Stock market experienced significant fluctuations on May 20th.

SKĐS - The Vietnamese stock market (VN-Index) experienced very strong fluctuations on May 20th, leaving investors on edge.

The VN-Index fluctuated at times by as much as 50 points, especially towards the end of the morning session and the beginning of the afternoon session.

Amid the sudden market volatility, investors rushed to sell, spreading selling pressure. However, an unexpected influx of capital into large-cap stocks helped the overall index "come back from the dead," reversing course to a mere 0.30 point (+0.02%).

The VN-Index situation on May 20th.

The spectacular reversal on May 20th helped the VN-Index return to the 1,913.23 point level, thereby helping investors regain their spirits and stabilize their psychology for the following trading sessions.

Despite reversing course and gaining over 50 points, 239 stocks still closed in the red on the HSX exchange, while 79 stocks rose.

The market showed divergence across all sectors. In the real estate sector, capital flows were concentrated in VIC (+0.71%), VHM (+1.85%), PHR (+6.88%), GVR (+2.87%), and BCM (+2.41%).

The banking sector saw significant capital inflows, with VCB rising +0.31%, LPB +1.36%, and TPB +0.98%.

The oil and gas sector showed relatively balanced performance, with BSR (+2.09%), PVS (+3%), and PVC (+1.91%) all in the green. Conversely, POW, PVB, OIL, DPM, and DCM shares were in the red.

Liquidity on May 20th showed relatively good growth compared to the past month. According to VPS data, liquidity on the HSX reached over 31,700 billion VND, HNX over 1,600 billion VND, and UpCom over 900 billion VND. The total trading value across the entire market reached over 33,300 billion VND.

Foreign investors continued their familiar net selling activity with over 700 billion VND. The focus of foreign selling was on MBB (-225.91 billion VND),ACB ( -141.19 billion VND), HDB (-92 billion VND), etc.

Conversely, foreign investors heavily bought VCB shares worth over 303 billion VND, followed by VIC at 216.24 billion VND,FPT at 191.39 billion VND, and so on.

Source: https://suckhoedoisong.vn/chung-khoan-phien-20-5-bien-dong-manh-169260520155908205.htm