Nearly 500 stocks decreased in price, Vingroup stocks still could not pull the market

Stock indices all closed today in the red. The entire market had more than 500 stocks falling in price with nearly 20 stocks hitting the floor.

The score did not decrease sharply but investor accounts remained deeply negative - Photo: QUANG DINH

The stock market session on December 9 recorded a negative state when selling pressure appeared widely.

Although Vingroup 's VIC stock (+4.75%) continues to be a rare support for the index, this support is not enough to balance the general correction trend of the whole market.

There were nearly 250 stocks increasing in price, counterbalancing nearly 480 stocks decreasing in price, nearly 20 stocks "hit the floor". Therefore, the entire index was covered in red at the end of the session.

Of which, VN-Index lost nearly 7 points (equivalent to -0.37%), falling back to 1,747 points. The other two indexes, HNX-Index and UpCOM-Index, were not much better, falling 0.6% and 0.17% respectively.

High selling pressure, good absorption at lower discount price range, liquidity tends to improve when reaching nearly 32,000 billion VND.

Red covered the board as most industry groups recorded adjustments, except for real estate, software and services, and healthcare equipment.

The real estate group recorded an average increase of 0.66% thanks to the strong pull from VIC stock, while most of the remaining codes in the industry remained in the red. Even within the Vingroup ecosystem, both VRE and VHM fell sharply by 2.88% and 2.27%, respectively.

Many other real estate stocks also suffered clear correction pressure such as DXG down 2.17%, NVL down 1.7%, HDC down 3.07% and IDC down 1.06%.

In the financial group, especially banking and securities, selling pressure appeared clearly when these two groups accounted for more than half of the total active selling force of the entire market.

VPB (-3.2%), MBB (-2.37%), LPB (-4.97%), HDB (-3.82%)... led the decline with sudden liquidity, showing that cash flow is being withdrawn quite drastically.

Along with that, the securities, telecommunications, oil and gas and retail industries are also in the "red camp".

On the other hand, the market still has some bright spots thanks to the price increases ofFPT (+1.47%), BAF (+2.5%), SAB (+0.19%)...

However, VIC's contribution is still decisive to the index's performance. This code alone contributed more than 7 points to the VN-Index. If VIC's influence were removed, the index would have "evaporated" 25 points at one point.

Another notable development is that foreign investors returned to a strong net selling state with nearly 2,600 billion VND. Of which, VPL was "net sold" more than 1,000 billion VND, VIC (-730 billion VND), HDB (-213 billion VND), VHM (-204 billion VND), STB (-152 billion VND), MSN (-113 billion VND)...

On the contrary, foreign cash flow still maintained net buying in steel and information technology groups, along with some stocks such as MWG, VRE, VNM, VJC, KDH,SHB ...

Cash flow into stocks will remain cautious

According to analysts, the Fed will have the results of its policy meeting on December 10 with a high possibility of continuing to reduce the operating interest rate. This expectation will contribute to maintaining the green color of world stocks to further strengthen the psychological development in the domestic market.

However, the temporary liquidity stress at commercial banks is expected to continue in December and even extend into January 2026 due to seasonal nature.

This will likely cause cash flow into the stock market to remain cautious. Therefore, it is difficult to expect a market boom in the short term. Instead, green may appear locally and many stocks will continue to accumulate.

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BINH KHANH

Source: https://tuoitre.vn/gan-500-ma-giam-gia-co-phieu-vingroup-cung-khong-keo-noi-thi-truong-20251209150809945.htm