Vietnam stock market recorded a strong rally as the VN-Index surpassed 1,200 points, the highest level in 6 months. Market liquidity reached over 15,000 billion VND, up 35% from the previous session.
Banking and real estate stocks led the rally, with many stocks hitting the ceiling. Foreign investors continued net buying of over 500 billion VND, focusing on bluechips.
Analysts believe the uptrend will be maintained thanks to strong capital flow and positive Q2 business results from enterprises.