VN-Index fell by more than 20 points, liquidity weakened.

On December 11th, the market was almost entirely dominated by red, especially among blue-chip stocks, dragging the VN-Index down by more than 20 points; liquidity weakened.

On the Ho Chi Minh City stock exchange, the total market trading value reached just over 16,200 billion VND. Notably, VIC was the only stock with a trading value exceeding 1,000 billion VND (1,132 billion VND). Foreign investors were net sellers, buying over 1,744 billion VND but selling nearly 2,233 billion VND.

Liquidity decreased as both buyers and sellers limited transactions; buying activity was mainly driven by anticipation of deeper price discounts. Notably, despite the market decline in large-cap stocks, liquidity did not increase, indicating a cautious but not panicked investor sentiment.

Most VN30 stocks fell in price. (Screenshot)

At the close of trading, the VN-Index stood at 1,698.9 points, down 20.08 points (-1.17%); the VN30-Index fell 22.69 points (-1.17%) to 1,924.29 points.

Market breadth leaned heavily toward declines, with 192 stocks falling and only 104 rising. Within the VN30 basket alone, the number of declining stocks was more than eight times the number of rising stocks (25 compared to 3).

Vingroup stocks were the biggest drag on the index, with VIC, VHM, and VPL deducting 2.62, 2.37, and 2.01 points respectively. The banking sector also exerted pressure, with VPB (-1.61 points), VCB (-1.22 points), and MBB (-0.59 points) contributing to the decline. Additionally, stocks like VJC, GEE, VNM, and TCX also negatively impacted the market.

Due to strong supply pressure, most sectors declined. The worst declines were in consumer services (-4.91%), real estate (-1.38%), and hardware and equipment (-1%). Some sectors such as fashion and durable goods; personal and household care products; media and entertainment; software and services, insurance; pharmaceuticals, biotechnology, and science showed gains, but the increases were not significant, below 1%.

On the Hanoi Stock Exchange, liquidity remained low with a total trading value of less than 900 billion VND. At the close of trading, the HNX-Index fell 0.61 points (-0.24%) to 255.87 points; the HNX30-Index remained almost unchanged, losing only 0.22 points (-0.04%) to 552.89 points.

Source: https://hanoimoi.vn/vn-index-giam-hon-20-diem-thanh-khoan-suy-yeu-726430.html