Vietnam stock market booms, VN-Index soars 72 points

The VN-Index jumped 72 points, or 6.6%, to 1,166 points when the market opened. The HNX-Index also rose sharply by 7.11%, adding 13.7 points, to 206.26 points. A series of stocks on the stock exchange hit the ceiling, purple covered the market.

Financial markets across the Asia-Pacific region have rebounded strongly after US President Donald Trump announced a 90-day moratorium on reciprocal tariffs on a range of countries, excluding China. Japan's benchmark Nikkei 225 index jumped 8% in early trading, while South Korea's Kospi index also jumped more than 5%, and Australia's ASX 200 index also recorded a 5% gain.

Stocks hit ceiling in series, turning the electronic stock board purple this morning

Photo: Thanh Xuan

US President Donald Trump's decision to suspend a series of tariffs on countries sent the US stock market soaring. The S&P 500 jumped 9.52% to 5,456.90 points, marking the biggest one-day gain since the 2008 financial crisis and the third-largest gain in post-World War II history. The Dow Jones Industrial Average rose 2,962.86 points, or 7.87%, to close at 40,608.45 points, its biggest percentage gain since the turmoil of March 2020. Meanwhile, the Nasdaq Composite jumped 12.16% to 17,124.97 points, its biggest gain in more than two decades, second only to the record set in January 2001. Market liquidity also reached unprecedented levels with about 30 billion shares changing hands, marking the largest trading day on Wall Street in 18 years.

Donald Trump's surprise decision has created a spectacular rebound for the market, which has been under great pressure all week.

Source: https://thanhnien.vn/chung-khoan-viet-nam-bung-no-vn-index-tang-vot-72-diem-185250410092454717.htm