Stocks surged the most in over three months.

The VN-Index closed above 1,267.5 points, up more than 27 points compared to yesterday.

On the morning of December 5th, the stock market opened above the reference price, but the range was not too high as selling pressure remained. Capital flow was cautious, only participating in stocks with unique stories, most notably YEG, the producer of the shows "Beautiful Woman Riding the Wind" and "Brother Overcoming a Thousand Obstacles," which maintained its upward trend after two consecutive days of hitting the ceiling price. Meanwhile, large-cap stocks continued to fluctuate, with many experiencing heavy selling pressure, especially VND.

After the lunch break, the stock market unexpectedly turned green. Liquidity surged, with proactive buy orders dominating across various sectors, most notably financial services, resources, technology, retail, and real estate. At one point, the index rose nearly 30 points above the reference point.

The VN-Index closed above 1,267.5 points, an increase of more than 27 points compared to yesterday. This was the best consolidation session since August 16th. The HNX and UPCoM markets also saw gains.

On the HoSE exchange, 347 stocks increased, 6.3 times more than the number of stocks that decreased. The market recorded 16 stocks hitting the ceiling price, with nearly half of them being stocks with trading volume exceeding 100 billion VND.

The financial services sector was the most positive performer today after a long period of correction and lack of investment inflow. Almost all securities stocks rose sharply. This sector saw a series of stocks hit their upper limit, including SSI, VCI, HCM, VIX, FTS, ORS, CTS, VDS, and BSI.

SSI was the most outstanding and surprising stock for investors. In the morning, the stock was mostly in the red. The decline wasn't deep, but after three consecutive correction sessions, investors rushed to sell, with active sell orders accounting for more than three-quarters of the trading volume at one point. After the lunch break, many were surprised when strong buying pressure surged, pushing SSI's share price up continuously and reaching the ceiling of 25,700 VND. At the close of trading, the stock recorded a surge in liquidity of nearly 890 billion VND and a buy order surplus of over 4 million shares.

Positive capital flows contributed to the buoyant stock market session. The total trading value on the HoSE increased by over 7,100 billion VND, surpassing 21,000 billion VND. This is the highest liquidity in the past two months.

Foreign investors also returned to buying shares after three consecutive selling sessions. They made net purchases of nearly 670 billion VND, 2-3 times higher than the net purchases of the previous week. The focus of this group was on HPG, MSN,FPT , SSI, and others.

Vietcombank Securities (VCBS) believes that the increased liquidity partly reflects an improvement in investor sentiment after the correction sessions. This analysis team recommends that investors consider taking short-term profits on stocks that have reached their targets.

In the upcoming trading sessions, there may be some volatility. VCBS advises taking advantage of this to buy gradually in stocks with significant upside potential, which are showing signs of successfully testing support or resistance levels with the participation of new capital inflows.

TH (according to VnExpress)

Source: https://baohaiduong.vn/chung-khoan-tang-manh-nhat-hon-ba-thang-399694.html