VN-Index surpasses 1,700 points.

VTV.vn - The stock market showed a clear improvement in the trading session on December 19th, with the VN-Index rising more than 27 points, officially surpassing the psychological mark of 1,700 points.

In the short term, the market trend is assessed as positive.

This morning, the stock market opened the final trading session of the week in positive territory, continuing the slight recovery from the previous session. This positive performance was mainly driven by large-cap stocks. Meanwhile, red was concentrated mainly in mid- and small-cap stocks, clearly showing the divergence of the overall market. Notably, VIC, VHM, and VPL were the three main stocks leading the market this morning, contributing approximately 17 points. Banking, Oil & Gas, Tourism , Utilities, and Resources sectors also recorded relatively good performance.

Notably, in this morning's session, DGC shares of Duc Giang Chemical unexpectedly saw increased buying demand after three consecutive days of hitting the floor price. The trading volume reached approximately 22,167 billion VND. DGC even briefly approached the ceiling price. QCG, another stock with significant fluctuations this week, returned to the floor price this morning. GEE, VNM, and VPB were the stocks that contributed most to the index's decline, closing down around 1-2%.

Recently, the State Securities Commission revoked the public company status of a number of businesses belonging to the FLC ecosystem, including AMD, GAB, HAI, and KLF. Before being delisted, these four stocks were all listed on UPCoM but had been restricted or suspended from trading for extended periods due to violations of information disclosure obligations, late submission of financial reports, and failure to hold general shareholders' meetings as required.

VN-Index recovers strongly, surpassing the 1,700-point mark.

At the close of trading, the VN-Index rose 27.33 points to 1,704.31 points; the HNX-Index increased 0.74 points to 253.97 points. Market breadth favored buyers with 377 gainers and 336 losers. The VN30 basket alone recorded 23 gainers, 6 losers, and 1 unchanged stock, indicating positive performance among leading stocks.

Market liquidity improved compared to the previous session. On the HOSE exchange, the trading volume reached over 660 million shares, equivalent to a value of over 20,900 billion VND. On the HNX exchange, the trading volume reached over 57.4 million shares, with a value of over 1,020 billion VND.

In the afternoon session, despite some fluctuations in the first half, strong buying pressure helped the VN-Index break through and at one point reached 1,705 points before closing. In terms of impact, VHM, VIC, VPL, and VCB were the stocks with the most positive influence on the VN-Index. Conversely, BID, DGC, GEE, and HVN faced selling pressure, deducting more than 1.5 points from the index.

On the HNX exchange, the HNX-Index also maintained an optimistic trend, supported by stocks such as VIF (up 6.67%), IDC (up 2.2%), SHS (up 1.43%), and HHC (up 9.6%).

Looking at the sectors, green dominated most of the market. The real estate sector was the highlight, rising 3.75%, with notable gains including VIC (up 4.06%), VHM (up 6.95%), VRE (up 4.45%), and DXG (up 3.19%). Following closely were the energy sector and the non-essential consumer goods sector. Many stocks recorded significant increases, such as BSR (up 6.69%), PVD (up 1.85%), VPL (up 5.63%), MWG (up 1.59%), FRT (up 0.49%), and PNJ (up 0.65%).

Conversely, the information technology sector declined by 0.5%, mainly due to drops inFPT (0.53%), CMG (0.42%), VEC (1.55%), and DLG (2.24%).

Regarding foreign investor activity, foreign investors returned to strong net buying on the HOSE exchange with a value of over 521 billion VND, focusing on HPG, SSI, BSR, and VIX stocks. On the HNX exchange, foreign investors also net bought over 30 billion VND, notably in IDC, SHS, HUT, and VFS stocks.

The sharp rise in the VN-Index, closing above 1,700 points, indicates a significant improvement in investor sentiment, particularly with increased liquidity and a return to net buying by foreign investors. Leading stocks, especially in real estate and banking, continued to play a key role in driving the trend.

In the short term, the market trend is considered positive, but as the VN-Index approaches higher resistance levels, the possibility of volatility should be noted.

Source: https://vtv.vn/vn-index-vuot-moc-1700-diem-100251219193905221.htm