Vingroup Corporation's shares are on an upswing as they have maintained a streak of 8 consecutive sessions without falling. VIC today increased by another 2.9% to VND59,700 and became the main driving force helping the market maintain green throughout the session.
At the end of the session, Vingroup's capitalization reached VND228,272 billion, surpassing VietinBank to rank third on the market capitalization chart. Vietcombank still ranked first with a capitalization of nearly VND539,000 billion, followed by BIDV with more than VND273,000 billion.
VIC and VHM shares once shared the second and third positions on the capitalization rankings, just behind Vietcombank. However, after a strong correction at the end of 2023, both were out of the top 10 largest enterprises on the stock exchange. In early March 2025, VIC returned to this list and quickly rose in rank thanks to its rapid growth.
In addition to VIC, two stocks related to Vingroup Corporation also had an excited trading status today. Specifically, VRE accumulated 4.4% to 20,000 VND, leading the increase in the large-cap basket, while VHM increased 3.3% to 53,000 VND.
Positive signals from Vingroup stocks spread to the entire market, helping the VN-Index stay green throughout the session before closing at 1,317 points, up more than 10 points from the reference. The index representing the large-cap basket was even more excited, increasing by 13 points.
Green covered the Ho Chi Minh City Stock Exchange with 308 stocks, while the decliners were only about 130 stocks. The breadth of the VN30 basket was completely skewed towards the buying side with 22 stocks increasing, while only 5 stocks decreased. Domestic investors today began to disburse into many stocks with a discount of 5-10% after a series of consecutive declines. However, the majority were still cautious, so the order matching transactions were exploratory in nature. This caused market liquidity to decrease by more than VND6,000 billion compared to the first session of the week, reaching only VND15,000 billion.
Cash flow is concentrated locally in the VN30 basket as most of the stocks leading in liquidity belong to this group. Specifically, FPT recorded a matched order value of nearly VND940 billion, followed by GEX with more than VND800 billion, VHM with VND624 billion and SSI with more than VND478 billion.
Banking stocks today increased unanimously with a common amplitude of 1-1.5%. In particular, STB of Saigon Thuong Tin Commercial Bank (Sacombank) increased by 3.7% to 39,700 VND, leading the increase amplitude in this group.
The real estate group increased sharply, except for HQC, which reversed the trend and lost nearly 1%, but because it is a small-cap stock, it had almost no impact on the VN-Index. Similarly, securities stocks also increased. VIX accumulated 2% today, while pillar stocks such as VCI, HCM, VNS increased about 0.7-1% compared to the reference.
While domestic investors have started to disburse again, foreign investors have continued their net selling streak for 11 consecutive sessions. This group today disbursed VND1,877 billion and sold VND2,317 billion, equivalent to a net selling value of VND440 billion. The focus of foreign investors' selling was on SSI with more than 6 million shares sold, followed by TPB, VPB and FPT.
Duong Chung (According to vnexpress.net)
Source: http://baovinhphuc.com.vn/Multimedia/Images/Id/126037/Vingroup-stocks-entered-top-3-stock-stock-capital
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