Nearly 2.4 billion USD in stock transactions, setting a record for liquidity

Stock market turns down with liquidity increasing to new record level

The stock market has turned around after days of high growth. At the end of today's session (July 29), the VN-Index fell 25.66 points, or 1.65%, to 1,531.76 points. The HNX-Index also fell 8.43 points, or 3.2%, to 255.36 points. Notably, this session saw more than VND63,280 billion traded, equivalent to nearly USD2.4 billion.

This is the record liquidity of the Vietnamese stock market after 25 years of operation. The cash flow participating in transactions this session increased by more than 20% compared to yesterday. The liquidity on the HOSE floor alone also set a new record with more than 2.14 billion shares and fund certificates traded, reaching a value of nearly VND55,000 billion, equivalent to more than USD2 billion.

Nearly 2.4 billion USD in stock transactions, setting a new record on session 29.7 PHOTO: NGOC THANG

The market fluctuated strongly with a clear correction trend right from the beginning of the session. A series of stock groups fluctuated violently as selling pressure increased from investors. However, outside cash flow waiting to buy low-priced stocks also poured in strongly, helping liquidity increase dramatically. Many groups of securities, real estate, banking stocks, etc. decreased sharply in price and were accompanied by large trading volumes.

Of which, all 30 blue-chip stocks in the VN30 basket on the HOSE were in that color. At the end of the session, 4 stocks plummeted to the floor price, including MSN, HDB, SSI and TPB. At the same time, some stocks also almost fell to the floor price, such as MBB, SHB , VJC, LPB... Many securities stocks fell sharply to the limit, such as SSI, VCI, VDS, VND, VIX, HCM, FTS, BSI, EVS, CTS... Similarly, a series of real estate stocks were also sold off strongly and fell to the floor price at the end of the session, such as DXG, NLG, NVL, PDR, NTL, SGR, QCG, SZC...

Some stockbrokers said that the correction after a long increase is completely normal. Investors do not need to worry too much but should not chase hot stocks and prioritize holding stocks in advance to wait for a gradual decrease. However, there are still many opinions that with the sharp price drop and large volume, this is the end of the recovery of the stock market. Investors need to be cautious, reduce the proportion of margin used and wait for the recovery to increase the sale of stocks...

Source: https://thanhnien.vn/gan-24-ti-usd-giao-dich-chung-khoan-lap-ky-luc-ve-thanh-khoan-18525072915233607.htm