VN-Index reached 1,270 points despite the market appearing green on the outside but red underneath.

The market experienced a "green on the outside, red on the inside" situation as declining stocks outnumbered rising stocks, but the VN-Index still accumulated nearly 3 points and reached 1,270 points.

The market experienced a "green on the outside, red on the inside" situation as declining stocks outnumbered rising stocks, but the VN-Index still accumulated nearly 3 points and reached 1,270 points.

Following yesterday's surge (December 5th), many securities companies are advising investors to avoid chasing the rally at all costs. The reason is that yesterday's session showed a positive short-term market trend, while the long-term trend needs more time to confirm. The market's recovery trend will depend on sectors such as securities, technology, industrial real estate, and exports.

Despite cautious recommendations from most securities companies, the market today (December 6th) traded enthusiastically, maintaining its positive momentum throughout the session. The index representing the Ho Chi Minh City stock exchange at one point rose nearly 10 points to 1,276 points before narrowing its gains in the final minutes of the session. The VN-Index closed at 1,270.96 points, up 2.61 points from the reference point, extending its upward trend for the second consecutive session.

The index rose, but the number of declining stocks today reached 204, while only 170 stocks rose. The same was true for large-cap stocks, with 17 declining stocks outnumbering 13 rising stocks.

SSI led in liquidity with a trading value of over 884 billion VND, far ahead of the next two stocks, DGC with 730 billion VND andFPT with 678 billion VND. In terms of trading volume, SSI also led with 33.8 million shares successfully traded, followed by VIX with over 24.8 million shares and HPG with over 23.7 million shares.  

VIC contributed the most to today's gain, accumulating 2.4% compared to the reference price, reaching 41,850 VND. The next stocks on this list were BID, GVR, DGC, and FPT. Conversely, HPG weighed down the VN-Index the most, falling nearly 1% to 27,600 VND. The remaining stocks with the most negative impact on the index were mostly in the banking sector, including VPB, MBB, CTG,SHB , and TPB.  

The weekend session saw relatively few sectors with consistent price movements, except for the fertilizer and chemical sector, where all stocks rose. However, the gains within this group varied significantly, with DCM, DPM, and BFC accumulating gains of no more than 1%, while DDV and DGC increased by over 4%.  

Foreign investors extended their net buying streak for the second consecutive session today. They disbursed 2,382 billion VND and sold 2,025 billion VND, resulting in a net buying value of 358 billion VND. This was the highest buying value in the past month.  

Source: https://baodautu.vn/vn-index-cham-moc-1270-diem-khoi-ngoai-mua-rong-d231845.html