VIC Stock Hits Record High Above 200,000 VND/Share, VN-Index Extends Its Winning Streak

On October 13th, Vingroup’s (VIC) shares took center stage, surging nearly 7% to a record high of VND 205,400 per share. This historic milestone propelled Vingroup’s market capitalization close to VND 800 trillion, solidifying its position as a leading blue-chip stock, outpacing competitors like Vietcombank, Vinhomes, and VietinBank.

Trading volume reached nearly 7.2 million shares, with a transaction value exceeding VND 1.4 trillion. Foreign investors also poured in a net inflow of nearly VND 272 billion, reinforcing VIC’s role as a market pillar during this volatile session.

This surge in VIC shares followed news that Vingroup Chairman Pham Nhat Vuong completed the transfer of over 60 million VIC shares, equivalent to 1.55% of the company’s charter capital, to VinEnergo Energy Joint Stock Company as capital contribution.

According to the Ho Chi Minh City Stock Exchange (HoSE), Mr. Vuong reported this internal share transaction to the State Securities Commission, HoSE, and Vingroup. The shares, valued at over VND 600 billion, were transferred to support investments in the energy sector through VinEnergo.

In today’s trading session, the VN-Index closed up 17.57 points at 1,765.12. The HNX-Index gained 1.73 points to 275.35, while the UPCoM-Index rose 1.09 points to 112.70.

Market activity was vibrant, with total trading value across all three exchanges reaching nearly VND 48.7 trillion. HoSE accounted for VND 44.5 trillion, with over 1.3 billion shares changing hands.

Real estate stocks were in the spotlight, led by VIC’s ceiling-hit performance. Other related stocks, including VHM (+0.98%) and VRE (+6.57%), also performed well. CRV continued its ceiling-hit streak for the second session after its HoSE debut on October 10th.

Several real estate stocks saw significant gains, such as NVL (+2.56%), KBC (+2.8%), PDR (+4.23%), DXG (+3.14%), TCH (+4.66%), DIG (+5.14%), and VPI (+2.94%). CEO and HDC also hit their ceiling prices. Conversely, SIP, SNZ, NTC, and CRE faced capital outflows.

Despite the index’s strong performance, declining stocks outnumbered gainers on the board. In the banking sector, most stocks ended in the red, including VCB, BID, VPB, MBB, ACB, VIB, EIB, TPB, and MSB. Positive performers included CTG (+1.45%), TCB (+4.96%), HDB (+2.51%), LPB (+1.74%), and PGB (+2.34%).

Other notable performers included ceiling-hit stocks in the industrial sector like VJC and CII, as well as green gains in securities stocks such as SHS, VND, HCM, and CTS. On the downside, material stocks like HPG, NKG, and DCM saw prices drop over 2% due to heavy selling.

Foreign investors maintained a net sell position of over VND 1.2 trillion. The most heavily sold stocks by foreign investors were HPG (VND 365.5 billion), followed by VRE, VHM, and MBB (each over VND 300 billion), and MSB and VPB (VND 218.5 billion and VND 217 billion, respectively).

On the buying side, foreign investors poured nearly VND 272 billion into VIC, VND 170 billion into SHB, VND 113 billion into VNM, VND 98 billion into HDB, and over VND 80 billion into MWG and CII. Other stocks with significant foreign buying included TCB, HDG, BSR, and TCH (each over VND 50 billion).