Economy
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| Vingroup's humanoid robots at the SEMIexpo Vietnam 2025. Shares of the company jumped over 5 per cent on Wednesday, leading the market's uptrend. — VNS Photo Ly Ly Cao |
HÀ NỘI — The stock market gained for the second consecutive session on Wednesday after three significant declines. The VN-Index not only reclaimed the 1,600-point mark but surpassed it with broad market support.
By the end of the trading day, the VN-Index on the Hochiminh Stock Exchange (HoSE) rose 38.25 points, or 2.4 per cent, to 1,631 points. The market's breadth was in the positive territory as 268 stocks advancing, with eight stocks on the HoSE hitting their ceiling prices, while only 58 declined.
Liquidity showed significant improvement, with an increase of 10.3 per cent in trading value to VNĐ22.1 trillion (US$841 million).
The 30 biggest stocks tracker, VN30-Index, also soared 50.67 points, or 2.78 per cent, to 1,872.27 points. Up to 29 ticker symbols in the VN30 basket ticked up, while only one went down.
Key contributors to these gains were Vingroup (VIC) and Vinhomes (VHM), which together added nearly 14 points to the benchmark index. Particularly, VIC climbed 5.07 per cent, while VHM increased 4.44 per cent.
The leading stocks also displayed robust growth, with Techcombank (TCB) rising 4.01 per cent, FPT Corporation (FPT) gaining 4.68 per cent, Vietcombank (VCB) up 1.02 per cent and Vincom Retail (VRE) soaring 5.64 per cent.
Within the banking sector, Eximbank (EIB) and Seabank (SSB) saw increases of 3.35 per cent and 3.31 per cent, respectively, while other notable gains included Sahabank (SHB), which rose 3.16 per cent, and a variety of stocks such as Vietnam International Commercial Joint Stock Bank (VIB), TPBank (TPB) and LPBank (LPB), which increased by more than 2 per cent.
On the Hanoi Stock Exchange (HNX), the HNX-Index also saw positive movement, gaining 3.71 points, or 1.42 per cent, to settle at 264.79 points.
Total trading volume on the northern bourse reached 67.5 million units, valued at over VNĐ1.45 trillion, reflecting increases of 19 per cent in volume and 15 per cent in value compared to the previous session.
Despite the market's gains, foreign investors continued to sell off, with a net selling value of VNĐ386.12 billion on HoSE, though this is significantly lower than in previous sessions. They also net sold over VNĐ77.6 billion on HNX. — BIZHUB/VNS