Selling pressure prevailed, pushing the VN-Index below 1,675 points.

The trading session on December 17th was lackluster as selling pressure increased across the board, causing the VN-Index to fall by more than 5 points. Although buying emerged in the afternoon session, the main indices still closed in the red, with liquidity declining compared to the previous session.

Customers conducting transactions at the headquarters of Bao Viet Securities Company in Hanoi . Photo courtesy of Tran Viet/TTXVN.

At the close of trading on December 17th, the VN-Index fell 5.52 points to 1,673.66 points. Total trading volume reached over 612.2 million shares, equivalent to a value of over 19,532 billion VND. Selling pressure dominated, with 206 stocks declining, 114 rising, and 54 remaining unchanged.

On the HNX exchange, the HNX-Index fell 1.96 points to 234.12 points, with a trading volume of over 43.7 million shares, equivalent to a value of over 920.2 billion VND. Meanwhile, the UPCOM-Index moved in the opposite direction, rising 0.46 points to 118.76 points, with liquidity reaching over 36.4 million shares, equivalent to 756.6 billion VND.

The session's developments showed that the VN-Index opened the afternoon session in a state of fluctuation. Although buying pressure emerged, helping the index recover near the reference level at times, selling pressure remained dominant, preventing the market from reversing. The VN30 basket recorded 21 declining stocks, 6 rising stocks, and 3 unchanged stocks.

In terms of impact, VJC, GAS, CTG, and TCB stocks had the most negative influence. Conversely, VPL, GEE, BID, and VCK were the stocks that supported the market.

The HNX-Index also performed poorly, facing downward pressure from stocks like CEO, MBS, HUT, and SHS. By sector, the utilities sector saw the sharpest decline, primarily driven by GAS, REE, HDG, and POW. The essential consumer goods and materials sectors also experienced significant selling pressure, with many stocks such as VNM, SAB, HAG, DGC, and HPG falling. Conversely, the media services sector recorded the strongest gains, led by YEG, VGI, CTR, and FOX.

Regarding foreign investor transactions, foreign investors continued to net buy over 5.8 billion VND on the HOSE exchange, focusing on HDB,FPT , GEX, and TCX stocks. On the HNX exchange, foreign investors net sold over 1.4 billion VND, mainly in MBS, CEO, SHS, and PVI stocks.

The VN-Index closing in the red indicates that cautious sentiment continues to dominate the market, especially with selling pressure concentrated on large-cap stocks. Although foreign investors maintained slight net buying, overall capital flows showed signs of slowing down. In the short term, the market is likely to continue fluctuating sideways, with clear divergence between sectors and individual stocks.

Source: https://baotintuc.vn/thi-truong-tien-te/ap-luc-ban-chiem-uu-the-vnindex-lui-ve-duoi-1675-diem-20251217160944947.htm