Vingroup’s Stock Soars
The trading session on September 9th concluded with a broad-based market rally, as the VN-Index rose by 12.79 points, or 0.79%, ending the day at 1,637.32. This marked a notable rebound after a brief period of correction, with Vingroup’s stocks playing a pivotal role in leading the market’s recovery.
Vingroup’s Stock Price Surges
From the outset of the morning session, strong buying interest focused on the trio of VIC, VHM, and VRE, propelling the index upward. By early afternoon, VIC had climbed 2.4% to 128,000 VND per unit, VHM rose 0.8% to 100,800 VND per unit, and VRE inched up 0.3% to 33,000 VND per unit.
As the session drew to a close, the upward momentum of these stocks continued to build. VIC posted an impressive gain of 3.4%, closing at 129,200 VND per share, with a trading volume of nearly 2.66 million units. This significant increase in the sector leader’s stock price played a crucial role in sustaining the VN-Index’s upward trajectory.
VHM also broke through, rising 1.4% to 101,400 VND per share, with a trading volume of over 2.85 million units, further solidifying its position among large-cap real estate stocks. Despite short-term profit-taking pressures, VRE managed to hold steady around 30,300 VND per share, with a trading volume of nearly 3 million shares, indicating the presence of bottom-fishing buyers.
This positive performance was driven not only by expectations of improved business prospects but also by strong supportive information from the parent group itself.
Vingroup’s stocks led the market’s recovery on September 9th. Screenshot.
In a recent announcement, Vingroup revealed that it has initiated civil lawsuits against 68 organizations and individuals, both domestic and foreign, for spreading false and defamatory information about the group, its chairman, Mr. Pham Nhat Vuong, and other leaders on social media platforms. This decisive action is expected to safeguard the group’s reputation and reassure investors amid a torrent of misleading information.
Beyond legal factors, VIC and its affiliated stocks also benefited from positive news regarding the group chairman’s personal wealth. According to Forbes, Mr. Pham Nhat Vuong’s net worth stands at $12.9 billion, an increase of $152 million in a single day, retaining his position as Vietnam’s richest person and ranking 219th on the list of global billionaires.
So far this year, his wealth has grown significantly, propelled by the upward trajectory of Vingroup’s stocks. VIC and VHM are now approaching their highest levels in the past three years, while VPL, the recently listed Vinpearl, has also had a positive impact on overall market sentiment.
Multiple Stocks Shine
It wasn’t just the Vingroup stocks that attracted attention; today’s trading session also witnessed a rotation of funds into various other sectors. SSI, VIX, VPB, and MWG recorded solid gains, providing additional support to the VN-Index. On the flip side, a few banking stocks like VCB and LPB, along with GAS from the oil and gas sector, witnessed minor declines, but these were not significant enough to dampen the overall positive sentiment. Market liquidity remained robust, with trading volume surpassing 31,600 billion VND, reflecting a resurgence of investor confidence.
The stellar performance of Vingroup’s stocks has not only bolstered the VN-Index’s upward momentum but also served as a crucial anchor for the market’s recovery. With supportive information on both the corporate and leadership fronts, these stocks are likely to remain in the spotlight in the upcoming sessions, particularly as the VN-Index aims to challenge higher resistance levels in the short term.
The Rise of Vingroup’s Stock: Legal Action Against 68 Entities and Individuals
The stock market witnessed a notable rebound after a brief corrective phase, with Vingroup’s stocks playing a pivotal role in this recovery.
Market Pulse September 9: Late Session Surge Fueled by Real Estate and Financial Stocks
The stock market witnessed a volatile session today, but a strong rally in the final 5 minutes of trading firmly established the day’s gains. At the closing bell, the VN-Index surged by nearly 13 points, finishing at 1,637.32, while the HNX-Index climbed over 3 points to reach 274.80.
Market Pulse, September 12: VN-Index Surges Nearly 10 Points Despite Foreign Outflows
The trading session concluded with significant gains, as the VN-Index rose by 9.51 points (+0.57%), closing at 1,667.26. Meanwhile, the HNX-Index also witnessed a notable increase of 2.33 points (+0.85%), ending the day at 276.51. The market breadth was strongly positive, with 581 advancing stocks against 216 declining ones. Similarly, the VN30 basket saw a slight edge for gainers, as 16 stocks climbed, 12 stocks dipped, and 2 stocks remained unchanged.
Cautious Optimism: Vietstock Daily’s Take on the Market Recovery
The VN-Index surged towards the end of the trading session, forming a prominent Hammer candlestick pattern. This indicates that the index remains firmly above the short-term trendline, which corresponds to the 1,615-1,625 range. However, a sharp decline in trading volume below the 20-session average suggests that investors are exercising caution. Meanwhile, the Stochastic Oscillator continues its downward trajectory after issuing a sell signal, departing from the overbought territory.
Stock Market Week Sept 08-12, 2025: The Roaring Comeback
The VN-Index extended its gains in the final session of the week, recovering all losses incurred during the week’s initial downturn with four consecutive rebound sessions. While the index staged a strong comeback, trading volume remained below the 20-day average, and persistent net selling pressure from foreign investors remains a concern in the near term.
