VN-Index "rescued" after a drop of more than 52 points.

(NLĐO) - The stock market on December 15th regained its equilibrium around the 1,646 point mark after a drop of more than 50 points last weekend.

Following the panic selling on December 12th, the market entered the first trading session of the week on December 15th with a cautious sentiment. The pressure from margin calls lingered at the beginning of the session but was quickly absorbed by bargain-hunting investors.

At the close of trading, the VN-Index remained almost unchanged, falling slightly by 0.88 points (-0.05%) to close at 1,646.01 points. This was considered an important "stopping point" session to stabilize investor sentiment.

Bottom-fishing demand emerged in stocks that had fallen sharply, helping the VN-Index avoid another day of decline, although cautious sentiment still prevailed.

Market liquidity decreased significantly compared to the end of last week, reflecting the hesitation of both buyers and sellers. The total trading value on the HoSE reached only 17,969 billion VND, much lower than the average of over 24,000 billion VND of the previous week. This reflects a cautious sentiment, with those holding cash not rushing to buy and those holding stocks holding shares also holding back, waiting.

Market breadth remained skewed towards red, with 188 declining stocks compared to 126 rising stocks. Active selling pressure still dominated (VND 7,294 billion) over buying pressure (VND 6,453 billion), indicating that the process of rebalancing supply and demand will require more time.

According to analysts, the December 15th session was a necessary pause.

The most positive highlight of today's session was the strong recovery of stocks that had hit the floor limit in the previous session. In the banking sector, VPB ( VPBank ) staged an impressive comeback, rising 3.58% and becoming the biggest support for the index. Other stocks such as STB (+1.74%) and TPB (reference price) also showed good buying demand.

Within the Vingroup group, VRE (Vincom Retail) surged strongly by 5.28%, recovering most of its losses. However, divergence persisted, with VHM continuing to decline by 1.7% and VIC slightly decreasing by 0.8%.

In contrast to the rebound in blue-chip stocks, mid-range real estate stocks continued to face persistent selling pressure. PDR fell 3.55%, DIG fell 3.32%, and DXG fell 2.69%. This indicates that speculative capital has not yet truly returned to high-risk sectors.

Notably, after a series of ruthless sell-offs, foreign investors unexpectedly made net purchases of VND 696.05 billion. They aggressively invested in deeply discounted stocks, playing a crucial role in helping the market regain equilibrium at the 1,640-point support level.

According to analysts, the December 15th session was a necessary pause. The fact that the VN-Index did not break further below the 1,640 point level is a temporarily positive technical signal, but short-term risks remain as large capital flows have not yet aggressively increased their holdings.

Source: https://nld.com.vn/vn-index-duoc-giai-cuu-after-a-session-of-more-than-52-points-196251215152141375.htm