
The trading session on December 22nd was relatively buoyant, with the VN-Index surging 46 points, approaching its historical peak of 1,760 points. Capital flowed back into the market, mainly concentrated in large-cap stocks, with banking and real estate playing a leading role.
The main driving force of the market continued to come from the VN30 basket. VIC surged by the maximum allowed 6.94%, becoming the stock that pulled the index up the session, contributing 18.6 points to the VN-Index. Following VIC’s lead, other stocks in the same ecosystem such as VHM increased by 5.8%, VPL by 4.8%, and VRE by 4.1%.

VIC contributed 18.6 points to the VN-Index.
The banking sector played a key role in driving the market and spreading capital throughout the session. STB attracted attention with a 6.94% surge, marking its sixth consecutive day of gains with a surge in trading volume. A number of other large-cap stocks also broke through strongly, such as TCB (up 4.76%), HDB (up 4.05%), EIB (up over 4%), and MBB and CTG (up over 2%). Only NAB saw a slight decline.
The securities sector traded positively following improved liquidity, with VIX (up 5.38%), SSI (up 2.11%), and SHS (up 2.82%). However, capital flow showed clear selectivity, with IPO “blockbuster” stocks like TCX, VPX, and VCK bucking the trend, falling around 1%.
Cash flow also returned to the steel and chemical sectors. DGC surged 6.27% – its first gain after a series of four consecutive days of sharp declines, including three consecutive days of limit-down drops. Trading volume for DGC reached approximately 6 million shares, with bargain-hunting demand returning after a period of pressure from unverified rumors on social media and securities companies tightening margin requirements.
Notably, VNM became the focus of trading volume, recording a large-scale block trade of over 96 million shares, valued at over 6,000 billion VND, making it the stock with the highest trading value on the entire market on December 22nd.
At the close of trading, the VN-Index rose 46.72 points (2.74%) to 1,751.03 points. The HNX-Index increased 3.26 points (1.28%) to 257.23 points. The UPCoM-Index rose 0.43 points (0.36%) to 119.84 points. Liquidity returned to high levels, with trading value on the HoSE exceeding 29,300 billion VND.
Foreign investors continued to net buy 475 billion VND, focusing on MWG and GEX, while net selling was strongest in FPT.