The strong increase of VIC stock helped VN-Index close at the highest price of the day.
The stock market on August 11 started with negative echoes of the previous trading session. After many ups and downs, by the end of the day, VN-Index still regained green thanks to the rise of VIC shares of Vingroup Corporation. The news that VinFast is about to be listed on the US stock exchange was a positive signal attracting massive cash flows into VIC.
VN-Index increased more than 11 points in trading day 11.8
Closing on August 11, VIC increased by 4,700 VND/share to 72,600 VND/share, the highest since June 2022. In just the past 2 weeks, VIC has increased by more than 40%. On the electronic trading board, the remaining VIC sell orders were completely empty, while the remaining buy orders had more than 700,000 ceiling price buy orders. Accordingly, VIC contributed greatly to the "revival" of the stock market on August 11.
Thanks to VIC, at the end of the week, VN-Index increased by 11.6 points (0.95%) to 1,232.21 points. The entire HoSE floor had 232 stocks increasing, 226 stocks decreasing and 67 stocks remaining unchanged. In the VN30 basket, there were 18 stocks increasing, 9 stocks decreasing and 3 stocks remaining unchanged.
On the Hanoi Stock Exchange, the HNX-Index increased by 1.34 points (0.55%) to 245.25 points; the HNX30-Index increased by 3.4 points, equivalent to 0.7% to 491.47 points. The UPCoM-Index increased by 0.18 points (+0.2%) to 93.28 points.
Liquidity today maintained the billion USD level with the total transaction value of the whole market reaching more than 24,000 billion VND.
According to VTC News