VN-Index surpasses 1,300 points after more than 2 years

At the end of today's trading session (June 12), the VN-Index increased by 15.78 points, equivalent to an increase of 1.23% to 1,300.19 points. Thus, after more than 2 years, the VN-Index officially returned to the 1,300 points that investors had been waiting for. Similarly, on the Hanoi Stock Exchange, the HNX-Index increased by 1.9 points, equivalent to 0.77% to 248.31 points and the UPCoM-Index increased by 0.18 points to 99.14 points.

VN-Index surpasses 1,300 points after more than 2 years

In contrast to the previous trading sessions when investors witnessed excitement from the beginning of the session but then the stocks weakened and lost most of their gains towards the end of the session, despite the efforts of large-cap stocks. This session, the driving force came from large-cap stocks when the VN30-Index increased by 23.51. Blue-chips led the increase in the session. In particular, all banking stocks increased in price. In addition to VCB and VPB, this session also had FPT and HPG contributing a lot to the increase of the VN-Index. The technology and information industry was the group with the strongest increase with 3.72%, mainly from FPT increasing by 4.35%, FRT increasing by 2.03%, CTR increasing by 0.53% and CMG increasing by 1.46%...

This pushed the stock index past the expected threshold after nearly 4 weeks of tug-of-war, making many investors excited. The capitalization of the HOSE floor also increased by more than 64,000 billion VND, reaching 5.3 million billion VND.

Market liquidity decreased slightly compared to the previous trading session with a value of more than VND26,560 billion. Foreign investors continued to net sell nearly VND630 billion on the HOSE but net bought more than VND104 billion on the HNX. Overall, since the beginning of the week, the net selling value of foreign investors has decreased compared to the first 5 months of the year.

According to many securities companies, the stock market trend from now until the end of the year is still positive when interest rates remain low, exchange rates are stable, gold prices have also reversed while stock markets in many places have increased continuously, creating positive sentiment for investors.

Source: https://thanhnien.vn/vn-index-vuot-nguong-1300-diem-sau-hon-2-nam-185240612145056249.htm