The stock market reached a new peak.

On the Ho Chi Minh City stock exchange, the market performance was quite similar to yesterday's session, with gains at the beginning and end of the session.

In the morning session, after the market opened, the VN-Index rose above 1,618 points. However, from 10 am onwards, strong selling pressure caused the index to fall back to the reference level and then turn red, losing the 1,600-point mark. By the end of the lunch break, the VN-Index closed at 1,591.51 points, down 16.71 points.

In the afternoon session, the market was mostly in the red due to continued selling pressure. Fortunately, towards the end of the session, improved demand helped the market rebound.

In the financial sector, several stocks and insurance companies hit their upper limit. (Screenshot)

At the close of trading, the VN-Index stood at 1,611.6 points, up 3.38 points (0.21%), while the VN30-Index fell to 1,753.71 points, down 1.54 points (-0.09%). Thus, the VN-Index closed above its previous peak reached yesterday, establishing a new all-time high.

The number of stocks that increased and decreased in price was roughly equal, at 164 and 165 respectively. Within the VN30 group, the number of stocks that increased and decreased in price were 11 and 16 respectively.

Market movements continue to be driven by large-cap stocks. In this session, among the top 10 largest capitalized stocks, only 3 showed gains (VIC, CTG, and MBB), 1 declined, and the rest were in the red.

The strongest support for the market came from MBB, contributing nearly 2.3 points to the VN-Index; followed by CTG (over 2 points), MSN (0.84 points), LPB (0.83 points)... Conversely, two other bank stocks, VPB and VCB, deducted the most points, with VPB (over 1.44 points) and VCB (nearly 1 point) respectively.

Sectors experiencing price increases outnumbered those experiencing price decreases. The most positive developments were seen in insurance, hardware and equipment, and personal and household care products, with increases of over 2%.

The securities sector performed quite positively, with most stocks rising, including some that hit their upper limit such as MBS and CTS. Conversely, energy, vehicles and components, software and services all fell by more than 1%.

Many investors took profits, but a significant number also bought, resulting in high liquidity. Nearly 56,000 billion VND changed hands across the entire exchange. Foreign investors were net sellers, buying over 4,271 billion VND and selling over 5,750 billion VND.

On the Hanoi Stock Exchange, the total trading value reached over 5,000 billion VND. At the close of the session, the HNX-Index stood at 279.69 points, up 3.22 points (1.16%); the HNX30-Index reached 625.71 points after gaining 10.96 points (1.78%).