A "booming" trading session.

The VN-Index surged by 46.72 points (equivalent to 2.74%), closing at its highest point of the day at 1,751.03 points. This made it one of the strongest-performing markets in Asia that day.

The main driving force behind the index's rise came from the rare consensus between the two largest market capitalization sectors: banking and real estate. Market euphoria was further bolstered by explosive liquidity, exceeding 29,335 billion VND, approximately 1.2 billion USD. The trading volume reached nearly 950 million shares, indicating that investors on the sidelines could no longer be patient and were forced to invest to chase prices. Furthermore, foreign investors continued to be a strong support, maintaining net buying of 465.52 billion VND.

Meanwhile, Mr. Huynh Anh Tuan, General Director of VikkiBankS (Vikki Digital Banking Securities Company), believes that the main driving force behind this increase comes from investment funds aggressively buying to restructure their proprietary trading portfolios, thereby improving their net asset value (NAV).

"Investment funds typically hold large-cap stocks, especially bank stocks. Therefore, when capital flows back from these funds, this group clearly benefits and experiences strong price increases. In addition, some large funds also hold VIC shares of Vingroup Group, thereby creating a positive ripple effect on the banking sector and other leading stocks in the market," Mr. Tuan analyzed.

However, Mr. Huynh Anh Tuan noted that the current cash flow is only in the nascent stage of returning and is not yet truly abundant. The availability of cash remains a crucial factor that investors must carefully consider before making significant investments. "In this context, investors need to consider appropriate trading strategies to utilize capital effectively and avoid excessive euphoria," he advised.

He also warned that rallies stemming from certain technical or short-term factors usually don't last. "Regardless of the reason for a market rally, it can correct itself after a short period, so investors need to monitor closely and manage risks," Mr. Tuan emphasized.

Meanwhile, Pyn Elite Fund recently predicted that the VN-Index could reach 3,200 points in 2026, causing great excitement among investors. In particular, the fact that this fund holds the largest proportion of Sacombank 's STB shares in its portfolio, at 17.2%, stimulated a surge in capital into this stock, pushing STB's price to its ceiling limit in the trading session on December 22nd, reaching 52,400 VND/share, significantly contributing to the overall market uptrend.

Source: https://nld.com.vn/mot-phien-giao-dich-bung-no-196251222221814589.htm