VN30-Index rose sharply.

Investors are closely monitoring the VN30 basket as the representative index surged to its maximum limit within the first 30 minutes of trading on April 10th.

Less than 30 minutes into the morning trading session on April 10th, the VN30-Index surged to its maximum limit. The index reached over 1,249 points, nearly 81 points higher than the reference level, or 6.9%. This was the ceiling price for today's session.

All 30 stocks in this basket are showing purple (indicating a price increase). Trading volume reached nearly 1,200 billion VND, led bySHB , VIC, SSI, CTG, and FPT.

At 9:25 AM, in terms of sector indices, export-related groups were leading the market, including automobiles and parts, industrial goods and services, food, beverages, resources, oil and gas, etc. The stock market charts for these sectors were almost entirely covered in green and purple.

The VN-Index remained near 1,167 points, an increase of over 72 points compared to the reference level. Approximately 287 stocks on the entire exchange reached their upper limit. Trading volume exceeded 3,100 billion VND.

Ten minutes earlier, following the explosive opening auction, the stock market reached 1,166 points, equivalent to an increase of nearly 72 points in just 15 minutes. Over 96% of stocks on the HoSE exchange rose in price, with over 260 stocks hitting the ceiling price. In the VN30 basket, the representative index even recorded a gain of nearly 80 points. All stocks in the VN30 basket hit the ceiling price.

Liquidity was above 2,200 billion VND, a slight increase compared to the previous session. The banking and real estate sectors led in both increase and trading value, notably KBC, SHB, DIG, SSI, and CTG, which recorded liquidity exceeding 100 billion VND.

The HNX and UPCoM exchanges also reacted positively, rising by 14 points and 6 points respectively. Both exchanges currently have 88 and 120 stocks that have reached their ceiling price.

According to a quick assessment by Yuanta Securities Vietnam, this move marks a continuous shift in economic policy from the Donald Trump administration. However, trade tensions with China continue to escalate as the US raises tariffs to 125%.

This analysis group recommends that investors may continue to stay on the sidelines and limit selling during this period. If they wish to make new purchases, investors should consider stocks that have already shown buy signals, but with a low weighting.

Technically speaking, in the previous session, VPBank Securities noted that bottom-buying demand was active, but selling pressure remained strong, causing the VN-Index to fall below the 1,100-point mark. Technical indicators fell deeply into oversold territory, especially the RSI, which is near its pandemic-era low in March 2020. Therefore, this analysis team predicts that a technical rebound is still expected in the coming trading sessions.

Meanwhile, Thanh Cong Securities (TCSC) assesses that investor sentiment is highly likely to remain stable. They see this as an opportune time to restructure portfolios, shifting from stocks that are likely to remain the primary target of this tax imposition to other safer and less impactful stocks.

Wall Street experienced a surge following news of a postponement of retaliatory tariffs by US President Donald Trump. The Nasdaq Composite index rose more than 12%, the second-largest single-day gain in US stock market history. The S&P 500 also gained 9.52%, while the DJIA also rose 7.87%, its strongest gain since June 2020.

Asian stock markets also opened strongly. In Japan, the Nikkei 225 index rose 8.6% at the start of trading, the Topix gained 8%, and the Kospi (South Korea) increased 5%.

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