Weakening cash flow causes VN-Index to fall by more than 3 points.

Liquidity decreased by more than 6,000 billion VND today compared to the previous session as investors continued to choose to observe from the sidelines, causing the index to fall by more than 3 points from the reference point, to 1,258 points.

Liquidity decreased by more than 6,000 billion VND today compared to the previous session as investors continued to choose to observe from the sidelines, causing the index to fall by more than 3 points from the reference point, to 1,258 points.

Prior to the trading session on October 30th, some experts suggested that the market might experience short-term rebounds in the coming sessions. However, according to this group of experts, investors should still exercise caution, avoiding chasing or panic selling in short-term transactions.

The reality proved otherwise, with the VN-Index opening in positive territory today. However, this trend didn't last long as selling pressure intensified from mid-morning. The index representing the Ho Chi Minh City stock exchange gradually fell below the reference level and remained there until closing. The VN-Index closed at 1,258.63 points, down 3.15 points from the previous session.

Sellers dominated, with 210 stocks declining while only 163 closed in positive territory. The large-cap basket saw a similar trend, with 17 stocks falling and only 8 closing above their reference price.

Two Vingroup stocks topped the list of the 10 stocks with the most negative impact on the VN-Index. Specifically, VHM fell 3.74% to 41,150 VND, while VIC decreased 0.85% to 41,000 VND.

The remaining stocks on the list above come from various sectors such as food, retail, oil and gas, etc. Specifically, VNM lost 1.04% to 66,300 VND, GVR lost 0.76% to 32,700 VND, MWG lost 0.75% to 66,000 VND, and PLX lost 1.19% to 41,400 VND.

Most steel stocks also fell into negative territory. Specifically, HSG dropped 1.7% to 20,350 VND, TLH fell 0.6% to 5,140 VND, NKG dropped 0.5% to 20,650 VND, and HPG fell 0.2% to 27,000 VND.

Similarly, the fertilizer sector also put pressure on market movements. Specifically, BFC fell 3.4% to VND 39,700, DCM fell 1.3% to VND 37,600, and DPM fell 1% to VND 34,600.

Conversely, bank stocks acted as a pillar supporting the market today. Specifically, TCB led the ranking of stocks with the most positive impact on the VN-Index, rising 1.05% to 24,000 VND. Following closely were STB, up 2.2% to 34,800 VND; BID, up 0.32% to 47,700 VND;VIB , up 1.33% to 19,000 VND; LBP, up 0.77% to 32,550 VND; and TPB, up 0.88% to 17,250 VND.

Market liquidity today reached VND 12,700 billion, a decrease of VND 6,120 billion compared to the previous session. This value came from approximately 537 million shares changing hands, down 338 million units from yesterday's session. The VN30 basket contributed nearly VND 7,218 billion to the trading value, corresponding to 228 million shares successfully matched.

VHM led in liquidity value with approximately 1,333 billion VND (equivalent to 31.8 million shares). The following stocks lagged far behind the leader. Specifically, STB reached a value of over 591 billion VND (equivalent to 17.1 million shares), MWG approximately 589 billion VND (equivalent to 8.9 million shares), MSN over 437 billion VND (5.6 million shares), and VIB nearly 413 billion VND (equivalent to 21.7 million shares).

Foreign investors have been net sellers for five consecutive sessions. Specifically, this group sold over 51 million shares, equivalent to a transaction value of VND 1,666 billion, while only disbursing approximately VND 1,524 billion to purchase nearly 51.4 million shares. The net selling value therefore reached VND 142 billion.

On the Ho Chi Minh City stock exchange, foreign investors focused on selling MSN shares with a net value of over 90 billion VND, followed by STB with approximately 84 billion VND. Conversely, foreign investor capital concentrated on VPB with a net value of about 141 billion VND, TCB attracted nearly 125 billion VND, andFPT attracted about 109 billion VND.

Source: https://baodautu.vn/dong-tien-suy-yeu-vn-index-giam-hon-3-diem-d228762.html