Leading real estate stocks are not enough to lift the market.

The stock market continued to be in the red on the morning of December 9. Although VIC maintained its strong growth momentum, the VN-Index was no longer lucky enough to maintain the green color as in previous sessions.

Customers transact at the headquarters of Bao Viet Securities Company. Photo: Tran Viet/VNA

At the end of the morning session, on the VN30 basket, there were 28 stocks decreasing in price, with only VIC increasing by 5.3% and SAB increasing by 1.32%. The increase of these two stocks also cooled down compared to yesterday, while the number and amplitude of decrease of other stocks increased, pulling the general index down.

Although VIC is still carrying the market, selling pressure spread across many sectors, making the situation negative. VIC itself also lost its purple color this morning, while the bluechip group (stocks of a company with high reputation, solid financial situation and large market capitalization) simultaneously extended its decline: SSI, MWG, VJC, PLX, HDB, VPB, VHM, MBB decreased from 2% to nearly 3%; LPB decreased more than 5%.

Supply pressure also appeared in many small and medium stocks such as PDR, ACG, NVL, BSR , FRT, TLG, SVI...

The finance – banking – securities – insurance and real estate groups continued to sink deep into the red. The energy, telecommunications, media and information technology groups also fell sharply.

At the end of the morning session, red dominated the market. VN-Index fell more than 10 points to 1,743 points. HNX-Index fell nearly 3 points to 255.75 points. Red dominated the entire market with 520 stocks falling compared to just over 160 stocks rising.

In the whole market, only 4/23 industry groups remained green: consumer services, vehicles and components, real estate and home care products; in which, the real estate group was only green thanks to the pull from VIC; this group itself is still in a weakened state.

Foreign investors net sold more than 1,200 billion VND this morning, VIC alone was net sold more than 530 billion VND in the morning session.

Source: https://baotintuc.vn/thi-truong-tien-te/co-phieu-dau-nganh-bat-dong-san-khong-du-suc-nang-thi-truong-20251209141923770.htm