Selling pressure spreads, VN-Index falls to 1,672 points

After a few minutes of shaking around the reference price at the beginning of the session, widespread selling pressure caused the stock market to gradually weaken on the morning of October 24.

Customers transact at the headquarters of Bao Viet Securities Company. Photo: Tran Viet/VNA

Although the supply was not too large, the red color covered most of the electronic board, causing the VN-Index to decrease by 14.34 points to 1,672.72 points. Liquidity reached more than 471.6 million shares, equivalent to more than 14,854.6 billion VND, with 67 codes increasing, 244 codes decreasing and 41 codes remaining unchanged.

On the HNX floor, the HNX-Index decreased by 1 point to 265.78 points; trading volume was over 53.3 million shares, worth over VND1,242.6 billion. UPCoM-Index also decreased by 0.12 points to 110.92 points, with over 29.5 million shares traded, worth nearly VND398.6 billion.

The VN30 basket recorded 15 stocks decreasing, 7 stocks increasing and 2 stocks remaining unchanged; of which, VIC andFPT were rare bright spots, both increasing by more than 2%. On the contrary, the banking, securities and insurance groups were all in red.

In terms of impact on the index, TCB, CTG, VPB, MBB and VHM had the most negative impact on the index. On the contrary, VIC contributed the most positively to the VN-Index.

Regarding industry groups, red dominated, especially the financial and industrial groups. Many codes adjusted strongly by over 2% such as CTG, TCB, VPB, MBB, STB, SSI,SHB , HDB, VIX, VND, GEX, VSC...

Meanwhile, the media and information technology group stood out thanks to the contributions of VGI (up 4.26%), CTR (up 5.29%), FPT (up 2.11%), CMG (up 2.53%) and VEC hitting the ceiling.

The morning of October 24 showed that the overall cautious sentiment, especially when the large-cap stocks have not found a foothold for recovery. Cash flow is still strongly differentiated, concentrated in some technology and media stocks, while the pillar groups continue to be under pressure to adjust, causing the short-term trend of the market to still lean towards the risk of decline.

Source: https://baotintuc.vn/thi-truong-tien-te/ap-luc-ban-lan-rong-vnindex-lui-ve-1672-diem-20251024124047448.htm