At the opening session, the VN-Index fell nearly 10 points. However, in the afternoon session, the Vietnamese stock market unexpectedly returned to green despite Asian indices still being "immersed" in red.
Vietnam's stock market unexpectedly goes against the adjustment trend of a series of Asian and American markets - Photo: QUANG DINH
VN-Index opened on March 11 with a sharp drop due to the influence of the world market.
In the afternoon session, green gradually spread across the board. Most leading sectors such as banking, real estate, securities, steel, etc. all increased again.
The bright spot is the price increase in a series of securities stocks such as VND (+1.77%), HCM (+0.8%), SHS (+0.7%), CTS (+1.3%)...
At the end of the session, 356 stocks increased in price, creating a more balanced situation compared to the total number of 386 stocks that decreased in price. This balance helped the VN-Index turn the situation around, increasing by more than 2 points again.
Foreign investors also narrowed their net selling momentum, to only VND240 billion. Liquidity continued to be abundant at over VND23,000 billion.
On the same day, the Securities Commission announced a series of solutions to move towards the goal of upgrading the stock market this year. Among them, it revealed the time to "run" the new KRX technology system after a decade of stagnation.
Investors have been spreading word of mouth about the upcoming launch of KRX recently, however, the fact that the regulatory agency has officially announced more clearly the "go live" time still makes investors more excited after many disappointments.
In addition, the securities market regulator also confirmed that it will implement the central clearing counterparty (CCP) model in 2026. This is also information of interest, because in the period when the financial market develops to a high level, transactions take place with greater frequency, requiring a CCP.
The "end" of the March 11 session of the Vietnamese stock market was contrary to most Asian markets. In which, the stock indexes of Japan, Korea, Malaysia, New Zealand... all made strong adjustments.
Previously, at the end of the trading session on March 10, key US stock indexes plummeted, causing the Asian financial market to fluctuate.
Vietnam stocks rise against US market trend
Many securities companies have assessed that over the past 10 years, the VN-Index has often followed the trend of the S&P 500 very closely, meaning that its movements have been very in sync. But recently, "reverse phase" signals have begun.
Mr. Truong Dac Nguyen - Head of Investment Strategy Analysis at Tien Phong Securities (TPS), said that the global stock market has a clear differentiation, with the US under pressure to decrease due to the new tariff policy, while Europe has recovered strongly.
"The VN-Index is one of the most positive markets, growing 3.73% thanks to expectations of upgrading and policies to promote domestic growth," said Mr. Nguyen.
Source: https://tuoitre.vn/chung-khoan-viet-bat-ngo-tang-tro-lai-nguoc-pha-voi-quoc-te-2025031115415165.htm
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