The session opened on a positive note with mild gains, and although early selling pressure brought the benchmark close to the reference level by late morning, buying demand—especially in real estate stocks—strengthened in the afternoon, pushing the market higher towards...
At the close, the VN-Index rose by 12.35 points, or 1.02 per cent, to 1,223.35 points. Market breadth remained positive, with 200 gainers outpacing 102 decliners.
Although Vingroup (VIC) shares unexpectedly tumbled in the final minutes, Việt Nam’s stock market still ended in positive territory, supported by robust gains in banking stocks.
Analysts note that in the short term, Việt Nam''s stock market is struggling to break through due to a lack of consensus around the psychological resistance level of 1,300 for the VN-Index.
On the Hồ Chí Minh Stock Exchange (HoSE), the benchmark VN-Index rose by 2.03 points, or 0.16 per cent, to close at 1,288.39 points, recording its fourth consecutive gain.
The VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) closed the day at 1,269.93 points, down 0.67 points, or 0.05 per cent, extending its losing streak to a fourth consecutive day.
A significant downturn in the afternoon caused both major stock indices to on Thursday, with blue-chip stocks experiencing substantial declines and recovery efforts falling short.
In a positive scenario, experts believe that the VN-Index will experience fluctuations while continuing to test the 1,300-point range next week, supported by the movement of large-cap stocks.