Following a robust recovery session, the stock market opened with a slight uptick on December 17th. However, heightened selling pressure on high-priced stocks caused the VN-Index to reverse course. By the close, the VN-Index had fallen by 5.52 points (-0.33%) to 1,673.66 points. Foreign trading activity remained balanced, with a slight net buying trend across the market.
Securities firms’ proprietary trading desks net sold VND 192 billion on HOSE.
Specifically, securities firms’ proprietary trading desks were most active in net selling PET, with a value of -VND 105 billion, followed by VIC (-VND 33 billion), VNM (-VND 18 billion), VHM (-VND 15 billion), and VPB (-VND 15 billion). Other stocks also saw significant net selling pressure, including VJC (-VND 14 billion), LPB (-VND 14 billion), VRE (-VND 14 billion), MSN (-VND 14 billion), and ACB (-VND 13 billion).
Conversely, VIX and VCI were the top net buys, both at VND 14 billion, trailed by MBB (VND 13 billion), VPI (VND 12 billion), SSI (VND 11 billion), PVD (VND 11 billion), STB (VND 11 billion), VCG (VND 10 billion), MWG (VND 9 billion), and DXG (VND 7 billion).
Why Are Blockbuster Stocks Plummeting Post-IPO, Leaving Investors in Tears?
Join the frenzy of initial public offerings (IPOs) at sky-high prices, only to witness heartbroken investors as shares plummet dramatically upon listing.
Vietnamese Stocks Surge to Become Asia’s Top Performer After 100-Point Plunge
The excitement among investors is palpable, as the vibrant energy has returned to social media platforms, forums, and stock market groups. The buzz is undeniable, with enthusiasts eagerly sharing insights and strategies, reigniting the passion for the financial markets.
Foreign Block “U-Turn” Sells Off as VN-Index Surges, Countering Massive Inflow into Single Stock
On the sell side, VIC witnessed the most significant offloading by foreign investors, with a value of approximately VND 167 billion.
Surprising Surge in ‘Mountain Tycoon’ Stocks
The VN-Index has stabilized following a sharp decline, leaving the overall market sentiment subdued. Meanwhile, a surprising development emerged with shares of Quoc Cuong Gia Lai, which surged to their upper limit for four consecutive sessions.
Major Stock Unexpectedly Swept Up by Brokerage Firm’s Proprietary Trading Desk in December 16 Session
Proprietary trading desks at Vietnamese securities companies collectively net bought VND 478 billion worth of stocks on the Ho Chi Minh City Stock Exchange (HOSE) today.
