Vietjet shares unexpectedly hit the ceiling when VN-Index surpassed 1,500 points

Vietjet shares unexpectedly hit the ceiling and, along with many blue-chips, pushed the VN-Index above the 1,500-point threshold.

The stock market continued to increase strongly at the close of today's session (July 22), the VN-Index increased by 24.49 points, equivalent to an increase of 1.65% to 1,509.54 points. Thus, after more than 4 years, the VN-Index has surpassed the 1,500 point threshold. The group of blue-chip stocks continued to lead the increase and in which, surprisingly, Vietjet stock (code VJC) increased to the ceiling.

Vietjet shares unexpectedly hit the ceiling on July 22 and VN-Index surpassed the 1,500 point threshold

PHOTO: DAO NGOC THACH

VJC shares increased by VND6,600 to VND101,700 despite foreign investors still selling more than 20 million units through negotiated transactions. At the end of the session, this stock had no sellers and more than 2.9 million shares were traded. VJC was also the stock with the strongest net selling in the entire market this session. VJC shares increased to the ceiling price thanks to the latest information about the Civil Aviation Authority of Vietnam announcing that the Ministry of Construction has approved Vietjet as the winning investor for the construction and maintenance service project of aircraft No. 3 and No. 4 at Long Thanh airport. These two projects are expected to be completed this year and put into operation from 2026 to December 31, 2050.

In addition to VJC, HVN shares of Vietnam Airlines continued to increase by nearly 5% after yesterday's ceiling session thanks to positive business results for the first 6 months of this year, exceeding the plan.

In this session, the blue-chip group still led the increase. In addition to VJC, other codes also increased strongly, including the trio of Vingroup "family" stocks: VIC, VHM, VRE, HVN, BCM, BID, HDB... In the whole market, cash flow spread strongly in the real estate, securities and banking groups. Other codes also recorded positive developments such as DXG, PDR, DIG or banking and securities stocks such as EIB, EVF, VIX, VND, SHS, HCM, TCS... VND shares, after falling in the morning session, suddenly had strong demand, increasing by more than 5%, with liquidity reaching more than 53 million units; VIX hit the ceiling while SHS also increased by more than 6%.

Cash flow into the market remains strong and remains at a very high level. This session totaled more than VND37,500 billion, equivalent to more than USD1.4 billion.

VN-Index has increased by nearly 40% since the beginning of April and many securities companies assess that there is no sign of stopping. However, not all sectors are going up together, but there will be more and more differentiation, so investors still have to be cautious when choosing stocks in the current period.

Source: https://thanhnien.vn/co-phieu-vietjet-bat-ngo-tang-tran-khi-vn-index-vuot-1500-diem-185250722152947662.htm