Why did Vietnamese stocks explode after the US presidential election?

(NLDO) – VN-Index skyrocketed and closed at its highest level right after the US presidential election results were announced, surprising many investors.

At the end of the trading session on November 6, VN-Index fluctuated unexpectedly when it closed at the session's highest level, up to 1,261.28 points, up 15.52 points compared to the previous session; HNX Index closed at 227.76 points, up 2.9 points and Upcom also increased slightly by 0.81 points to 92.71 points.

The positive developments of the Vietnamese stock market immediately followed the news that Mr. Donald Trump won the US presidential election this afternoon, Vietnam time.

Although liquidity has not improved as the trading value on the HOSE is still only over 14,000 billion VND, many stocks have been trading well. A series of stocks in the real estate and industrial park real estate sectors closed in purple such as KBC, SZC, LDG, LHG, GVR; securities stocks increased sharply such as MBS, AGR, BVS, VDS... Many other stocks in the banking, steel, and oil and gas sectors also fluctuated positively.

In the group of large-cap stocks, the most positive impact on VN-Index is GVR, CTG, BID, TCB, FPT , HPG, MBB...

Stock market green in trading session

Although foreign investors continued to net sell, the net selling value decreased compared to previous sessions, when net selling on HOSE was more than 380 billion VND, focusing on VHM, MSN, SSI, VCB...

Why did Vietnamese stocks explode after the US presidential election? In a quick exchange with reporters from Nguoi Lao Dong Newspaper this afternoon, Mr. Nguyen The Minh - Director of Research and Product Development, Individual Clients, Yuanta Vietnam Securities Company - analyzed that looking back at the history of previous US presidential elections, before the election, the liquidity of VN-Index would be low and less volatile, even negative. But after the election and the result of a new President in the US, the Vietnamese stock market always increased quite positively. In the short term, it may be affected by strong fluctuations, adjustments for a few sessions, but the trend is positive in a few months, even within the next year.

In particular, with the election of Mr. Donald Trump, his policies have proposed a series of solutions, with 3 main issues that can strongly impact the economy as well as the Vietnamese stock market. Specifically, the intervention of the US Federal Reserve (FED) when Mr. Trump supports reducing interest rates to support the US economy to grow more clearly and strongly in the coming time.

"Interest rates may decrease more sharply in 2025, and Vietnam will also benefit from this story, especially export and logistics enterprises when export turnover grows strongly again. Supported energy and oil and gas policies will also help this group of stocks benefit, and finally, trade policies with major countries, including China, will impact Vietnam's economy and the stock market," Mr. The Minh analyzed.

Source: https://nld.com.vn/vi-sao-chung-khoan-viet-bung-no-sau-bau-cu-tong-thong-my-196241106162315263.htm