Stock market session 11/25: Stronger selling pressure at the end of the day, VN-Index turns to adjust

The market turned around and had a slight correction session on November 25. At the close, VN-Index lost 7.62 points, equivalent to a decrease of 0.46%, ending the session at 1,660.36 points.

The index was supported by pillar stocks for most of the trading session and surpassed the 1,670-point mark. Similar to yesterday's session, the index was green even though most stocks on the floor were still red. Until the second half of the session, from 2 p.m., selling pressure increased and pushed the index below the reference level.

HoSE recorded only 75 stocks increasing in price while the number of stocks decreasing was 3 times higher. In VN30 basket, the number of stocks decreasing was also dominant throughout the session.

Previously, only 8 stocks increasing in price were enough to carry the whole VN30 basket, the index was still green. In the afternoon session, some stocks deteriorated such as HPG, MWG, STB, VRE, the whole basket had 5 stocks increasing and could no longer balance the price decrease side.

Looking at the heat map of the entire market, in the largest capitalization group, we can only see green in VIC, HDB, VPL and VJC.

Market heat map session 11/25.

VIC and VPL are still increasing in price, becoming the two strongest stocks pulling the index. VPL was positive from the beginning of the session with a high increase (+4.62%) while VIC continued to set a new peak with an increase of 1.46%. However, unlike yesterday's session, VRE and VHM were adjusted down in price with reduced liquidity.

Continuing the positive growth momentum in the previous 3 sessions, VJC attracted attention again when it had a ceiling price increase of 6.98%, going against the trend of the whole market and becoming the only purple color in the VN30 basket. With a closing price of 219,100 VND/share, this is also the highest price in history of Vietjet Air stock.

On the other hand, financial stocks fell sharply, weighing down the index. Among the 8 stocks that had the most negative impact on the VN-Index, 7 were in the financial securities group, including a series of banking stocks VPB, VCB, BID, TCB, CTG, MBB and a securities stock SSI.

VNFINLEAD index fell 1.54% today. The entire banking group in the market was correct, only HDB and LPB increased in price while the biggest loser was EIB (-4.97%) and 14 other stocks lost more than 1%.

The situation is also not optimistic for the securities group. SSI was sold heavily, with a trading value of over VND 1,765 billion, the stock with the largest trading value on the market with a trading volume 5 times higher than yesterday's session, and its market price decreased by 4.51%. At the same time, this leading stock in the securities industry was also sold off the most by foreign investors on the floor with a net selling value of over VND 192 billion.

Despite falling 4.51%, SSI is still not the stock with the biggest loss in the industry today. APS fell 6.33% and CTS fell 4.86%. In addition, SHS also lost over 4% of its value.

The stock market was dyed red. Although there were still some stocks increasing, most of them were in the small-cap group such as VFS, IVS, CSI...

Along with SSI, VIX also continued to be sold off in the session, down 2.76%. Along with SSI andSHB , VIX was in the top 3 stocks with the largest trading value on the floor with more than 1,200 billion VND in trading value during the session.

Liquidity on HoSE was higher but mainly increased in the afternoon selling session. Trading volume increased by 58% and trading value exceeded 1 billion USD but stocks were adjusted widely. The main index decreased not too much but mainly due to pillar stocks. Overall, investor accounts were significantly depleted.

Foreign investors continued to net sell even though their purchasing power increased compared to yesterday's session. Today, this group net bought HDB, VNM,FPT , HPG... while selling SSI, VIC, VHM, VRE,... Net selling value on HoSE reached 356 billion VND.

Source: https://baodautu.vn/chung-khoan-phien-2511-suc-ban-manh-hon-vao-cuoi-ngay-vn-index-quay-dau-dieu-chinh-d440973.html