A spectacular move, VN-Index skyrocketed at the end of the session after losing 36 points

In recent sessions, the stock market has continuously created drama with unexpected pullbacks. Typically, in today's session, VN-Index recovered strongly, narrowing nearly 50 points compared to the bottom of the day.

The stock market has recently seen a recovery at the end of the session - Photo: QUANG DINH

After a red morning session (September 11), the Vietnamese stock market had a strong bounce in the early afternoon when cash flow was stronger, especially in large-cap stocks.

From a drop of more than 36 points in the morning, VN-Index made an impressive recovery, closing at 1,657.75 points, up nearly 15 points from the reference - equivalent to a recovery of nearly 50 points from the session's bottom.

The driving force for the index came from the VN30 group, highlighted by the breakthrough of pillar codes: VIC increased by 3.9%, VHM (+4.03%), MSN (+1.23%)... along with the strong recovery of STB (+2.34%), MWG (+4.37%) and LPB (+4.9%)...

Today's trading session once again showed the leading role of large-cap stocks, especially stocks belonging to the " Vingroup family".

By industry, 14/22 industry groups have regained green, including real estate (+2.4%), construction materials (+1.07%), banking (+0.3%)...

The securities group is still the biggest "minus point" in the entire market with a decrease of 0.66%, but this number has also narrowed significantly compared to the morning session.

Previously, active selling pressure spread from the beginning of the session along with weak demand caused the VN-Index to quickly plummet. SSI hit the floor at times, but increased buying pressure at the end of the session "saved" many investors holding this stock from large losses.

The market breadth was fairly balanced with 335 stocks increasing in price, counterbalancing more than 350 stocks decreasing. The number of stocks hitting the ceiling was overwhelming with 26, while the number of stocks hitting the floor was about 11.

Total trading value today reached over 40,200 billion VND, an improvement compared to the previous session. The increase was concentrated in banking, securities and steel stocks, although these were also the groups with the sharpest declines during the day and were heavily sold by foreign investors.

Notably, the securities group alone recorded a sudden increase in trading volume compared to the average of the last 5 sessions.

Meanwhile, some defensive industries such as food, construction, utilities or livestock and aquaculture recorded a smaller decrease than the general market, with an amplitude of less than 0.5%.

On the contrary, real estate, retail, information technology and chemicals emerged as rare bright spots, going against the general trend of the whole market.

The strong recovery after the deep fall in the morning not only helped VN-Index maintain the 1,650-point zone but also raised expectations of the ability to maintain the short-term uptrend, although net selling pressure from foreign investors is still a notable factor in the coming sessions.

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BINH KHANH

Source: https://tuoitre.vn/mot-pha-ngoan-muc-vn-index-tang-vot-cuoi-phien-sau-khi-mat-36-diem-20250911153749608.htm