Stock markets started the week in the red.

05/08/2024 12:55 Nhat Linh Print article

ANTD.VN - The stock market started the trading week on a negative note, with the VN-Index losing as much as 24.38 points in the morning session alone.

Despite a spectacular recovery at the end of last week, the strong downward pressure on US and European stock markets last weekend, and the sell-off in major Asian markets this morning, are causing concern among Vietnamese stock investors.

Furthermore, the rather negative sentiments about the stock market that emerged during the two-day holiday acted like a compressed spring, snapping open the moment trading began this morning.

The stock market started the new week on a negative note.

Immediately after the opening auction, the VN-Index lost 20 points, falling to 2,215 points. Following this freefall, the indices traded below this low point throughout the morning session and paused at their lowest price.

Specifically, the VN-Index fell 24.38 points (-1.97%), to 1,212.22 points. On the HOSE exchange, 395 stocks declined, while only 38 increased.

The HNX-Index also fell sharply by 4.28 points (-1.85%) to 227.28 points. On the exchange, there were 135 declining stocks and 33 rising stocks.

The UPCoM-Index fell 1.77 points (-1.89%) to 92.00 points.

Liquidity on all three exchanges remained low, reaching nearly 6,500 billion VND.

This morning, all 30 stocks in the VN30 index declined. The sharpest drops were seen in banking stocks such as SSB, TCB, GVR, and HDB, which fell by 3-4%. Other large-cap stocks like CTG, VHM, VIC, and HPG also experienced significant declines of over 2.6%.

Overall, in the morning session, apart from the telecommunications group, with VGI holding on and maintaining its positive performance, all the others were in the red.

Source: https://www.anninhthudo.vn/chung-khoan-khoi-dong-dau-tuan-do-ruc-post585099.antd