in the Vietnamese market today, with the VN-Index rising continuously from the opening.

The HoSE index surpassed 1,250 points after the opening auction, traded sideways until mid-morning, then continued to extend its gains. Leading stock groups, such as banking and real estate, all maintained positive performance.

Active buying pressure also pushed the prices of many mid-cap and penny stocks well above their reference levels. Several industrial real estate stocks surged to their ceiling price, driven by expectations of a potential shift in investment capital.

At the close of trading, the VN-Index stood at 1,261.28 points, up 15.52 points (1.25%). The VN30-Index gained 16.2 points (1.23%), reaching 1,329.56 points. On the Hanoi Stock Exchange, both the HNX-Index and UPCOM-Index closed above their reference levels.

Total market liquidity reached over 15,800 billion VND. Of this, liquidity on the HoSE exchange accounted for over 14,100 billion VND, an increase of over 3,700 billion VND compared to the previous session. However, foreign investors continued to be net sellers today, with a scale of over 380 billion VND, marking the 10th consecutive session.

By the end of the session, green dominated the trading board, with 312 stocks rising on the HoSE exchange compared to 61 falling.

GVR was the stock that contributed the most to the VN-Index, adding 1.6 points as it rose by more than 5% to 33,750 VND. Conversely, HVN was the stock that dragged the index down the most, falling to 22,550 VND.

In the large-cap group, all 30 VN30 stocks closed above the reference price. Besides GVR, stocks in the banking, real estate, and steel sectors traded positively. GVR, CTG, and TPB rose over 2%, while TCB, HPG, STB, VRE, and MBB increased by 1.6-1.9%.

In the mid-cap group, several industrial real estate stocks surged due to expectations of a shift in investment capital. KBC, in particular, saw no sellers, with over 20 million shares changing hands. Viglacera's VGC also hit its upper limit.

Source