VN-Index hits historic peak, banking and real estate stocks lead the wave

After FTSE Russell announced the upgrading of Vietnam's stock market, the market initially stagnated as investors remained hesitant.

Investors monitor stock market developments. Photo: Hua Chung/VNA

However, VN-Index has increased strongly in two consecutive sessions, reaching a historical peak with a closing level almost the highest of the day, accompanied by liquidity exceeding the average of the last 20 sessions.

The October 9 session witnessed a breakthrough in banking and real estate stocks. In the banking group, MBB increased by 1.86%, CTG increased by 3.97%, VPB increased by 3.22%,SHB increased by 3.47%. The real estate group stood out with the pair VHM increasing by 6.98% and VIC increasing by 0.79%. Other stocks such as TCH, SZC, KSB also contributed to supporting the market.

The VN30 basket – a collection of 30 large stocks – recorded 18 gainers and 11 losers, showing that the support from the large-cap group continued to support the uptrend. In that context, foreign investors returned to net selling nearly 1,800 billion VND. Up to 7 stocks were net sold hundreds of billions of VND today, led by HPG over 216 billion VND, SSI nearly 188 billion VND, VRE over 157 billion VND.

The entire market recorded a trading value of nearly VND36,800 billion; of which, the HOSE floor accounted for more than VND33,900 billion, a slight increase compared to the previous session, continuing the recent improvement trend.

At the end of the session on October 9, VN-Index increased by 18.64 points to 1,716.47; HNX-Index increased by 1.6 points to 274.94 points and UPCOM-Index increased by 0.27 points to 110.7 points. Analysts said that VN-Index can maintain its short-term upward momentum, investors can consider increasing the proportion of stocks in their portfolios.

Source: https://baotintuc.vn/thi-truong-tien-te/vnindex-lap-dinh-lich-su-dong-co-phieu-ngan-hang-va-bat-dong-san-dan-song-20251009164527998.htm