In the first session of the week, VN-Index increased sharply to over 1,280 points.

In the first trading session of the new week, May 12, the VN-Index increased nearly 16 points, to over 1,280 points.

On the Ho Chi Minh City Stock Exchange, after the opening hour, the market was green, at one point the VN-Index increased by more than 12 points, reaching nearly 1,280 points. However, after reaching the above high, increased profit-taking pressure slowed down the market's growth, at one point recording less than 3 points. By lunchtime, the VN-Index stopped at 1,274.92 points, up 7.62 points.

Most stocks in the VN30 group increased in price. Screenshot

In the afternoon session, the market performed more positively with increased demand, especially in the VN30 group, thanks to which the index representing the floor increased sharply. At the end of the session, VN-Index stopped at 1,283.26 points, up 15.96 points (1.26%); VN30-Index reached 1,372.04 points after "increasing" 19.79 points (1.46%).

The entire floor recorded 200 stocks increasing in price, 111 stocks decreasing in price. Notably, in the VN30 group, most stocks increased in price with 27 stocks going up, 2 stocks currently in red are HPG and MSN.

Most industry groups increased in points. Of which, specialized services and trade had the most positive performance. In addition, software; real estate; banking; energy; food, beverages and tobacco; transportation; securities; consumer goods and decoration sectors also performed quite well.

Going against the market are the pharmaceutical-biological, telecommunications, vehicle and components, entertainment media, and hardware industries.

TCB contributed the most to the market with nearly 3.2 points. This code with the 5th largest capitalization increased by 6.52%; followed by VIC with more than 2.7 points, GVR (nearly 1.3 points)...

Liquidity reached over VND21,600 billion. Foreign investors were net sellers. This group bought over VND1,705 billion and sold nearly VND2,000 billion.

Today, the market received news that the US and China agreed to significantly reduce tariffs on each other's goods in the next 90 days. This is a major move to cool down the tariff tension between the two largest economies in the world.

On the Hanoi Stock Exchange, at the end of the session, the HNX-Index reached 216.04 points, up 1.91 points (0.89%); the HNX30-Index increased 7.22 points (1.71%), to 429.79 points. The entire floor had nearly 950 billion VND changed hands.

Source: https://hanoimoi.vn/phien-dau-tuan-vn-index-tang-manh-len-tren-1-280-diem-701991.html