Vingroup shares and the impact of suing 68 organizations and individuals on the market

(NLDO) - The stock market experienced a remarkable recovery session after the previous short correction, in which Vingroup stocks played a key role.

The trading session on September 9 ended with green spreading across the entire market, VN-Index increased by 12.79 points, equivalent to 0.79%, closing at 1,637.32 points. This was a remarkable recovery session after the previous short correction, in which the group of stocks of the Vingroup family continued to play a key role, leading investor sentiment.

Vingroup stock price skyrockets

Right from the beginning of the morning session, cash flow focused strongly on the trio VIC, VHM and VRE, helping the index maintain its upward momentum. By early afternoon, VIC increased by 2.4% to VND128,000/unit, VHM increased by 0.8% to VND100,800/unit, and VRE also increased by 0.3% to VND33,000/unit.

By the end of the session, the increase in stocks continued to expand, VIC increased sharply by 4.2% to 129,200 VND/share, with liquidity reaching nearly 2.66 million units. This was an impressive increase of the leading stock, contributing significantly to helping VN-Index maintain its upward momentum.

VHM also jumped 1.4% to VND101,400/share, with more than 2.85 million units matched, continuing to consolidate its position in the large-cap real estate group. VRE, despite short-term profit-taking pressure, still held steady at VND30,300/share, recording a slight increase of 0.5%, with nearly 3 million shares matched, showing that bottom-fishing demand is still present.

This improvement comes not only from expectations for business prospects but also from strong support information from the parent corporation.

Vingroup stocks played a leading role in the market recovery on September 9. Screenshot.

According to the latest announcement, Vingroup has filed a civil lawsuit against 68 domestic and foreign organizations and individuals for spreading false and distorted information about the corporation as well as Mr. Pham Nhat Vuong, Chairman of the Board of Directors of the corporation, and several other leaders on social networking platforms. This drastic move is expected to help protect the company's reputation and reassure investors in the context of many confusing information streams.

In addition to legal factors, VIC shares and other stocks of the same family also received a boost from positive information related to the assets of Vingroup Chairman. According to Forbes, Mr. Pham Nhat Vuong's assets reached 12.9 billion USD, an increase of 152 million USD in just one day, continuing to hold the position of the richest person in Vietnam and ranked 219th in the list of world billionaires.

Since the beginning of the year, his assets have also increased sharply thanks to the increase in Vingroup shares. VIC and VHM are now approaching their highest prices in the past three years, while VPL - Vinpearl shares listed since May - also created a positive effect on the general sentiment.

Many stocks are up

Not only Vingroup, today's cash flow also rotated to many other industry groups. SSI, VIX, VPB, MWG recorded good increases, further supporting the VN-Index. On the contrary, some banking stocks such as VCB, LPB or GAS in the oil and gas group decreased slightly, but not enough to overshadow the positive trend. Market liquidity remained high at more than VND 31,600 billion, showing that investor confidence is gradually returning.

It can be seen that the brilliance of Vingroup stocks has added momentum for VN-Index to maintain its green color, and at the same time become an important support in the market's recovery. With supporting information from both the business and individual leadership factors, this group of stocks will likely continue to be the center of attention in the coming sessions, especially when VN-Index is aiming to challenge higher resistance zones in the short term.

Source: https://nld.com.vn/nhom-co-phieu-vingroup-tang-vot-sau-thong-tin-khoi-kien-68-to-chuc-va-ca-nhan-196250909154425555.htm