Vietnam Stock Market Surges After Lunar New Year: VN-Index Surpasses 1,860 Points

Significant Increase in Indices The Vietnam stock market made a strong start on February 23, the first trading day after the Lunar New Year holiday, as investors engaged in heavy buying.
Demand remained high throughout the session, leading to significant gains across major indices.
By the end of the day, the VN-Index rose by 36.05 points (1.98%) to reach 1,860.14 points.
The VN30 Index also saw an increase of 21.16 points (1.05%), closing at 2,039.8 points.
Market breadth was positive, with 280 stocks advancing and 73 declining.
Within the VN30 basket, 26 stocks rose while only 3 recorded losses.
Sectoral Performance and Key Stocks Energy stocks were among the primary drivers of the market's upward movement, influenced by rising global oil prices.
Shares of GAS, PLX, and BSR reached their highest levels, with GAS being the most influential stock, contributing 3.81 points to the VN-Index.
VinGroup subsidiaries VIC and VHM also supported the market with contributions of 3.76 and 1.48 points, respectively.
Conversely, stocks such as FPT, VPL, and MWG caused limited declines in the index.
Liquidity and Foreign Investor Activity Total market liquidity reached 23,500 billion VND.
Despite the strong market rally, foreign investors ended the day as net sellers.
This group purchased approximately 2,939 billion VND worth of shares while selling 4,047 billion VND.
The HNX-Index rose by 1.86% to 261.83 points, while the HNX30 Index climbed 2.46% to 577.22 points.
The total trading volume on the HNX was recorded at 1,400 billion VND.
These strong post-holiday gains have created optimistic expectations for the market in the new year.