VN-Index plummets 52 points, red dominates the market.

At the close of trading on Friday, the VN-Index plummeted 52 points, falling to 1,646, marking its sharpest decline in nearly two months.

At the close of trading this afternoon (December 12), the VN-Index fell 52 points to 1,646 points, while the HNX-Index dropped 5.78 points to 250 points. Similarly, the Upcom-Index also decreased by nearly 1 point to 119 points.

The HoSE floor was dominated by red, with nearly 300 stocks declining, more than seven times the number of rising stocks, reflecting cautious sentiment and strong selling pressure across the board.

The VN30 basket lost 57 points, falling below the 1,900 mark. This marks the fourth consecutive day of decline since the VN-Index failed to conquer the 1,770 point mark; the total correction has reached 106 points, equivalent to 6.06%.

Amidst the red, QCG was one of the rare stocks to hit the ceiling price. Conversely, HoSE recorded 31 stocks that hit the floor price, including: CII, DIG, EIB, HDG, NVL, APH, DXG, FIT, GEX, PDR, TAL, TCH, VIX, VSC…

The VN-Index plummeted 52 points in the December 12 trading session. (Illustrative image).

All sectors declined, with consumer services leading the drop at 6.5%; real estate, securities, insurance, energy, and transportation all fell by more than 3%; and the banking sector alone lost 2.7%.

Market liquidity recovered significantly compared to the previous low session, with the value of matched orders on HoSE reaching nearly 24,300 billion VND, indicating a sharp increase in active selling pressure amidst strong market volatility at the end of the week.

Earlier in the morning session, the HoSE saw 63 gainers and 238 losers, with the VN-Index falling 20.63 points to 1,678.27 points. Total trading volume reached over 245.4 million units, valued at 7,240 billion VND, an increase of over 12% in volume and 18% in value compared to yesterday morning's session. Block trades contributed over 16.1 million units, valued at 467 billion VND.

Among the blue-chip stocks, only BCM, CTG, SSI, and STB recorded slight gains, whileVIB remained unchanged; the rest all declined.

Leading the decline were two VinGroup stocks: VHM, down 3.3% to 97,800 VND, and VRE, down 2.2% to 28,850 VND. VIC narrowed its losses, falling 1.5% to 143,800 VND, while related stock VPL continued its sharp decline of 6.6% to 85,000 VND. In total, these stocks subtracted nearly 8 points from the VN-Index.

Other blue-chip stocks besides MWG and VJC, which fell by more than 2%, only declined by around 1%.

The group of small and medium-sized stocks was rather lackluster in terms of gains, except for BMP shares which at one point surged to the ceiling price before closing up 4% at 176,200 VND, with 0.16 million units traded.

Nguyen Thi Yen

Reporter

Reporter from the Economics Department, VTC News Online.

E-mail

Source: https://vtcnews.vn/vn-index-boc-hoi-52-diem-sac-do-bao-trum-thi-truong-ar992625.html