Real estate stocks go against market trends

Green appeared at the beginning of the session, VN-Index opened slightly up 2 points, on HoSE floor, more than 60% of stocks were increasing in price, most notably Vin stocks with VIC, VHM continued to lead the large-cap group to create momentum for the index.

By mid-session, the market could not maintain its gains as the banking group was holding down the index, with more than half of the stocks in this group sinking into the red. As the session progressed, the market weakened and gradually decreased, and the number of stocks that turned around also increased.

At the end of the morning session on August 10, VN-Index decreased by 0.26 points, equivalent to 0.02% to 1,233.73 points. The entire floor had 199 stocks increasing, 243 stocks decreasing. HNX-Index increased by 0.45 points, equivalent to 0.18% to 246.32 points. UPCoM-Index decreased by 0.16 points, equivalent to 0.17% to 93.65 points.

Finance - Banking - Real estate stocks go against market trends — Impact of industry groups on the market.

In the afternoon session, the market widened its decline with the index gradually retreating, liquidity was no longer as strong as in previous sessions, almost all large stocks turned red, foreign investors also shared the same net selling trend as domestic investors.

At the end of the trading session on August 10, VN-Index decreased by 13.38 points, equivalent to 1.08% to 1,220.61 points. The entire floor had 118 stocks increasing, 371 stocks decreasing and 45 stocks remaining unchanged.

HNX-Index decreased by 1.97 points, equivalent to 0.8% to 243.91 points. The entire floor had 64 stocks increasing, 125 stocks decreasing and 56 stocks remaining unchanged. UPCoM-Index decreased by 0.7 points to 93.1 points. The VN30 basket alone recorded 24 stocks decreasing in price.

Going against the market trend, only real estate stocks remain, with VIC still leading the market with an increase of 3.19%, followed by a series of small and medium-sized stocks such as NVL, CEO, DTA, HPX, L14, NBB, TIX, VRC, etc.

However, the group that put the most pressure on the market was the seafood processing group with VHC down 3.46%, ANV down 2.02%, IDI down 2.4%, FMC down 1%, CMX down 3.9%,... and only 3 stocks stopped at the reference level: ACL, BLF, AAM.

Finance - Banking - Real estate stocks move in the opposite direction of market movements (Figure 2). — XDC stock performance from the beginning of the year until now (Source: TradingView).

A stock that once held the highest price on the XDC stock exchange has also seen a dramatic drop of 600,000 VND/share, with a surplus of 2,600 units for sale. At the same time, this stock is also currently under warning by HNX.

The total order matching value in the session reached VND23,779 billion, down 4% compared to the previous session, of which the order matching value on HoSE alone reached VND20,231 billion, down 3% compared to the previous session. In the VN30 group, liquidity reached VND6,713 billion.

Foreign investors turned to net selling when the market had negative developments with the value of today's session at 342.34 billion VND, of which this group disbursed 1,144 billion VND and sold 1,487 billion VND. The codes that were strongly bought were mainly VNM 63 billion VND, VIC 55 billion VND, CTD 26 billion VND, CTG 16 billion VND, HPG 16 billion VND... On the contrary, the codes that were strongly sold were MSN 78 billion VND, VPB 60 billion VND, SSI 49 billion VND, VCB 45 billion VND,... .

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