The market was painted green today, with the VN-Index closing over 10 points higher. Large-cap stocks, banking, and securities shares sent positive signals. TCB, VCB, and VPB were among the market leaders. 26 out of 30 VN30 stocks gained, with SSI taking the lead, surging 3.4% with the highest liquidity on the exchange at over VND1,430 billion.
In the securities group, more than 20 stocks climbed. Notably, VND hit the daily limit of VND17,450 per share, with liquidity soaring to 73 million shares traded, valued at over VND1,255 billion.
Securities stocks rose across the board.
APG also unexpectedly hit the ceiling price of VND12,600 per share, recording massive foreign trading with a block trade of over 37 million shares. The trading value exceeded VND400 billion.
A slew of securities stocks, including VIX, SHS, HCM, VCI, and MBS, advanced. Today, stock forums buzzed with news about shortening the settlement cycle to facilitate the evaluation for a potential upgrade in September.
Steel stocks also basked in the green, with HPG among the market leaders. NKG and HSG also rose. Meanwhile, real estate stocks lost steam after a recent winning streak. NVL, CII, and VRE declined.
Notably, PNJ trimmed losses after yesterday’s plunge following unfavorable news about a gold business inspection. At the close, PNJ slipped a mild 0.5%, with selling pressure easing and liquidity falling nearly 50% from the previous session.
At the close, the VN-Index rose 10.95 points (0.82%) to 1,347. The HNX-Index added 2.77 points (1.22%) to 228.94, and the UPCoM-Index gained 0.96 points (0.98%) to 99.32.
Liquidity surged, with the HoSE matching value exceeding VND25,600 billion. Foreign investors returned as net buyers, picking up over VND913 billion, mainly in APG, VND, and SHB.
Market Pulse June 4th: A Tale of Two Markets
The VN-Index witnessed a tug-of-war around the reference mark in the morning session, closing the mid-session with a slight loss of 0.64 points (-0.05%), settling at 1,346.61. Meanwhile, the HNX-Index continued its impressive winning streak, adding 1.74 points (+0.76%) to reach 230.68. The market breadth tilted slightly towards the advancers, with 353 gainers versus 290 decliners.
The Rainbow After the Storm: Top Brokers and Experts Predict VN-Index Hitting the 1,500 Mark
“Following the ‘tariff shock’, the VN-Index staged a remarkable recovery, prompting optimistic assessments from analysts. “
Technical Analysis for June 4: Prolonged Polarization
The VN-Index and HNX-Index moved in opposite directions during the morning session, with volumes dipping, indicating a cautious sentiment among investors.
The Big Sell-Off: Brokerage Offloads Nearly $600 Million in Stock on June 3rd
The HoSE witnessed a notable development as proprietary securities firms recorded net selling of 429 billion dong. This significant move by these firms has caught the attention of market observers, sparking curiosity about the potential implications on Vietnam’s stock market landscape.
“Small and Mid-Cap Stocks Soar: Real Estate Takes the Lead”
The lackluster performance of blue-chip stocks once again dampens the momentum of VN-Index’s peak. While the breadth of the index remains favorable, the gainers are predominantly mid and small-cap stocks, with a surprising surge in the real estate sector.
