Daily Market Watch 12/11/2025: The Market Strongly Rebounds on Positive News

MARKET HIGHLIGHTS

o       The market rebounded strongly, led by large-cap stocks, as sentiment improved following FTSE’s announcement that Vietnam will be included in the FTSE EM Index with a 0.22% weighting and a list of eligible stocks. This bolstered investor confidence in Vietnam’s EM upgrade prospects. Media also reported that the SSC recently met with Vanguard, suggesting the fund manager may soon open an account to invest in Vietnam once Vietnam is officially included in the EM. As many stocks fell over 20% in the past several weeks, the rebound was naturally strong as investors began bottom-fishing. The VN-Index surpassed 1,607 points in the morning session, reclaiming the psychological support level of 1,600. Market breadth turned positive, though liquidity remained relatively low, indicating cautious optimism.

o       In the afternoon session, VN30 stocks extended their gains, driving the market higher, with 29 out of 30 VN30 constituents advancing. The top contributors were VRE (+5.64%), VIC (+5.07%), and FPT (+4.68%). Positive sentiment spread across the board as retail investors turned more confident, boosting bottom-fishing activities. All sectors ended higher, with 268 stocks gaining and only 58 declining. The VN-Index closed up 2.4% at 1,631.86 points.

o      Market liquidity improved significantly, especially in the afternoon, as strong retail demand pushed total trading value to USD 838.6 mn (+10.34% DoD). Buyers were more active. They were willing to buy even at higher prices as sentiment improved well. Many expected that the correction could be completed and a new round of rally may start appearing.

o       Foreign investors continued to narrow their net selling, with a net outflow of only USD 14.9 mn on HoSE. Buying was concentrated in VIC (+USD 9.9 mn), HPG (+USD 4.4 mn), and FPT (+USD 4.4 mn), while selling pressure focused on TCX (-USD 7.6 mn), STB (-USD 6.6 mn), and VIX (-USD 5.8 mn).

o       Foreign investors sharply reduced their net selling over the past two sessions, with today’s net outflow narrowing to -USD 2.9 mn. Buying activities were concentrated in large-cap names included in FTSE’s eligible list such as VIC (+USD 5.9 mn), HPG (+USD 4.0 mn), VNM (+USD 3.1 mn), SHB (+USD 2.8 mn), and MSN (+USD 2.7 mn). On the selling side, net selling mainly focusing on financial stocks such as MBB (-USD 2.7 mn), STB (-USD 2.5 mn), CTG (-USD 2.0 mn), HDB (-USD 1.9 mn), and VND (-USD 1.8 mn).