After a slight correction last weekend, the domestic stock market quickly regained momentum this week thanks to positive information about the US-UK and US-China trade negotiations.
At the end of the session on May 14, the VN-Index increased by 16.3 points (1.26%) to 1,309 points. The entire HoSE recorded 189 stocks decreasing, 122 stocks decreasing and 53 stocks remaining unchanged. In the VN30 group, there were 22 stocks increasing, 7 stocks decreasing and 1 stock remaining unchanged. The VN30-Index increased by 15.09 points (1.09%) to 1,397.87 points.
VN-Index surpasses 1,300 points. (Screenshot)
Large-cap stocks, especially banking stocks, are the driving force behind the rapid recovery of the market. Among the 10 stocks that contributed most positively to today's increase, 6 were representatives of the banking group. Most impressively, VPB had the most exciting performance when it increased to the full range of 18,900 VND, closing the session with no sellers, and the volume waiting to buy at ceiling price was more than 1.7 million shares. In addition, VCB, BID, LPB, TCB, HDB also increased sharply from 1.5-4.6%.
Steel industry stocks also increased with HSG reversing from a decrease to an increase of 3.3%, leading in price fluctuation amplitude of this group.
In the real estate group, Vinpearl's VPL had its second consecutive ceiling price session, closing at VND91,400.
Cash flow spread widely, helping liquidity reach a 3-week high. HoSE recorded more than 1 billion shares successfully transferred, equivalent to a transaction value of VND27,300 billion.
On the HNX floor, the HNX-Index increased by 0.95 points (0.44%) to 218.88 points. The entire floor had 79 stocks increasing, 81 stocks decreasing and 62 stocks remaining unchanged.
On the Upcom floor, the Upcom-Index increased by 0.34 points, closing at 94.89 points.
Total transaction value on all 3 floors reached over 29,000 billion VND.
In today's session, foreign investors increased bottom fishing with a net buying value of more than VND 2,260 billion, the highest since the end of November 2022.
Source: https://vtcnews.vn/vn-index-vuot-moc-1-300-diem-co-phieu-vinpearl-tiep-tuc-tang-tran-ar943206.html
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