VN-Index Soars to New Heights

The VN-Index experienced a significant uplift, closing 13.68 points higher, marking a 2-month high. This follows a modest gain of 2.4 points in the previous session, showcasing a robust momentum in Vietnam's stock market.

Market Activity and Key Performers

Trading on the Ho Chi Minh Stock Exchange surged by 3.34%, reaching VND16.512 trillion (approximately US$649.3 million). The VN-30 basket, which includes the 30 largest capped stocks, witnessed gains across all tickers. Notably, CTG of VietinBank led the charge with a 5.5% increase, closely followed by STB of Sacombank and SSI of SSI Securities Corporation, which rose by 4.5% and 2.3% respectively.

Foreign Investment and Broader Market Trends

Foreign investors emerged as net buyers, with investments totaling VND254 billion, primarily focusing on SSI and HPG of Hoa Phat Group. The broader market also saw positive movements, with the HNX-Index and UPCoM-Index for the Hanoi Stock Exchange and Unlisted Public Companies Market rising by 0.79% and 0.61% respectively.