VN-Index surpasses 1,750 points

The domestic stock market continued to maintain its green color this morning, but the increase still depends mainly on the pull of a few large-cap stocks.

Typically, VIC, SAB hit the ceiling, or SSI increased by more than 1%. Although the cash flow has spread more widely in the past sessions, bluechip stocks are still the main driving force helping VN-Index get closer to the historical peak of 1,800 points.

Meanwhile, the stock group performed quite cautiously with red as the main color, although the adjustment amplitude was not large, mostly less than 1%, such as VCI or VND, or remained unchanged. SHS and VIX adjusted more than 1% this morning.

Although the banking group has attracted cash flow in the past few sessions, today is quite diverse. Besides a few codes that increased slightly such as MBB orSHB , most of them adjusted slightly below the reference. Only CTG and HDB decreased by more than 1%.

With the situation of green on the outside and red on the inside, VN-Index still increased by 14.71 points to 1755.49 points. The number of red codes is roundly 200, more than double the number of green codes this morning.

Leading beer and real estate stocks hit ceiling, VN-Index surpasses 1,750 points

The stock market started the new trading week with mixed developments, but the highlight came from the leading stocks when beer and real estate unexpectedly broke out, pulling the VN-Index above the 1,750 point mark.

Although red covered many industry groups, especially banking and securities, the rise of some pillar stocks helped the index maintain its upward momentum, while foreign investors continued to sell strongly.

At the end of the trading session on December 8, VN-Index increased by 12.42 points to 1,753.54 points. Trading volume reached more than 740.9 million shares, equivalent to more than VND 21,497.3 billion. The entire floor had 104 stocks increasing in price, 217 stocks decreasing in price and 42 stocks remaining unchanged.

HNX-Index decreased by 1.97 points to 258.68 points. Trading volume reached more than 54.4 million shares, equivalent to more than 1,172.7 billion VND. The entire floor had 51 stocks increasing in price, 93 stocks decreasing in price and 63 stocks remaining unchanged.

UPCOM-Index decreased 0.61 points to 119.88 points. Trading volume reached over 41.9 million shares, equivalent to over VND541.9 billion. The entire floor had 131 stocks increasing in price, 130 stocks decreasing in price and 79 stocks remaining unchanged.

The VN30 basket had 21 stocks decreasing in price, while only 7 stocks increased in price, 2 stocks remained unchanged. Although the number of stocks increasing was small, the increase was very large thanks to SAB beer stock hitting the ceiling price, and leading real estate stocks also increasing to the limit. Besides, VHM also increased by 2.8%, GAS increased by 2.19%, PLX increased by 4.8%.

Banking stocks performed negatively as red covered the market, while securities stocks also fell in price. In addition to the leading capitalization stocks in the real estate sector, small and medium-sized stocks were also in red.

The media services industry recorded the sharpest decline in the market, mainly due to the codes VGI (down 1.63%), CTR (down 1.16%), FOX (down 2.86%), MFS (down 0.54%) and FOC (down 0.77%).

Regarding foreign transactions, this group continued to net sell more than 1,881 billion VND on the HOSE floor, focusing on the codes VPL (1,548.9 billion VND), VIC (184.87 billion VND), SSI (167.87 billion VND) and GMD (92.8 billion VND). On the HNX floor, foreign investors net sold more than 45 billion VND, focusing on the codes CEO (14.73 billion VND), MBS (8.91 billion VND), PVI (4.61 billion VND) and TNG (3.56 billion VND).

The fact that the VN-Index surpassed the 1,750-point mark in a context where the market breadth was strongly tilted towards the selling side showed that the cash flow was focusing on a few leading stocks rather than spreading across the entire market. The breakthrough of leading stocks in the beer and real estate sectors – especially stocks that hit the ceiling – played a key role in pushing the index up, even though the banking and securities groups all fell.

Liquidity remains high, showing that investor sentiment remains positive, but strong net selling by foreign investors is a factor that needs to be monitored, especially when large-cap stocks such as VPL, VIC or SSI are under constant pressure. In the short term, the VN-Index may continue to fluctuate within a wide range, depending on the strength of the pillar group and expectations for year-end macroeconomic information.

Source: https://vtv.vn/vn-index-vuot-1750-diem-1002512081750371.htm