Vingroup shares boost the market.

The VN-Index closed the first trading session of the week up more than 15 points, surpassing the 1,200-point mark, as the trio of Vingroup stocks hit their upper limit.

Stocks started the week in positive territory, but investor caution remained high as the index hovered around the psychological 1,200-point mark. Trading volume fluctuated slightly during the morning session as both buyers and sellers maintained a wait-and-see approach.

However, by early afternoon, the market's momentum stemmed from the trio of Vingroup stocks. VRE, VIC, and VHM all surged, pushing the VN-Index further into positive territory. Rumors of a potential divestment in a Vingroup subsidiary drew investors' attention to this group. The HoSE index rose by over 10 points in just a few minutes, closing more than 15 points (1.26%) higher at nearly 1,225 points. Two out of three Vingroup stocks, VIC and VRE, closed at their upper limit, while VHM also increased by 6.7%.

The VN30-Index also rose by a similar margin, reaching 1,240.2 points. On the Hanoi Stock Exchange, both the HNX-Index and UPCOM-Index surpassed their reference levels.

Today's session also extended the VN-Index's sixth consecutive day of gains. The index is currently at its highest level since September 20, 2023.

Total market liquidity reached over 29,000 billion VND. Of this, liquidity on the HoSE exchange accounted for over 24,700 billion VND, an increase of over 9,000 billion VND compared to the previous session. Foreign investors also made net purchases of over 137 billion VND today.

The index rose sharply, largely driven by the Vingroup group, but the green color wasn't overwhelming on the trading board. By the end of the session, the HoSE had 298 stocks that increased in price, compared to 217 stocks that decreased.

VHM was the stock that contributed the most to the VN-Index, adding over 3 points as it closed near its upper limit. VIC ranked second in terms of impact with 2.9 points.

Besides Vingroup, oil and gas stocks also attracted capital inflows today. BSR closed up nearly 6%, PVB and OIL gained over 3%, while PLX, PVC, PVD, and PVS traded positively. Today is the day of the God of Wealth, and PNJ shares fell below the reference price.

Some stocks in the banking, retail, and construction materials sectors also attracted attention. Conversely, most real estate stocks were in the red.

Minh Son

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