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Stock market recovery continues, VN-Index surpasses 1,250 points once more

Stock market closing: VN-Index reached 1,250.37 points, marking a 0.68% increase of 8.42 points.

Stock Market Closing: VN-Index Reaches 1,250.37 Points, Marking a 0.68% Increase of 8.42 Points
Stock Market Closing: VN-Index Reaches 1,250.37 Points, Marking a 0.68% Increase of 8.42 Points

Stock market recovery continues, VN-Index surpasses 1,250 points once more

Vietnam's Stock Market Recovery on May 13:

Wednesday, May 13, 2020, marked a recovery for Vietnam's stock market, with the VN-Index reaching the 1,250-point mark. This rebound was influenced by several factors:

  1. Vingroup Ecosystem Hype: The primary driver was the announcement that Vinpearl, part of the Vingroup ecosystem, would list on the stock exchange on May 13. This news led to a rise in shares of Vingroup Joint Stock Company (VIC) by 4.11%, contributing significantly to the VN-Index, and a 1.81% increase in Vinhomes JSC (VHM)[1].
  2. Key Sector Performances: Other notable gainers included Bình Sơn Refining and Petrochemical Company Limited (BSR), which achieved its daily price limit increase of 6.97%, and Vietnam Airlines JSC (HVN) and Vietnam Rubber Group (GVR), both of which experienced gains of 4.17% and 2.26% respectively[1].
  3. Stable Liquidity and Market Sentiment: Analysts observed that the market exhibited a stabilized liquidity level compared to the previous session, signifying a balanced supply pressure in the face of rising prices[1]. However, a cautionary note was issued with the formation of a technical "Shooting Star" candlestick pattern suggesting potential short-term resistance or selling pressure[1].
  4. Improving Global Trade Relations: While trade tensions globally, such as the easing of U.S.-China tariffs in May 2025, did not directly relate to May 13, it fostered a supportive environment for Asian markets, including Vietnam, contributing to market confidence[4].
  5. Robust Economic Conditions: Vietnam's economy showed a strong rebound during early 2025, achieving a GDP growth rate of 6.93% year-on-year in Q1. This growth was driven by recovering domestic consumption and declining inflation pressures, bolstering investor confidence in the market’s medium-term outlook[5].

In essence, the rebound of the VN-Index on May 13, 2020, was primarily fueled by positive corporate actions, strong sector performances, stable liquidity, improving market sentiment, and favorable economic conditions shaped by easing global trade tensions[1][4][5]. Happy investing, mate!

A view of the Dung Quất Oil Refinery operated by Bình Sơn Refining and Petrochemical Joint Stock Company in Quảng Ngãi Province. The group's BSR shares hit the daily limit up on Wednesday, helping the VN-Index reclaim the 1,250-point mark. - VNA/VNS Photo

  1. The rise in stocks of Binh Son Refining and Petrochemical Joint Stock Company (BSR) on May 13, 2020, contributed to the VN-Index recovery, as the company's shares reached their daily limit up, aided by positive corporate actions and improving global trade relations.
  2. The development and implementation of AI in finance could greatly benefit investors, as it can help predict trends and make strategic decisions in the financial market, such as stock trading, further influencing market recovery scenarios like the one observed on May 13, 2020.
  3. The rebound of Vietnam's stock market on May 13 not only bolstered investor confidence but also signaled an opportune moment for businesses and startups involved in AI to consider entering the stock market, particularly in light of the positive corporate actions and market sentiments witnessed during that period.

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