Market liquidity saw a modest increase compared to the previous trading session, with the transaction volume of matched orders on the VN-Index exceeding 691 million shares, equivalent to a value of nearly VND 17 trillion; HNX-Index reached nearly 81 million shares, equivalent to a value of over VND 1.5 trillion.
The VN-Index opened the afternoon session with an optimistic atmosphere as buying pressure dominated right from the start, pushing the index to climb continuously and close near its highest point of the day. In terms of impact, FPT, CTG, GVR, and HPG were the stocks with the most positive impact on the VN-Index, contributing more than 8 points.
Source: VietstockFinance
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The HNX-Index also exhibited a similar trend, with the index being positively impacted by stocks such as CEO (7.47%), VC3 (6.67%), NDN (6.25%), BVS (5.22%), and others.
Source: VietstockFinance
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At the close, the market gained 1.1%, with green covering almost all industry groups. Notably, the technology and information sector showed the strongest recovery at 6.69%, primarily driven by stocks like FPT (+6.95%), CTR (+5.59%), and CMG (+5.84%). This was followed by the plastics and chemicals manufacturing sector and the seafood processing sector, which increased by 5.05% and 4.35%, respectively. Conversely, the agriculture, forestry, and fishery sector was the only one to decline, with a loss of -0.5%, largely due to stocks such as VIF (-10%), HNG (-0.25%), and NSC (-0.52%).
Regarding foreign trading, foreign investors continued to net sell more than VND 179 billion on the HOSE exchange, with the focus on stocks like VHM (VND 75.04 billion), VCB (VND 51.43 billion), HDB (VND 38.95 billion), and GAS (VND 33.54 billion). On the HNX exchange, foreign investors were net buyers of more than VND 60 billion, primarily in PVS (VND 80.13 billion) and MBS (VND 11.86 billion).
Source: VietstockFinance
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12:00 PM: Information and technology stocks “explode”
The market ended the morning session with a continuous increase, with the VN-Index gaining 19.63 points to reach 1,197.03 points; the HNX-Index increased by 3.02 points to reach 225.65 points.
The market entered the morning session with a rather optimistic sentiment, and the pace of point increases was quite fast and steady. The VN-Index increased by nearly 20 points, with the main driver being the VN30 group as all stocks extended their gains.
On April 23, the FPT Corporation (HOSE: FPT) announced a strategic partnership with technology giant NVIDIA to promote artificial intelligence (AI) research, providing services and solutions to Vietnamese customers and globally. The two parties plan to establish an artificial intelligence factory (AI Factory), train human resources, and become Service Delivery Partners in NVIDIA’s partner network. Additionally, FPT and NVIDIA are expanding their AI research project with the AI Labs model, collaborating to promote the development of the e-sports community and digital content creation on cloud platforms through the Cloud Gaming platform in Vietnam.
During the morning session today (April 24), FPT shares surged from the beginning of the session, with an increase of nearly 5%. Furthermore, the remaining stocks in the group also responded positively with strong increases, such as CTR rising by 3.98%, CMG increasing by 3.86%, and ELC gaining 4.25%.
However, market liquidity has not yet shown much improvement, remaining at a relatively low level, indicating that investors are still cautious. The trading volume on the VN-Index reached 302 million shares, with a transaction value of VND 7.1 trillion. The HNX-Index recorded a trading volume of 34 million shares, with an equivalent value of VND 648 billion. These were quite modest figures recorded during the morning session.
10:40 AM: Green spreads across the market
Buyers regained a dominant position, helping the main indices maintain their green color. As of 10:40 AM, the VN-Index rose by 17 points, trading around 1,194 points. The HNX-Index increased by nearly 2.24 points, trading around 224 points.
Most stocks in the VN30 basket were covered in positive green and rose sharply. Notably, FPT, MWG, HPG, and MSN had positive contributions to the VN30 index, at 5.86 points, 1.49 points, 1.4 points, and 1.12 points, respectively. Only PLX shares remained flat.
Source: VietstockFinance
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Leading this upward trend were the real estate and banking industry groups, with an absolute majority of stocks leaning towards gains. Specifically, green was present in stocks such as VHM, VIC, BCM, and VRE, with increases ranging from 1.12% to 2.18%. In addition, VCB, VIC, CTG, and TCB also had positive increases ranging from 0.61% to 2.06%.
Following closely behind, the securities industry group also had impressive gains, with SSI rising by 2.46%, VND increasing by 3.3%, VCI gaining 3.73%, and HCM increasing by 3.42%.