Stocks of banking sector soar on the first trading day after Lunar New Year, with one stock hitting the limit up.

In the trading session on February 15th, 23 out of 27 bank stocks experienced an increase in price.

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The Vietnamese stock market opened positively on February 15th, led by the banking sector. VNIndex increased by 3.97 points to 1,202.5 points. The banking stocks recorded 23 out of 27 stocks closing in green.

Among them, MSB stocks surged by 6.74%, closing at 15,050 VND/share, returning to the peak level in September 2023. MSB’s liquidity spiked with over 35.3 million shares traded, worth 520 billion VND, the highest ever. Foreign investors also heavily bought this stock with a net buying volume of over 8.2 million shares, worth 123 billion VND.

Three other stocks increased by over 5% including NVB (+5.56%), OCB (+5.3%), VAB (+5.26%). OCB stock also recorded a surge in liquidity, four times higher than the average of the previous 5 sessions. During the trading session, OCB nearly hit the upper limit, reaching 16,050 VND/share (+6.29%). Foreign investors also net bought nearly 1.5 million units of OCB, worth 23 billion VND.

Many large stocks also saw strong gains such as TCB (+2.95%), MBB (+2.77%), VPB (+1.02%),…

On the other hand, two state-owned banks VCB and CTG closed in red, down by 0.11% and 1.41% respectively. In addition, BID stock closed at the reference price. ACB stock was the biggest decliner in the sector, losing 2.86%.

The overall trading volume of the sector reached 5.7 trillion VND. Among them, there are 5 stocks with a trading value exceeding 500 billion VND, including MBB, STB, SHB, MSB, TCB.