The Market Beat: Transport Sector Shines Amid Dull Liquidity

Market liquidity decreased compared to the previous trading session, with the matching trading volume of VN-Index reaching more than 447 million shares, equivalent to a value of more than 10.5 trillion VND; HNX-Index reached more than 45.9 million shares, equivalent to a value of more than 788 billion VND.

VN-Index opened the afternoon session with a prolonged tug-of-war and selling pressure increased towards the end of the session, but the index still closed in the green. In terms of impact, HVN, VNM, FPT, and BCM were the most positive influences on the VN-Index, with an increase of over 2.3 points. On the other hand, HPG, BVH, NVL, and VPI were the most negative influences, but their impact was not significant.

On the contrary, HNX-Index witnessed a less optimistic performance, with the index negatively impacted by IDC (-1.41%), PVS (-1.44%), VIF (-2.86%), and MBS (-1.03%)…

The industrial sector was the best-performing group in the market, with a 3.19% increase mainly driven by transportation stocks such as HVN (+6.93%), VOS (+6.98%), VTP (+1.57%), and HAH (+1.65%). Following the recovery were the telecommunications and energy sectors, with increases of 2.86% and 1.02%, respectively. Additionally, the financial sector was the market’s most modest gainer, with a 0.02% increase mainly driven by buying in SSI (+0.19%), VIX (+0.98%), VPB (+0.53%), and VCB (+0.11%).

In terms of foreign trading, they continued to net sell over 30 billion VND on the HOSE exchange, focusing on HPG (81.27 billion), NVL (71.75 billion), VHM (51.41 billion), and BID (36.73 billion). On the HNX exchange, foreigners net sold more than 34 billion VND, focusing on HUT (18.75 billion), CEO (9.61 billion), SHS (8.03 billion), and IDC (6 billion).

Morning Session: Pillar Stocks Diverge, Market Struggles to Break Out

The sole shining performance of sectors like transportation and telecommunications was not enough to boost the market as the pillar stocks remained relatively quiet. At the end of the morning session, the VN-Index slightly increased by 0.05%, standing at 1,255.33 points; HNX-Index decreased by 0.12%, falling to 227.27 points. In terms of market breadth, the number of advancing stocks still outnumbered declining stocks but was gradually narrowing, with 384 gainers and 256 losers.

After yesterday’s sharp decline with high liquidity, a cautious sentiment returned this morning. The matching volume of the VN-Index reached over 166 million units in the morning session, equivalent to a value of more than 4 trillion VND, a decrease of nearly 43% compared to the previous session. The HNX-Index recorded a matching volume of over 19 million units, with a value of over 329 billion VND.

Source: VietstockFinance

FPT and VNM are currently the two most positive pillars, helping the VN-Index gain more than 1 point. Meanwhile, half of the top 10 most positive stocks were from the banking sector. CTG alone took away nearly half a point from the overall index, while the others had a negligible impact.

Telecommunications and transportation were the two main highlights of the morning session, attracting strong buying interest from the opening bell. The most notable performers were YEG, MVN, VOS, and VTO, which hit their daily limit-up prices. Additionally, several other stocks recorded impressive gains, including VGI (+3.01%), FOX (+1.59%), ELC (+1.26%); HAH (+1.96%), PVT (+1.27%), VTP (+1.79%), SGP (+4.87%), VSC (+2.26%), and PHP (+2.79%),…

However, the pillar sectors of finance and real estate exhibited a divergent trend, preventing the overall index from surging higher. Most stocks in these sectors fluctuated slightly around the reference price, except for a few notable movers, including BVH (-2.1%), HDB (-1.06%), VCI (-1.16%), NAB (+1.28%); DIG (-1.79%), HDG (+1%), IJC (+1.82%), SJS (+4.69%), and SCR (+1.59%),…

Foreigners continued to net sell slightly over 36 billion VND on all three exchanges this morning. No stock experienced a significant sell-off, with VHM leading the net sell value at over 38 billion VND. On the buying side, FPT attracted the most foreign interest, topping the net buy list with a value of over 87 billion, far exceeding the other stocks.

10:30 am: Liquidity Remains Subdued as Money Flows into Transportation and Telecommunications

Investors’ cautious sentiment led to a decrease in trading volume, and the main indices fluctuated around the reference level. As of 10:30 am, the VN-Index increased by 2.32 points, trading around 1,256 points. The HNX-Index rose by 0.11 points, trading around 227 points.

The breadth of stocks in the VN30 basket showed a divergence, with the buying side having a slight advantage. Specifically, FPT gained 2.43 points, VNM increased by 0.67 points, TCB rose by 0.45 points, and MBB climbed by 0.28 points. On the other hand, financial stocks such as VPB, STB, HDB, and SSI were among the most sold stocks, taking away more than 1 point from the overall index.

Source: VietstockFinance

The telecommunications group led the market recovery, with a gain of 3.10%. Most stocks in this sector traded in positive territory, including VGI, which rose by 3.12%; MFS, up by 7.47%; and CTR, which climbed by 0.25%… Notably, YEG advanced by 3.37%, extending its streak of daily limit-up prices for three consecutive sessions and recording six limit-up sessions in December. The upward momentum in the share price coincided with Yeah1’s impressive performance in the entertainment industry, thanks to the grand concert series “Anh trai vượt ngàn chông gai” (Brother Overcoming Countless Obstacles). During the online conference on the culture, sports, and tourism industry held in Hanoi on December 18, Prime Minister Pham Minh Chinh even suggested replicating concert models like “Anh trai,” underscoring the positive prospects for YEG‘s business performance in the future.

Next was the industrial sector, which also witnessed a broad-based advance. Buying interest mainly focused on transportation stocks, such as HAH, which climbed by 2.58%; VSC, up by 3.23%; VTP, rising by 2.15%; and ACV, which gained 1.26%… Notably, VOS hit its daily limit-up price early in the morning session. From a technical perspective, VOS formed a bullish White Marubozu candlestick pattern on December 20, 2024, accompanied by a significant increase in trading volume, surpassing the 20-session average. This indicates heightened trading activity and the potential for further upside.

Additionally, the stock’s price is testing the upper boundary (corresponding to the 16,700-17,600 range) of the Ascending Triangle pattern, while the Stochastic Oscillator and MACD have generated buy signals. If the stock’s price can break above this range in the upcoming sessions, the potential upside target would be the 21,600-22,500 range.

Source: VietstockFinance

Compared to the opening, the buying side still held a slight advantage. There were 390 advancing stocks and 188 declining stocks.

Source: VietstockFinance

Opening: Green Dominates Again

At the start of the December 20 session, as of 9:30 am, the VN-Index fluctuated around the reference level, reaching 1,256.48 points. The HNX-Index also witnessed a slight decline, trading around 227.61 points.

Green temporarily prevailed in the VN30 basket, with 9 declining stocks, 11 advancing stocks, and 10 stocks trading sideways. Among them, SSI, VPB, and CTG were the most negative performers. Conversely, SSB, VNM, and FPT were the top gainers.

Stocks in the telecommunications services sector led the market this morning, with a growth rate of 2.73%. Most stocks in this sector traded in positive territory from the opening bell, including VGI, which climbed by 3.34%; FOX, up by 1.69%; CTR, advancing by 0.25%; and YEG, which rose by 2.53%,…

Along with this, the industrial sector also contributed positively to the market’s performance. Notable gainers in this sector included ACV, which increased by 1.94%; HAH, up by 0.1%; VOS, climbing by 2.22%; and HBC, which gained 4%,…

Ly Hoa