The VN-Index has recorded its strongest rise in a month, gaining 24 points and surpassing the psychological threshold of 1,700 points. This increase was primarily fueled by the performance of Vingroup stocks, which attracted significant investment. Despite lingering doubts about the market's ability to maintain this upward trend following yesterday's recovery, several analysis groups have advised investors to cautiously explore buying opportunities, particularly in deeply discounted stocks.

This positive sentiment was evident in today's trading session, where buyers consistently outnumbered sellers. The index representing the Ho Chi Minh City Stock Exchange traded above reference levels for most of the day, closing near 1,705 points. With a 24-point increase, this marks the strongest recovery in the past month. The VN30 index also gained 25 points, approaching 1,850 points.

According to analysts from Yuanta Securities Vietnam, there is a high probability of a short-term bottom forming. The VN-Index is projected to continue its recovery towards 1,710 points, or potentially even 1,730 points. "The market is opening up short-term trading opportunities in various stocks following a significant discount phase," the analysts noted.

The Vingroup group contributed the most to this recovery, accounting for nearly 18 points. Key stocks VIC and VHM increased by 2.6% and 6.1%, respectively, while VRE reversed its downward trend to hit the ceiling price. In terms of sectors, the oil and gas group was the only one to record a consistent increase, with all its component stocks closing above reference levels, fluctuating between 0.3% and 2.6% as global crude oil prices improved.

In the banking sector, several major stocks such as VCB, BID, CTG, and HDB saw increases, though none exceeded 2%. Conversely, smaller-cap stocks primarily experienced declines. The securities sector also showed significant divergence, with VCI, VCK, TCX, and SSI aligning with the market's recovery, while VPX, VIX, and HCM closed below reference levels.

Today, liquidity on the Ho Chi Minh City Stock Exchange dropped sharply, with total trading volume falling below 14.5 trillion VND. Capital flows were concentrated in a few leading stocks like VIC, VHM, HPG, SHB, and SSI, with the trading value of the VN30 basket accounting for 65% of the entire market. Foreign investors continued to offload shares for the sixth consecutive session, although the pressure to withdraw capital has significantly decreased compared to earlier in the week.