Profit-taking pressure increases, VN-Index falls 21 points

After a few minutes of opening, trying to surpass the 1,270 point mark, selling pressure increased, pushing VN-Index below the reference mark, the market was submerged in red.

Most industry groups decreased in points, in which the retail and banking groups were most negatively affected, typically MWG, PNJ, FRT, BID, CTG, MBB, TCB, ACB , ... The large-cap group also had only 2 codes that kept the green color: BCM and GVR.

At the end of the morning session on March 8, VN-Index decreased by 11.23 points, equivalent to 0.89% to 1,257.23 points. The entire floor had 88 stocks increasing and 380 stocks decreasing. HNX-Index decreased by 0.39 points to 236.98 points. UPCoM-Index decreased by 0.3 points to 91.3 points.

VN-Index performance on March 8 (Source: FireAnt).

Entering the afternoon session, the profit-taking psychology became stronger, selling pressure spread, causing the decline to deepen. Only 2 groups escaped the adjustment: media, tourism and entertainment.

At the end of the trading session on March 8, VN-Index decreased by 21.11 points, equivalent to 1.66% to 1,247.35 points. The entire floor had only 89 stocks increasing but 408 stocks decreasing, 55 stocks remaining unchanged.

HNX-Index decreased by 1.04 points to 236.32 points. The entire floor had 62 stocks increasing, 112 stocks decreasing and 64 stocks remaining unchanged. UPCoM-Index decreased by 0.37 points to 91.23 points. In the VN30 basket alone, 29 stocks decreased in price.

After a long wave of increase, investors took profit in the banking group, making this sector's stocks a burden in today's session. BID led the decline when it took away 3.1 points from the market, followed by CTG and TCB when it took away 1.7 and 1.4 points, respectively. The three codes MBB, TCB, and VPB were also in the top 10 stocks with negative impacts.

The securities group also suffered adjustments when red covered most of the stocks, the bright spots were AGR, CTS, APS, VFS, TCI going against the trend to increase points. The highlight of the session was VND with orders matching up to 65.5 million units despite closing at the reference level, in addition, SHS matched orders of nearly 40 million units, VIX matched orders of 38 million units.

Liquidity today compared to previous session.

The total value of matched orders in today's session was VND35,873 billion, up 23%, of which the value of matched orders on the HoSE floor reached VND32,502 billion, up 30%. In the VN30 group, liquidity reached VND14,104 billion.

Foreign investors net sold for the fourth consecutive session with a value of 665.7 billion VND today, of which this group disbursed 1,777 billion VND and sold 2,443 billion VND.

The codes that were sold strongly were VNM 127 billion VND, VPB 106 billion VND, KBC 80 billion VND, VND 68 billion VND, SSI 65 billion VND,... On the contrary, the codes that were mainly bought were KDH 71 billion VND, DGW 64 billion VND, DGC 36 billion VND, DRC 32 billion VND, IDC 27 billion VND,... .

Source: https://www.nguoiduatin.vn/ap-luc-chot-loi-dang-cao-vn-index-roi-21-diem-a653121.html