The VN-Index has shown impressive growth, increasing for three consecutive trading sessions and reaching nearly 1,880 points, just under 3% away from its historic high of 1,927 points. Despite predictions from various analysts that the market's excitement might soon cool, the actual trading session defied expectations as the VN-Index maintained a positive trajectory for most of the day.

During the trading session, the index briefly approached 1,900 points before closing at 1,878 points, reflecting a gain of 9 points. The large-cap index also performed strongly, gaining 15 points and surpassing the psychological barrier of 2,000 points. However, the Ho Chi Minh City Stock Exchange faced a situation described as 'green on the outside, red on the inside,' with 174 stocks declining compared to 110 that rose.

Key contributors to the VN-Index's rise included stocks from Vingroup and LPBank, which collectively added over 7 points to the index. Excluding these stocks, the index would have remained nearly flat. Notably, VIC reversed its earlier decline, rising by 0.7% to 230,500 VND, while VHM and VRE experienced gains of 2.3% and 1.7%, respectively.

In the banking sector, LPB stood out, briefly hitting its ceiling price before closing at 55,500 VND, reflecting a 5.5% increase. Other banks such as KLB, TCB, OCB, and ACB also saw gains ranging from 0.8% to 2%. Conversely, several banking stocks faced significant selling pressure, including BID, TPB, STB, and VCB, which saw declines between 0.5% and 2%.

The securities sector exhibited mixed performance following news that MSCI had not included Vietnam on its watch list for potential upgrades. Stocks like ORS, TCX, VDS, and BSI saw gains, while leading firms such as SSI, HCM, VIX, VND, and VCI faced declines.

In the real estate sector, LDG led the gains with a 6.1% increase, reaching its ceiling price after announcing the nomination of former chairman Nguyễn Khánh Hưng for re-election to the board. Conversely, stocks of developers like Nam Long, Hà Đô, Khải Hoàn, and Phát Đạt faced strong selling pressure, closing below their reference prices.

Overall, liquidity on the Ho Chi Minh City Stock Exchange dropped significantly to 18.2 trillion VND, down about 40% from the previous session. Capital flows were concentrated in VIC, VHM, LPB, and TCB. After a session of accumulation, foreign investors returned to net sell over 600 billion VND.

Looking ahead, analysts from ACB Securities Company forecast that as the index approaches the resistance zone of 1,880-1,890 points, profit-taking pressures may increase, leading to more pronounced market fluctuations.