VN-Index surpasses 1,730 points

Illustration photo.

After a period of stagnation, the stock market has strongly revived as money flows in, especially concentrated in the banking group. At the same time, foreign investors continuously net bought, contributing to pushing the index above the 1,730 point threshold.

At the end of the trading session on December 3, VN-Index increased by 14.71 points to 1,731.77 points. Trading volume reached more than 822.6 million shares, equivalent to nearly VND 28,595 billion. The entire floor had 225 stocks increasing in price, 101 stocks decreasing in price and 45 stocks remaining unchanged.

HNX-Index increased slightly by 0.8 points to 258.67 points. Trading volume reached over 62.2 million shares, equivalent to over VND1,295 billion. The entire floor had 81 stocks increasing in price, 57 stocks decreasing in price and 72 stocks remaining unchanged.

UPCOM-Index increased by 0.46 points to 120.16 points. Trading volume reached over 30.9 million shares, equivalent to over VND532.8 billion. The entire floor had 156 stocks increasing in price, 82 stocks decreasing in price and 75 stocks remaining unchanged.

Large-cap stocks accelerated, the VN30 basket had 21 stocks increasing in price, while only 9 stocks decreased in price and 2 stocks remained unchanged. In fact, today Vingroup stocks fell sharply with VIC down 2.04%, VRE down 1.15%, VPL down 3.66%. However, the role of creating market momentum was given to stocks such as CTG up 6.01%, BID up 4.21%, MBB up 4.25%, VPB up 4.67%, MWG up 5.88%,ACB up 2.09%, MSN up 2.54%, LPB up 2.32%, SSB up 2.9%, TCB up 2.05%, VCB up 2.66%...

Banking stocks had the strongest increase today with 26 stocks increasing in price, while only SGB remained unchanged. This was the biggest driving force for the index to increase impressively and steadily. Along with the banking group, the securities stocks also performed positively with green dominating. In the real estate stocks group, small and medium-cap stocks increased in price. At the same time, positivity was also shown in the retail, food and beverage stocks group...

Regarding foreign transactions, this group continued to net buy more than 367 billion VND on the HOSE floor, focusing on MBB (257.93 billion VND), VPB (197.44 billion VND), CTG (168.61 billion VND) and MWG (165.07 billion VND). On the HNX floor, foreign investors net sold more than 16 billion VND, focusing on PVS (11.93 billion VND), MBS (10.48 billion VND), SHS (5.59 billion VND) and PVI (3.35 billion VND).

The simultaneous increase in domestic and foreign cash flows shows that market sentiment is clearly changing in a positive direction, especially when the banking group becomes the focus of strongest capital attraction.

The fact that the VN-Index surpassed the 1,730-point mark not only reflects the resilience of leading stocks but also shows investors' expectations of a new growth cycle forming.

However, with the rapid growth rate and the phase difference between industry groups, the market may soon experience technical corrections, requiring investors to closely monitor cash flow and developments of large-cap stocks in the following sessions.

Source: https://vtv.vn/vn-index-vuot-nguong-1730-diem-100251203164211498.htm