The stock market has great support from cheap money, news about tariffs gradually subsides - Photo: AI drawing
The stock market opened the trading session on July 9 with positive sentiment spreading, VN-Index continued its strong increase from the previous session.
Right at the beginning of the morning session, the index quickly jumped nearly 13 points, reaching 1,426 points, before closing the session with an increase of 16 points, to 1,431 points.
The most notable developments today belonged to the TPB group of TPBank and ORS of Tien Phong Securities (TPS). Both codes simultaneously increased sharply at the beginning of the session, then TPB cooled down a bit, returning to an increase of more than 6%.
Hoa Phat (HPG) shares, after yesterday's spike, were net sold by foreign investors today after 3 consecutive buying sessions, with the price only increasing slightly by 0.2% above the reference price.
Strong cash flow poured into the market, especially the finance - banking group, when this group accounted for more than 70% of the active purchase value of the entire floor.
In the top 10 stocks that contributed the most to the increase in the HoSE index today, in addition to VHM (Vinhomes) and VIC ( Vingroup ), most of the rest are in the finance - banking group such as VCB (+4.24%), BID (+1.87%), VPB (+2.3%), SSI (+5.5%), CTG (+1.35%), HDB (+2.98%) and TPB (+6.43%).
Morning session liquidity reached about 11,700 billion VND, up 14% compared to the same time yesterday, and 42% higher than the average of the last 5 sessions.
In the whole session, the total trading value of the whole market reached nearly 41,000 billion VND, with HoSE alone contributing nearly 35,000 billion VND. The market breadth was positive, with more than 460 stocks increasing in price, while less than 300 stocks decreased.
The entire market recorded 13/19 secondary industry groups increasing points. However, apart from the trio of finance - banking - real estate increasing strongly, most other industry groups recorded lower growth performance than the general index.
On the downside, the information technology, retail, chemical, construction and utility groups adjusted slightly, with active selling pressure dominating.
Foreign investors maintained their net buying trend for the 6th consecutive session, and continued to increase the scale of purchases.
The net buying portfolio focused on banking, securities, FUEVFVND fund and seafood groups; on the contrary, strong net selling was seen in steel, information technology, construction and materials, retail, food, warehouse, oil and gas and chemicals groups.
The stock market is getting a lot of support from the news of easing tariffs, low interest rates and news of the removal of bank room.
On the macro side, at a recent press conference, Deputy Governor of the State Bank Pham Thanh Ha said that thanks to synchronous management solutions, credit has grown positively since the beginning of the year.
As of June 30, outstanding credit balance of the entire economy reached over VND 17.2 million billion, up 9.9% compared to the end of 2024, and up 19.4% over the same period, recording the highest increase since 2022.
In the first 6 months of the year, the State Bank continued to maintain operating interest rates, creating conditions for credit institutions to access low-cost capital, thereby supporting economic growth.
Source: https://tuoitre.vn/chung-khoan-tiep-tuc-tang-manh-tien-vao-cuon-cuon-vuot-41-000-ti-dong-2025070915161072.htm
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