After four consecutive sessions of decline, the stock market opened today's trading session with a relatively cautious investor sentiment. Selling pressure continued to spread across the board, causing the index to continue its correction trend, with the VN-Index quickly breaking through the 1,200-point mark after just a few minutes of trading.

However, surprisingly at this price, demand was activated, helping the indices quickly rebound to regain the reference after about 1 hour of trading. The highlight of the market was the real estate stocks group when demand in this group helped many codes to rise. DXG had a time when it hit the ceiling, many other codes increased strongly such as: NVL, DIG, PDR, TCH... Large stocks such as VHM also increased very positively.

Stock market recovers after 4 consecutive declines

At the end of the morning session, the VN-Index increased by 9.62 points (+0.8%) to 1,214.77 points. The HNX-Index also increased by 1.56 points (+0.71%) to 221.24 points. The UPCoM-Index increased by 0.81 points (+0.89%) to 91.11 points. The total trading value in the morning session on the 3 floors reached nearly 10,000 billion VND, an increase of about 70% compared to yesterday morning.

In the afternoon session, the indices continued to expand their upward momentum. In the real estate group, QCG was a rare stock that went against the market with its second consecutive floor-fall session.

In the VN30 group, only 2 stocks decreased, which were MWG and GAS, 4 stocks remained unchanged, and the remaining 24 stocks increased. However, the increase of large stocks was not too high, in which, VHM and BCM increased the most, only less than 2.7%.

Many large stocks recorded increases of over 6% such as DXG, DXS, TCR, TDW, FIR, HRC...

At the end of the session, VN-Index increased by 11.39 points (0.95%) to 1,216.54 points; HNX-Index increased by 1.6 points (0.73%) to 221.29 points; UPCoM-Index increased by 0.79 points (0.88%) to 91.09 points.

The total matched value of the entire market today increased sharply to more than 20,000 billion VND. The negative point is that foreign investors continued their net selling streak of nearly 1,250 billion VND.