Stocks suddenly reversed, soaring nearly 54 points

The August 26 trading session of the Vietnamese stock market witnessed a spectacular comeback, with the index surging strongly by nearly 54 points at the end of the session, closing at 1,667 points.

The stock market suddenly reversed and skyrocketed - Photo: QUANG DINH

The main driving force of the stock market comes from the unexpected return of cash flow into securities and banking stocks. The activation of cash flow from this group has created a positive spillover effect to the entire market.

Previously, after two sessions of deep decline, the market opened the session on August 26 with a cautious sentiment. However, the decline in active selling momentum helped the VN-Index recover slightly this morning.

However, active demand gradually weakened towards the end of the morning session, causing both buyers and sellers to remain at low levels. The index thus narrowed its increase to just over 6 points compared to the increase of nearly 15 points recorded earlier.

The turning point only really happened in the afternoon session, when a large amount of money suddenly flowed strongly into the banking group. A series of codes increased sharply, even reaching the ceiling price such asSHB (+6.75%), MSB +6.7%), MBB (+5.15%), TPN (+4.48%), ACB (+4.2%)...

Strong cash flow also "flowed" strongly into many securities stocks, causing a series of codes to hit the ceiling or approach this mark, such as VIX, SSI, SHS and VND, reflecting the excitement of investors after a series of gloomy days.

The growth of these two groups quickly spread, attracting cash flow into other key sectors such as real estate. VHM, DIG… all hit the ceiling, while many other codes increased with an amplitude of over 3% such as PDR, CEO, VRE, DXG…

MWG became the bright spot of the retail industry when it hit the ceiling, and HPG also pulled the steel group up 2.7%.

Besides, other industry groups such as energy with BSR , PVD... also recorded impressive growth, contributing to strengthening the recovery momentum.

Total market liquidity reached more than 1.5 billion shares, equivalent to nearly 40,000 billion VND worth of "changed hands" in today's session.

Notably, foreign investors maintained a total net buying momentum of more than 600 billion VND after 12 consecutive days of net selling, focusing on MSB, VIX, MWG, TPB...

At the end of an emotional trading session, VN-Index not only regained the 1,650 point mark, but also dispelled the selling pressure after the previous series of declines.

The entire market had nearly 600 stocks increasing in price with 36 stocks hitting the ceiling. On the contrary, only more than 160 stocks decreased in price today.

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BINH KHANH

Source: https://tuoitre.vn/chung-khoan-bat-ngo-dao-chieu-tang-vot-gan-54-diem-20250826144709304.htm