VN-Index surpasses 1,700 points, highest in history

Immediately after the news that Vietnam was upgraded by FTSE Russell, the Vietnamese stock market witnessed a quite positive trading session. At the end of the session on October 9, the VN-Index increased by nearly 19 points, thereby reaching a historical peak of 1,716.47 points.

The pair VHM and VRE of billionaire Pham Nhat Vuong became the center of attention on October 9 when they both broke out. VHM hit the ceiling price of 115,000 VND/share. VIC increased by 0.8%, VRE increased by 4.7%. Vin stocks contributed a total of more than 7 points to the VN-Index.

In addition, VN-Index was also supported by CTG, VPB, BSR all hitting the ceiling. CEO, VRE, DIG codes accumulated an additional 4-5.3%. In addition, CII, PDR, IDC or HDC stocks also recorded good improvements in market prices.

VN-Index surpassed 1,700 points, the highest in history.

Liquidity continued to improve according to the score. Total transaction value on HoSE reached nearly 34,000 billion VND, slightly up 700 billion compared to the previous session.

At the end of today's session, the HNX-Index increased by 1.6 points (0.59%) to 274.94 points, while the UPCoM-Index increased by 0.39 points (0.35%) to 110.82 points. Market liquidity remained the same as the previous session, with the HoSE floor recording more than 1.09 billion shares matched with a value of VND33,945 billion.

Foreign investors continued to net sell, with 1,605 billion VND, in which many codes were sold for over hundreds of billions. Specifically, HPG shares of Hoa Phat Group were the biggest net sellers with a value of 216.6 billion VND, equivalent to nearly 7.5 million shares. In the same direction, SSI was net sold for 188.1 billion VND.

Foreign investors also focused on net selling a series of real estate, finance and banking stocks such as VRE (VND 156.6 billion), VHM (VND 149.5 billion), VCI (VND 145.5 billion), CTG (VND 135.8 billion), VIX (VND 134.7 billion), VND (VND 129.7 billion), STB (VND 80.4 billion).

On the opposite side, VIC shares of Vingroup Corporation were net bought the most with a scale of 149.7 billion VND. Next, TCB and BSR were net bought with 148 billion and 109.5 billion VND respectively. Disbursement activities were also witnessed in LPB, GEX, MWG, FRT, VJC, HAG, POW with a value of less than 100 billion VND.

In its latest strategic report, SSI Securities assessed that the market still has a lot of growth potential in the future. Although it recorded a strong price increase in 2025, market valuation is still attractive.

Ngoc Vy

Source: https://vtcnews.vn/vn-index-vuot-1-700-diem-cao-nhat-lich-su-ar970311.html