Stocks unexpectedly plummeted, losing a record 95 points, with many stocks hitting their lower limit.

Investors sold off shares en masse at the end of trading on October 20th. The stock market shifted from red to light green, with numerous stocks hitting their lower limit.

Numerous stocks plummeted to their lowest possible price, leaving investors' accounts in deep losses.

The stock market closed the first trading session of the week with a mix of red and green dominating the board. The VN-Index caused a "shock" by unexpectedly plummeting to 1,636.43 points, equivalent to a drop of nearly 95 points.

Selling pressure spread in the final minutes, as investors simultaneously dumped shares, causing the index to plummet. Panic gripped the market, dragging most sectors into the red.

This was the sharpest single-day drop in points in the history of the Vietnamese stock market, surpassing even the record plunge in April of this year.

Previously, the VN-Index lost approximately 88 points (-6.68%) in the first trading session of April, when the US announced retaliatory tariffs of up to 46% on goods imported from Vietnam, causing the market to plummet to 1,229.84 points.

Notably, today's decline occurred unexpectedly near the end of the trading session, around 2 PM. Prior to that, the VN-Index had been fluctuating in the range of a 15-25 point drop.

The VN30 basket – representing large-cap stocks – experienced an even more brutal downturn, plummeting by over 106 points with all 30/30 stocks experiencing sharp declines or hitting their lower limit.

Across the entire market, 775 stocks declined, 150 hit their lower limit, while only 125 stocks remained in positive territory.

In particular, a series of leading stocks such as HPG, SSI, VRE, MSN, HDB,SHB , TCB, VPB… fell to their lower limit. The Vingroup group also faced significant downward pressure, with VIC losing 4.46% of its market value and VHM falling 6.9%...

In terms of sectors, real estate, securities, and banking continue to be the main targets of heavy selling by investors.

Specifically, banks lost nearly 6%, stocks fell 6.84%, and real estate also suffered a significant drop of 5.8%.

Widespread selling pressure led to a sharp increase in market liquidity, with nearly 2 billion shares changing hands, bringing the total transaction value to nearly 59,000 billion VND.

According to reports, this is the sharpest correction since the beginning of April, when news of the US imposing retaliatory import tariffs caused the market to plummet for several consecutive sessions. This time, the heavy selling pressure was concentrated in blue-chip stocks.

While most sectors weakened, some groups maintained slight gains, such as technology and telecommunications – led by VGI (+4.75%), CTR (+3.88%), VTP (+4.5%) – and construction, materials, and chemicals (CTI, DCM, DPM, BMP). This group received significant support from net buying by foreign investors.

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BINH KHANH

Source: https://tuoitre.vn/chung-khoan-bat-ngo-roi-thang-dung-mat-ky-luc-95-diem-la-liet-ma-nam-san-20251020151745709.htm