VN-Index regains 1,700 point mark

However, liquidity has not returned, with trading volume of only 633.5 million shares, equivalent to a value of more than VND 21,000 billion.

In the context of cautious demand and strong market differentiation, many large codes, typically Vingroup and Gelex , continue to be the support to help VN-Index soar, surpassing the psychological mark of 1,700 points.

Specifically, the Vn-Index increased due to some pillar stocks such as: VIC (+3.65%), VPL (+6.95%), VHM (+1.41%), GEE (+6.95%), GAS (+3.15%)...

More impressively, PLP continued to have a strong increase around the ceiling price; TTF, TMT also had a moment of purple; or HID increased by 2.96%...

Meanwhile, on the HNX floor, at the end of the session, the HNX - Index decreased by 2 points to 257 points. Upcom - Index increased slightly by 0.16 points to 119.14 points.

VN-Index regained the psychological mark of 1,700 points.

Predicting the market's performance this week, Mr. Le Duc Khanh - Director of Analysis, VPS Securities, said that according to market data statistics, December is still the month with declining trading volume. With a clear "uptrend" year like this year, in addition to the previous months of strong increases and interspersed adjustments, the recovery back to the old peak area from the threshold of 1,700 - 1,750 points or higher will be the trend of VN-Index in December.

The cautiousness and hesitation in trading are reflecting the state of waiting for the next acceleration of the general market. Of course, there are still other reasons that can be mentioned, from the fact that investors are holding a portfolio that is "red" - not "green", the move to hold familiar stocks "in correction", previously popular stocks, while the cash flow is being diversified into a number of other special stocks.

Perhaps the market is lacking strong enough supporting information or at least needs more time before entering a clearer recovery period, especially needing stronger liquidity increase during this period.

According to experts fromACB Securities Company, VN-Index is likely to maintain its upward momentum and approach the important resistance zone of 1,700 points - a milestone confirming the possibility of escaping the prolonged correction trend. However, due to the lack of liquidity, the possibility of conquering the 1,700 point threshold in the short term is still not high.

Meanwhile, Saigon - Hanoi Securities Joint Stock Company (SHS) forecasts that the short-term trend of VN-Index will accumulate positively above the support zone around 1,645 points, corresponding to the average price zone of 20 sessions, with the expectation of moving towards the price zone of 1,700 points.

VN-Index has recovered well under the influence of a few stocks, while most are still under pressure of prolonged cumulative correction. Many codes and groups that have peaked since September and October 2025 have now returned to a relatively reasonable price range, low-price demand has increased, supply pressure has decreased, forming a short-term bottom after the adjustment period. However, the market still has few quality investment opportunities and requires careful assessment when considering disbursement.

Ngoc Vy

Source: https://vtcnews.vn/vn-index-lay-lai-moc-1-700-diem-ar990433.html