Blue-chip stocks were sold heavily

SGGPO May 23, 2023 17:04

In the basket of 30 stocks with the highest market capitalization and liquidity, only 6 stocks remained green, the remaining 24 stocks all decreased.

Blue-chip stocks are in red

The Vietnamese stock market was less optimistic in the trading session on May 23 as investors sold off large-cap stocks.

Specifically, in the group of large bank stocks, onlyACB and HDB remained green, while many other stocks such as VCB, BID, TCB, CTG, VPB, MBB, STB, VIB... all decreased from nearly 1 to 1.5%.

In particular, the group of securities stocks had strong differentiation, many codes turned to decrease such as SSI decreased by 0.22%, VCI decreased by 1.02%, decreased by 1.12%, BSI decreased by 1.38%, meanwhile, VND increased by 1.54%, HCM increased by 1.72%, FTS increased by 1.09%, TVS increased by 1.98%.

Many large stocks in other groups such as real estate, food and beverage, information technology, oil and gas... all decreased. Of which, SAB decreased by 1.06%, VNM decreased by 1.76%, MSN decreased by 2.22%, GAS decreased by 1.58%, NVL decreased by 1.12%, KDH decreased by 1.35%, KBC decreased by 1.65%, NLG decreased by 2.1%, VCG decreased by 1.46%, SCR decreased by 1.76%... pulling VN-Index down by nearly 5 points.

In this trading session, foreign investors also turned to net sell nearly 605 billion VND on HoSE floor.

At the end of the trading session, VN-Index decreased by 4.79 points (0.45%) to 1,065.85 points with 266 stocks decreasing, 139 stocks increasing and 67 stocks remaining unchanged. At the end of the session at Hanoi Stock Exchange, HNX-Index also decreased by 0.11 points (0.05%) to 215.79 points with 85 stocks decreasing, 81 stocks increasing and 167 stocks remaining unchanged.

Market liquidity remains at a fairly good level with the total transaction value on the two official exchanges reaching over VND14,400 billion.

Source: https://www.sggp.org.vn/co-phieu-blue-chips-bi-ban-manh-post690826.html