VN-Index Soars to Its Largest Gain in Four Months: Retail Market Celebrates Strong Recovery!

The index closed 32.98 points higher, rebounding from a prior drop of 7.31 points. This encouraging shift reflects a resurgence of investor confidence in the Vietnamese stock market.

Trading volume on the Ho Chi Minh Stock Exchange surged by approximately 9.2%, reaching VND42.6 trillion (US$1.63 billion), a clear sign of renewed activity.

Most stocks in the VN-30 basket, representing the 30 largest companies, ended the day on a high note. Four notable stocks—VJC from budget airline Vietjet, VIC from conglomerate Vingroup, SHB of Saigon Hanoi Commercial Bank, and TPB from TPBank—hit their ceiling prices, illuminating a robust market sentiment.

However, not every blue chip could bask in the glow; FPT of tech giant FPT Corporation slid slightly, closing down by 0.4%. It’s almost as if FPT was the lone wolf at a party of jubilant investors.

Foreign investors took a different stance, emerging as net sellers with VND10.26 trillion in sales, predominantly offloading stocks like VIC and SSI of SSI Securities Corporation.

Meanwhile, the HNX-Index on the Hanoi Stock Exchange, which tracks mid and small-cap stocks, climbed 1.29%, while the UPCoM-Index for unlisted public companies advanced by 0.66%, demonstrating that the upward momentum was widespread.