HCMC – Vietnam’s benchmark index continued rallying today, April 11, closing above the 1,220-point mark, as investor demand for bluechip stocks surged.
At the close, the VN-Index added 54.12 points, or 4.63%, to 1,222.46 points, with 332 winners and 178 losers.
Market liquidity soared with more than 1.73 billion shares worth nearly VND38.2 trillion traded, up nearly fivefold in volume and more than sixfold in value compared to the previous session. Block deals accounted for around 37 million shares valued at VND834.5 billion.
The VN30-Index, which tracks the 30 largest-cap stocks, picked up by 60.65 points to 1,309.94 points as 28 bluechips rose. Only two stocks, SSB and BCM, edged down by 3.1% and 1.6%, respectively.
Securities stocks led industry gains, with VIX and VND hitting their daily upper limits and trading volumes reaching 72 million and over 30 million shares, respectively. Other brokers such as SSI, VCI and HCM advanced by around 6%, while FTS rose by 4.8% and BSI added 3.5%.
Bank stocks continued to play a pivotal role in the rally. VCB jumped by 6.6%, skirting the ceiling, while BID and TCB climbed by over 5%. CTG, HDB and ACB each rose by more than 6%. SHB and MBB took the lead by liquidity with 103.4 million and 79 million shares transacted, respectively. VPB recorded over 60 million shares in matched orders, while TCB and STB both exceeded 45 million shares.
On the Hanoi Stock Exchange, the HNX-Index increased by 5.03 points, or 2.41%, to 213.34 points, with 123 advancers and 60 decliners. Trading volume totaled 133.7 million shares with a total value of VND2.1 trillion
