VN-Index increases sharply, a series of stocks have 'rare' developments after Mr. Trump's statement

Textile stocks all rose after a series of "gloomy" days due to tariff concerns (Photo: AI drawing)

VN-Index faced strong selling pressure at the beginning of the session on May 26, the index lost more than 25 points at one point. However, the active selling pressure later weakened, helping the index narrow its decline to -3.54 points.

In which the financial group accounts for half of the active selling of the whole market, with large industry groups all on the down side.

Market liquidity this morning increased by 60% compared to the same time last Friday morning, and increased by 10% compared to the average of 5 sessions.

However, in the afternoon session, the market traded much more positively. In particular, a series of textile stocks suddenly increased to the ceiling, after "gloomy" days due to information about reciprocal tariffs from the US.

In which, TNG of TNG Investment and Trading Joint Stock Company increased by nearly 10%, reaching the price range of 18,400 VND/unit. Not far behind, TCM of Thanh Cong Textile - Investment - Trading Joint Stock Company also increased by the full margin with nearly 7%.

In addition, purple and blue covered a series of other garment stocks such as: MSH of Song Hong Garment (+6.9%), HTG of Hoa Tho Textile and Garment (+7%), VGT of Vietnam Textile and Garment Group (+14.7%), GIL of Gilimex (+6.79%), M10 of Garment Corporation 10 (+8.04%), STK (+5.52%), ADS (+4.19%), VGG (6.24%), HDM (5.94%)...

Textile stocks rose across the board after Trump’s latest announcement. The US president has said his tariff policy is aimed at boosting domestic production of tanks and technology products, rather than sneakers and T-shirts.

"Frankly, I don't want to make T-shirts. I don't want to make socks. We can do those things very well in other places. We want to make chips and computers and many other things, tanks and warships," Mr. Trump emphasized.

Not only the textile industry, many other groups of stocks also "benefited" from the above statement. All three exchanges today recorded nearly 510 stocks increasing in price and 46 stocks hitting the ceiling. On the contrary, there were more than 200 stocks decreasing in price with 9 stocks hitting the floor.

The untied psychological factor has helped liquidity in the entire market recover after the "disappearing" session last weekend. The matching orders of the Ho Chi Minh City Stock Exchange have returned to above the 20-session average, reaching more than 1 billion units, an increase of nearly 50% compared to Friday's session.

Meanwhile, foreign investors continued to "collect" to buy VHM (+151 billion VND), VSC (+51.4 billion VND), DGI (+39 billion VND). In contrast, this group sold VIX (-93 billion VND), VCG (-69.3 billion VND), GEX (-56.6 billion VND)... In total, foreign investors net sold more than 60 billion VND today.

Meanwhile, Asian stocks had a mixed session as investors assessed the US decision to postpone tariffs on goods from the EU.

The NIKKEI 225 (+1%), KOSPI (+2.02%) indices increased quite well, on the contrary, the KLSE (-0.28%), TWSE (-0.53%), SET (-0.56%) indices all decreased./.

According to Tuoi Tre Newspaper

Source: https://tuoitre.vn/vn-index-tang-manh-loat-co-phieu-co-dien-bien-hiem-thay-sau-tuyen-bo-tu-ong-trump-20250526152817991.htm

Source: https://baolongan.vn/vn-index-tang-manh-loat-co-phieu-co-dien-bien-hiem-thay-sau-tuyen-bo-tu-ong-trump-a195963.html