Down more than 23 points, VN-Index loses all-time high

After the VN-Index reached a peak of 1,557 points in the historic trading session yesterday (July 28), red returned to the HoSE floor, causing the index to lose its record high.

Opening the morning session on July 29, the VN-Index maintained its excitement and increased by 7 points, reaching nearly 1,565 points. However, at around 9:30 a.m., the VN-Index suddenly reversed direction and continuously widened its decrease range.

The selling pressure caused the market to fall more than 30 points at one point, down to 1,526 points. The VN30-Index, representing the large-cap basket, at one point lost nearly 40 points, with a series of stocks falling in price, including many large-cap stocks such as VHM, VJC, VIC, SSI, MWG, and BCM.

Market liquidity increased rapidly. After only 90 minutes of opening, more than 1 billion shares were successfully matched, equivalent to nearly 27,000 billion VND.

VN-Index dropped more than 20 points. (Screenshot)

At the end of the morning session, VN-Index decreased by 23.81 points (1.53%) to 1,533.61 points. Thus, not only did it lose its all-time high, but the index also temporarily lost the record set three years ago in 2022.

The entire HoSE recorded 258 stocks falling, more than 3 times higher than the 75 stocks rising. The large-cap basket was similar with 26 stocks falling, only 4 stocks rising. The VN30-Index fell 29.88 points (1.76%) to 1,665.75 points.

On the Hanoi Stock Exchange, the HNX-Index fell 1.18 points (0.45%) to 262.61 points. The entire exchange had 109 stocks falling, 49 stocks rising and 53 stocks remaining unchanged. The UpCom-Index fell 0.63 points to 106.31 points.

Regarding liquidity, in the morning session, more than 1.6 billion shares were successfully matched, equivalent to a total transaction value of more than 40,000 billion VND.

Lagerstroemia

Source: https://vtcnews.vn/giam-hon-23-diem-vn-index-mat-moc-cao-nhat-moi-thoi-dai-ar956851.html