Stocks surged to their ceiling price, pushing the VN-Index up by more than 70 points.

This morning (April 10th), investors rushed to buy shares, causing most stocks to rise in price, with the majority hitting the ceiling price, and the VN-Index gaining more than 70 points.

Following news that US President Donald Trump announced a 90-day pause on retaliatory tariffs, except for those on China, investors poured money into stocks.

In the US stock market, during last night's trading session, the Nasdaq Composite index rose by more than 12%, the S&P 500 index increased by 9.52%, and the Dow Jones index surged by 7.87%.

All stocks in the VN30 group rose to their maximum allowed limit . (Screenshot)

Asian stock markets also rose sharply at the opening. In Japan, the Nikkei 225 index rose 8.6% at the start of trading. In South Korea, the Kospi index rose 5%...

Positive news strongly impacted investor sentiment in the domestic market. This morning, investors rushed to place buy orders, and stocks surged in price, with more than half of them showing the purple (reaching the ceiling price).

At 9:45 AM, on the Ho Chi Minh City stock exchange, 492 stocks saw price increases, with 336 reaching their upper limit, and only 4 showing declines. Notably, in the VN30 group, all 30 stocks increased to their maximum limit.

In this group, demand is very high while supply is limited, resulting in a surplus of sell orders while there are still many buy orders waiting to be matched at the ceiling price.

Strong demand led to widespread gains across most sectors, mostly above 7%. Hardware was the only sector to decline.

As a group with large market capitalization and strong price increases, the banking sector provided significant support to the market's upward trend. The largest stock in the market, VCB, alone contributed over 7 points, followed by BID with nearly 3.8 points...

The VN-Index rose 72.66 points (6.64%) to 1,166.96 points; the VN30-Index reached 1,249.29 points, up 80.61 points (6.9%). Over 3,600 billion VND worth of shares changed hands across the entire exchange.

The Hanoi Stock Exchange also performed positively. The HNX-Index rose to 208.19 points, an increase of 15.62 points (8.11%); the HNX30-Index reached 403.68 points, an increase of 35.05 points (9.51%).

Source: https://hanoimoi.vn/co-phieu-dua-tang-tran-vn-index-doi-hon-70-diem-698452.html