Bank stocks surge, Vn-Index rises.

Opening the market this morning, the VN-Index retreated close to the reference level; however, with the support of Vingroup group stocks, the market regained upward momentum.

After more than an hour of trading, the VN-Index accelerated, at one point rising by over 30 points as strong buying pressure fueled a surge in the banking sector. The entire sector was in positive territory, with major stocks like VCB and BID even hitting their ceiling prices, with VCB having nearly 1 million units of buy orders at the ceiling price.

The top 5 most actively traded stocks on the market include three bank stocks: VCB, BID, and CTG, with over 10-20 million units traded each.

At the close of the morning trading session on April 23, the banking sector saw gains, with VCB (+6.06%), BID (+3.85%), CTG (+2.72%), MBB (+0.95%), and TCB (+1.36%).

The financial services group showed divergence with SSI (+0.18%), HCM (-1.1%), VCI (+0.75%), MBS (+0.51%), and EVF (-0.37%). The chemical group saw DCM (-0.11%), DPM (-1.26%), GVR (+0.61%), VTZ (+0.5%), and DGC (-2.01%).

In the real estate sector, VIC (+2.99%), NVL (+3.47%), VHM (-0.73%), VRE (+0.17%), and HDC (+2%) were among the top performers. In the oil and gas sector, PLX (+1.03%), OIL (-0.56%), BSR, PVS, PVD, and PVC retreated close to their reference prices.

The VN-Index rose 17.33 points to 1,874.63 points (+0.93%) compared to the previous session, while the HNX-Index fell 254.47 points (-0.35%), equivalent to 0.89 points, and the UPCoM-Index fell 128.5 points (-0.28%), equivalent to 0.36 points.

Market liquidity this morning reached VND 12,464.126 billion, with 410,000 shares traded. Across the sector, 135 stocks rose, including 6 that hit the ceiling price, 147 stocks fell, and 67 stocks declined to the reference price.

Market analysis by experts at Kien Thiet Vietnam Securities Company indicates that yesterday, large-cap stocks in the Vingroup group surged again, driving the VN-Index up significantly. However, liquidity decreased considerably, with trading volume lower (-26.4%) than the 20-day average.

The market's upward momentum is heavily influenced by the gains in VinGroup's stocks, so the overall market's upward trend is likely to continue.

Therefore, investors should maintain their current portfolio holding position and limit further purchases. Patiently waiting for another breakout session with the spread of capital to many new sectors is an optimistic sign for new buying positions.

According to experts at Vietcombank Securities Company, the VN-Index reversed direction with a large fluctuation range during the session, mainly thanks to the upward pull from Vingroup's group of stocks.

However, liquidity remained largely unchanged compared to the previous session, and the fact that declining stocks outnumbered rising stocks indicates strong divergence in the market.

Given the current market conditions, investors can take advantage of intraday corrections or fluctuations to make exploratory investments. Prioritize stock groups that have formed accumulation bases at deeply discounted prices, or groups that have recently broken out of their base prices, such as retail, construction, and banking.