Cash flow focused on bluechips helps VN-Index maintain 1,700 points

The stock market started December with enthusiasm when the VN-Index surpassed the 1,700-point mark and maintained this level until the end of the session, although the increase was mainly concentrated in large-cap stocks.

Investors monitor market developments. Photo: Hua Chung/VNA

At the end of the session on December 1, VN-Index increased by 10.68 points to 1,701.67 points, with trading volume reaching more than 633.5 million shares, equivalent to VND21,041.7 billion. The entire floor had 135 stocks increasing, 178 stocks decreasing and 53 stocks remaining unchanged. HNX-Index decreased by 2 points to 257.91 points; UPCOM-Index increased by 0.16 points to 119.14 points.

The VN30 group continued to play a leading role with 16 stocks increasing. Vingroup stocks including VIC increased by 3.65%, VHM increased by 2.72%, VRE increased by 1.9%; along with SAB increased by 5.6%, GAS increased by 3.15%, MSN increased by 1.81%, PLX increased by 1.62%,SHB increased by 1.19%, contributing positively to the index. Notably, VPL is also a stock in the Vingroup ecosystem that also increased to the ceiling. These are the stocks that have the most positive impact on the index.

In the rest of the market, the performance was less positive. In the oil and gas group, only PLX and PTV increased, while PVC, PVB, TOS, PVS, PVD, and BSR decreased. The securities group was in red; the banking group was divided; and small and medium-cap real estate stocks decreased significantly.

Foreign investors continued to net sell on all three exchanges. On HoSE, foreign investors net sold nearly VND298 billion, concentrated in VHM about VND228 billion, VIC VND162 billion, VCB VND65 billion; HDB and TCB were also net sold heavily. On HNX, foreign investors net sold about VND9 billion, mainly in MBS and PVS. On UPCOM, the net selling value was approximately VND9 billion.

Overall, the fact that the VN-Index remains above the 1,700-point mark shows that investor sentiment is still positive, although the divergence shows that cash flow has not really spread. Profit-taking pressure is a notable factor that can restrain the short-term increase. However, if liquidity remains stable and leading stocks continue to maintain the pace, the market is likely to move to higher scores in the coming sessions, thereby opening up positive expectations for the end of the year.

Source: https://baotintuc.vn/thi-truong-tien-te/dong-tien-tap-trung-vao-bluechip-giup-vnindex-giu-vung-1700-diem-20251201163610137.htm