Daily Market Watch 12/08/2025: The Rally Extended Despite Retail Panic Sell

MARKET HIGHLIGHTS

o       VN-Index opened with a positive momentum carried from the previous day, quickly surpassing the 1,600-point threshold. Optimism spread across the market, lifting the Index to an intraday high of 1,608 within just 30 minutes of the opening. However, selling pressures built up as many retail investors were not fully convinced due to the lower liquidity. Besides, foreign players continued dumping The Index gave away all prior gains and fell below the reference line at the end of the morning session. Many small/mid-cap stocks faced visible selling overhang and dropped considerably.

o       The significant performance of several large cap and key mid cap names once again supported the market well in the afternoon and brought back confidence. Investors

o       Afternoon dip-buying flows absorbed the profit-taking seen in the morning session, allowing the VN-Index to finish at its intraday high of 1,608 points (+0.71%). Banking stocks BID, LPB, VCB, MBB, and HDB were the top five contributors, adding a combined 6.53 points to the index.

o       The VN30 basket advanced 0.8%, with 19 out of 30 constituents posting gains. Mid-cap stocks outperformed with a 0.9% gain, while the small-cap segment underperformed, rising just 0.4% as speculative money took profits.

o       Market liquidity remained elevated at USD 1.74bn. Foreign investors extended their net selling streak, offloading USD 26.5mn across the session. Heavy selling targeted large-cap names such as FPT (-USD 6.6mn), VHM (-USD 6.0mn), SSI (-USD 4.8mn), HPG (-USD 4.6mn), and MWG (-USD 3.6mn). On the buy side, notable inflows were seen in VPB (+USD 4.0mn), STB (+USD 3.2mn), and POW (+USD 2.1mn).