Stocks fell more than 10 points again before the historic upgrade moment

(Dan Tri) - The market fell sharply due to the impact from the banking group. Foreign investors continued to net sell more than 1,340 billion VND.

The stock market today (October 7) unexpectedly dropped after an exciting trading day yesterday. At the end of the session, VN-Index decreased by 10.2 points to 1,685.3 points. Liquidity on HoSE maintained more than 25,000 billion VND.

The VN30 large-cap stocks were also red with 21 stocks down and 2 stocks flat. Only 7 stocks increased slightly, of which LPB increased the most by 1.54%, SSI increased by 1.37%. Together with VPL increasing by 6.91%, the trio LPB, VPL and SSI had the most positive impact on the general index.

However, the sharp decline of banking stocks such as STB, VPB, MBB, TCB,ACB , EIB... pulled down the index.

Group of stocks strongly affecting the index (Screenshot).

Foreign investors continued to net sell more than 1,340 billion VND, with stocks being sold heavily such as STB, VRE, VHM,SHB , SSI, VPB, MBB, MSN.

Vietnam's stock market is nearing the time to be upgraded to emerging market status on the morning of October 8, Vietnam time. FTSE Russell will officially announce the results of the classification for upgrading.

Many domestic securities companies have predicted that Vietnam may be approved for an upgrade by FTSE Russell. It is estimated that about 30 Vietnamese stocks will be added to the portfolios of index funds, thereby attracting at least 1 billion USD in passive capital flows.

The upgrade is also considered a strategic milestone, opening up opportunities for new cash flows and new foreign funds to participate in the Vietnamese stock market next year.

Source: https://dantri.com.vn/kinh-doanh/chung-khoan-lai-giam-hon-10-diem-truoc-thoi-khac-nang-hang-lich-su-20251007152204582.htm