VN-Index fell nearly 40 points.

VTV.vn - After a period of euphoric growth, the stock market unexpectedly reversed course in the afternoon session of December 25th as selling pressure intensified towards the end of the session.

VN-Index fell nearly 40 points.

This morning, the domestic stock market recorded its first-ever VN-Index surpassing the 1,800-point mark. However, this was only a specific moment during the trading session, around 10:00 AM.

Today, VIC shares remained relatively calm, giving way to two other stocks in the same group, VHM and VRE, both of which rose by 5-6%. These two stocks alone contributed more than 7 points to the VN-Index during the morning session.

Although the gains weren't as large, other blue-chip stocks still contributed significantly to the main index's positive performance. Notable examples include VCB and CTG from the banking sector, and VJC from the aviation sector, both of which rose by more than 1%.

Notably, foreign investors, after four consecutive sessions of net buying with increasing values, have not shown significant movement this morning, currently selling net over 24 billion VND.

Widespread selling pressure caused the VN-Index to suddenly reverse course and fall nearly 40 points.

After a period of euphoric growth, the stock market unexpectedly reversed course in the afternoon session of December 25th as selling pressure intensified towards the end of the session, especially in blue-chip stocks, causing the VN-Index to fall by nearly 40 points despite high trading volume.

At the close of trading on December 25th, the Vietnamese stock market reversed sharply downwards as selling pressure increased towards the end of the session. The VN-Index fell 39.97 points to 1,742.85 points. Liquidity remained high with nearly 804 million shares traded, equivalent to a value of over 25,087 billion VND. On the HOSE exchange, 87 stocks rose, 238 fell, and 46 remained unchanged.

On the HNX exchange, the HNX-Index fell 1.62 points to 250.98 points. Trading volume reached over 68.5 million shares, with a value exceeding 1,570.3 billion VND; declining stocks outnumbered rising stocks with 99, while 49 stocks increased and 52 remained unchanged. Conversely, the UPCOM-Index rose slightly by 0.25 points to 120.15 points, with a trading volume of over 49.6 million shares, equivalent to 863.6 billion VND; across the entire exchange, there were 119 gainers, 118 losers, and 73 stocks unchanged.

The negative performance of blue-chip stocks was the main reason for the market's plunge. Many large-cap stocks reversed from sharp gains to deep declines, with VIC, VHM, and VRE hitting the floor limit, while VPL fell by 2.94%. The VN30 basket recorded 24 declining stocks, with only 6 rising.

The banking sector also faced significant selling pressure, with only BID, SGB, and VCB rising, VBB remaining unchanged, while the remaining 23 stocks all fell. In addition, the securities, insurance, oil and gas, information technology, and real estate sectors all declined, further increasing pressure on the overall index.

Regarding foreign investor transactions, foreign investors maintained a positive net buying trend with a value of VND 573 billion across the entire market. On the HOSE alone, foreign investors bought a net VND 613 billion. VHM was the most heavily bought stock with a value of over VND 119 billion, followed by STB with VND 118 billion. In addition, MCH and VJC were also bought net approximately VND 100 billion and VND 85 billion respectively. On the HNX, foreign investors sold a net VND 37 billion, while on UPCOM, they sold a slight net of about VND 3 billion.

The sharp decline in the VN-Index shows that cautious sentiment has returned after the previous strong rally, as large-cap stocks no longer play a leading role in supporting the market. Nevertheless, high liquidity and continued net buying by foreign investors provide some support for the market. In the short term, the VN-Index is likely to enter a correction and consolidation phase. Analysts suggest that investors should be cautious of strong fluctuations and closely monitor the performance of blue-chip stocks to assess the index's ability to stabilize.

Source: https://vtv.vn/vn-index-giam-gan-40-diem-100251225174307357.htm