VN-Index "shakes off the mud and rises," gaining over 33 points.

(NLĐO) - After successfully testing the bottom in the morning session, a massive influx of capital into the market in the afternoon of December 16 triggered an explosive surge.

If the December 15th session was a "healing" measure, then the December 16th trading session was the strongest morale boost for investors. Opening cautiously, the index briefly dipped to the 1,629 point level to test demand. At this point, bargain-hunting investors aggressively entered the market, creating a spectacular "reversal" in the afternoon session.

The massive influx of money into the market during the afternoon session of December 16th triggered an explosive surge.

At the close of trading, the VN-Index surged 33.17 points (equivalent to 2.02%), closing at its highest point of the day at 1,679.18 points. The positive sentiment was widespread, with 253 stocks rising, completely overwhelming the 66 stocks that fell.

The focus of the euphoria was on the securities sector. With their keen market sensitivity, this group saw a series of stocks hit their upper limit, signaling a return of confidence. VND (VNDirect) surged 6.8%, SSI rose close to its upper limit at 6.5%, SHS increased 5.4%, and VIX gained 5%.

Alongside the stock market, the real estate sector – the "victims" of the previous sell-off – also made a fair comeback. CEO surged to its ceiling price of 9.6%, while CII hit its ceiling price of 6.8%. Stocks like DXG (+5.8%) and DIG (+2.9%) also jumped sharply. Among the leading stocks, VHM recovered 2.7%, while VIC remained at its reference price after a series of volatile days.

Within the VN30 basket (which rose by up to 40 points), the brightest star was HDB ( HDBank ), closing in the purple zone (up 7%). The positive momentum from HDB also pulled LPB (+3.9%), TCB (+3.1%), and MBB (+2.9%) to the forefront. However, the "big brother" VCB remained relatively sluggish, only rising slightly by 0.2%.

Market liquidity improved significantly compared to yesterday's session, with a total trading value of 24,450 billion VND. This indicates that large amounts of capital were willing to invest at higher price levels instead of waiting for the floor price.

Another positive signal comes from foreign investors. After a series of days of net selling worth trillions of dong, today they traded very evenly with an insignificant net selling value (only -5.81 billion dong). The significant reduction in foreign selling pressure is a prerequisite for the domestic market to confidently recover.

Analysts believe the large-scale technical rebound with increased liquidity confirms that the 1,630-point level is a solid short-term bottom. However, the market may need further consolidation phases to absorb the trapped holdings at the 1,700-point level before attempting to conquer the previous peak.

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Source: https://nld.com.vn/vn-index-ru-bun-dung-day-tang-hon-33-diem-196251216152239751.htm