ANTD.VN - The stock market fell again, losing almost all of the gains made in yesterday's session when the VN-Index lost 13.37 points. Securities, real estate, and banking stocks were under strong profit-taking pressure.
After yesterday's strong increase, the stock market returned to cautious trading today, investors seemed not to trust the market's recovery trend. Cash flow slowed down at the beginning of the session, except for some groups of steel, transportation, and seafood stocks that still received investors' attention.
After slight fluctuations at the beginning of the session, VN-Index has completely retreated below the reference and continuously widened its decline as large stocks were under pressure to correct.
At the end of the morning session, VN-Index decreased by 6.03 points (-0.49%), down to 1,220.08 points. HNX-Index also decreased by 0.73 points (-0.29%), down to 254.09 points; UpCoM-Index decreased by 0.53 points (-0.57%), down to 92.82 points.
Market transactions were relatively quiet, with liquidity reaching less than VND10,000 billion in the three floors in the morning session.
The stock market suffered strong profit taking in today's session. |
In the afternoon session, selling pressure continued to increase, especially in securities, banking, and real estate stocks. These are the three groups of stocks that increased quite well in yesterday's session.
All stock codes today are in a state of decline, in which, BSI hit the floor; SSI, VND, MBS, CTS, FTS, SHS, AAD, AGR, TVS... all decreased by more than 4%, the remaining codes, except for VPS which stood still, all decreased by more than 3%.
Today, many real estate stocks also had strong profit-taking, although the decrease was not too deep, such as VIC, PDR, DXG, DIG, CEO, TDH, QCG... On the contrary, PTL hit the ceiling today.
In the banking group, only OCB and BVB increased, the rest closed the session in red or remained unchanged. The decrease of the stocks was not too deep, around 1-3%.
In the group of large stocks, there were 4 codes that increased in price with an increase of less than 1%, including VRE, PLX, GVR, BCM. Two codes kept the reference price, HPG, SSB, the rest all decreased quite sharply.
At the end of the session, VN-Index extended its increase by 13.37 points (-1.09%) to 1,212.74 points; HNX-Index decreased by 2.95 points (-1.16%) to 251.87 points; UPCoM-Index decreased by 0.96 points (-1.02%) to 92.39 points.
Cash flow entered the market better when stocks adjusted with market liquidity reaching more than VND 26,700 billion, focusing on codes SSI, NVL, VIC, HPG...
Foreign investors continued to increase net selling by nearly 500 billion VND during the session.
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