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Friday, May 8, 2026

VN-Index hits fresh record high after strong post-holiday rally

The Saigon Times

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HCMC – The benchmark VN-Index climbed to a fresh record high on Friday, with gains of more than 61 points over the week, driven by banking and speculative stocks.

Closing the trading session today, May 8, the VN-Index of the Hochiminh Stock Exchange (HOSE) added 6.63 points, or 0.33% against yesterday, at 1,915.37 points, with 97 winners and 213 losers.

Nearly 944.2 million shares worth VND28.1 trillion were transacted on the southern bourse, slightly down 2% in volume and 6% in value compared to the previous session. Block deal transactions contributed around VND4.1 trillion to the overall value.

The market gained more than 61 points this week, equivalent to a 3.3% increase, matching the post-holiday rally recorded during the same period in 2024 and 2025.

Among blue chips, BID led the gains as it rose 3.8% to VND42,400. Other gainers including TCB, VCB, SHB, CTG, LPB, VIC and VHM posted modest increases of around 1% or less.

Meanwhile, VJC and DGC both fell more than 3% to VND176,200 and VND52,200, respectively. Other large caps including VNM, MSN, FPT, MWG, VRE and GAS edged lower.

Gelex-related stocks continued to attract investors, with GEX surging nearly 7% to VND33,500 on trading volume of more than 30.8 million shares, while GEE gained 4.8% to VND128,000 with 2.4 million shares traded.

Meanwhile, brokerage stock VIX was the market’s most actively traded stock, with more than 79.4 million shares changing hands, rising over 5% to VND18,600.

On the Hanoi Stock Exchange, 45 stocks advanced while 92 declined, sending the HNX-Index down 1.27 points, or 0.51%, to 246.49 points. Matched trading volume exceeded 48.7 million shares worth a total of VND819.4 billion.

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