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Technical Analysis for May 14: The Emergence of Diversification

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The VN-Index and HNX-Index exhibited a contrasting performance, with one index rising while the other fell. This movement comes amidst a backdrop of the MACD indicator maintaining its previous buy signal, suggesting an improvement in the short-term outlook.

“VPL Stock Surges on HoSE Debut, Ranks 11th in Market Capitalization”

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The debut of Vinpearl Joint Stock Company's (HOSE: VPL) shares on the HOSE was nothing short of spectacular, as it soared to the ceiling price of VND 85,500 per share, marking a nearly 20% increase from the reference price. With this impressive performance, VPL's market capitalization ranked 11th across all three exchanges (HOSE, HNX, and UPCoM) by the end of the morning session on May 13, surpassing VND 153.3 trillion.

Market Beat: Foreigners Ramp Up Buying, VN-Index Surges Past 1,300 Points

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The trading session concluded with impressive gains, as the VN-Index surged by 16.3 points (+1.26%), closing at 1,309.73. Simultaneously, the HNX-Index displayed a notable increase of 0.95 points (+0.44%), finishing the day at 218.88. The market breadth tilted strongly in favor of advancers, with 426 tickers in the green and only 322 in the red. Within the VN30 basket, bullish momentum prevailed, evidenced by 22 gainers, 7 losers, and 1 unchanged stock.