The stock market continued to have its 9th consecutive increase and the VN-Index approached the old peak in October 2025, equivalent to the 1,760-1,800 point range, but the "happy" did not spread evenly when most stocks decreased.
At the end of the trading session on December 8, the VN-Index increased by 12.42 points (+0.71%), to 1,753.74 points. The market still showed a state of "green skin, red heart" when on the HOSE there were 104 stocks increasing and 217 stocks decreasing. The total trading volume reached nearly 741 million units, worth VND 21,497 billion. Regarding foreign transactions, the group of investors has strongly resold net with a value of VND 1,907 billion in the entire market today.
The increase of VN-Index is mainly led by Vingroup, especially VIC shares, which increased the ceiling and became the most important attraction in the market when this code maintained an increase of 6.9% to VND152,700/share with liquidity reaching more than 4.6 million units and a ceiling buy of more than VND2.6 million units, however, foreign investors have net sold more than 1.2 million of these shares.
In addition, some other bright spots in the bluechip basket, SAB, also increased all the range and ended the session at 53,200 VND/share and matched 5.25 million units with a ceiling purchase volume of 1.5 million units; PLX increased by 4.8%, VHM increased by 2.8%, GAS increased by 2.2%.
Meanwhile, the banking-stabilization-steel pillar groups all extended the decrease in the afternoon session. In the entire banking industry, only MBB maintained green with an increase of 0.6%, the rest were in the red, mainly decreasing by about 1%.
From the current market perspective, although the general index has recorded a strong increase in recent sessions, this increase is not really spreading. The most recent session showed a large contribution from Vingroup stocks, especially VIC-VHM-VRE, thereby helping VN-Index maintain green and break out in scores.
However, the rest of the market did not record a corresponding consensus: many stocks in other industry groups are still maintaining low prices, or even adjusted slightly after the previous increase.
Currently, liquidity in the market is remaining low, reflecting investors' cautious sentiment as many important information are about to be announced, especially macro policy orientation and international interest rate trends. Cash flow tends to stay on the sidelines to wait for clearer signals, instead of disbursing strongly in the context of limited degrees of certainty.
Technically, the possibility of liquidity improving sharply in the short term is not high. Signs show that active cash flow has not shown any clear signs of returning, while new demand has not formed strong enough to create a breakthrough.
However, the positive point is that foreign investors have started to return to net buying in recent sessions, contributing to improving general sentiment and partly supporting market liquidity, although the level is not enough to create a clear change.
Yearly statistics show that market liquidity often tends to be sluggish at the end of the year, especially in December, when investors often close their books, limit transactions or restructure portfolios cautiously.
Liquidity only really improved from the first quarter of the year after the new cash flow returned and business expectations entered a new growth cycle. Therefore, the expectation of a breakthrough liquidity in December is unrealistic. Instead, the market will move in a more stable state and accumulate more.
