VN-Index Records Significant Recovery

The VN-Index made a remarkable recovery, closing 32.98 points higher after a slight drop in the previous session. This marks the biggest gain the index has seen in the last four months.

Trading Volume Sees Notable Increase

Trading on the Ho Chi Minh Stock Exchange surged by approximately 9.2%, reaching a total of VND42.6 trillion (US$1.63 billion). This indicates a growing confidence among investors in the Vietnamese market.

Blue Chips Lead the Charge

Nearly all stocks in the VN-30 basket, which includes the 30 largest capped stocks, ended the day on a high note. Notably, Vietjet (VJC), Vingroup (VIC), Saigon Hanoi Commercial Bank (SHB), and TPBank (TPB) hit their ceiling prices, showcasing strong performance.

Foreign Investors Take a Step Back

Despite the overall positive trend, foreign investors were net sellers, offloading assets worth VND10.26 trillion. The majority of these sales were in VIC and SSI Securities Corporation (SSI).

Other Indices Also on the Rise

The HNX-Index for mid and small caps on the Hanoi Stock Exchange rose by 1.29%, while the UPCoM-Index for the Unlisted Public Companies Market increased by 0.66%, indicating a broad-based market recovery.