Foreign investors net sold more than 1,650 billion VND, causing VN-Index to lose nearly 12 points.

Selling pressure from foreign investors caused the VN-Index to lose nearly 12 points in the session on November 19, down to 1,205 points, the lowest level in more than three months.

Selling pressure from foreign investors caused the VN-Index to lose nearly 12 points in the session on November 19, down to 1,205 points, the lowest level in more than three months.

After three consecutive sessions of decline, some experts believe that the market may have slow recovery sessions, investors need to continue to monitor the market's adjustment to the equilibrium zone and the stability of macro factors. In addition, investors should focus on stocks with good fundamentals and positive business prospects, and consider disbursing when pricing at attractive levels.

In reality, the opposite happened when the VN-Index opened above the reference but quickly sank into red in the middle of the morning session. The index representing the Ho Chi Minh City Stock Exchange gradually widened its decrease range after the lunch break. In the afternoon session, the index continued to fall deeply before closing at 1,205.15 points, losing 11.97 points from the reference and continuing a series of four consecutive sessions of decline.

Foreign investors continued to net sell today. Specifically, this group sold more than 79 million shares, equivalent to a transaction value of VND2,782 billion, while only disbursing VND1,224 billion to buy about 30 million shares. The net selling value accordingly reached VND1,658 billion. This is the highest net selling level in more than half a month.

On the Ho Chi Minh City Stock Exchange, foreign investors focused on selling DGC with a net value of more than VND128 billion, followed by TCH with VND30.6 billion and VHM with nearly VND29.4 billion. In contrast, foreign investors strongly bought VNM shares with a net value of nearly VND100 billion. VCB ranked next with a net absorption of VND40.4 billion, followed by BCM with more than VND32.8 billion.

Market breadth was completely skewed to the downside with 287 stocks closing in red, more than 3 times the number of stocks increasing. The large-cap basket was also on fire with 23 stocks closing below the reference, while only 6 stocks increased.

FPT became the strongest factor in pushing down the index, falling 3% to VND130,000 and leading the list of stocks with the most negative impact on the VN-Index. Banking stocks were also on the list. Specifically, VCB fell 1.1% to VND90,000, VPB and MBB both fell 1.07% to VND18,500 and VND23,150, respectively.

Most stocks in the securities group also fell into negative territory. Specifically, VIX fell 3.2% to VND9,850, BSI fell 2.6% to VND43,500, VCI and SHS both fell 2.3% to VND32,250 and VND12,900, respectively.

Similarly, the steel group put great pressure on the index representing the Ho Chi Minh City Stock Exchange. Specifically, HPG decreased by 1.4% to VND25,450, NKG decreased by 1.3% to VND18,900, HSG decreased by 1.1% to VND18,350 and TLH decreased by 0.4% to VND4,500.

In contrast, VHM increased by 3.43% to VND42,200, thereby becoming the market's support in today's session. The next positions in the list of stocks that positively impacted the VN-Index came from many different groups of stocks such as oil and gas, real estate, seaports... Specifically, PLX increased by 1.59% to VND38,300, NVL increased by 1.9% to VND10,750, VSH increased by 2.56% to VND52,000 and PDN increased by 6.66% to VND110,500.

Market liquidity today reached VND13,248 billion, down VND2,309 billion compared to the previous session. This value came from about 512 million shares changed hands, down 134 million units compared to yesterday's session. The VN30 basket contributed a trading volume of more than 207 million shares and liquidity of more than VND7,022 billion.

VHM ranked first in terms of order matching value, reaching approximately VND1,106 billion (equivalent to 26.5 million shares), followed by FPT with a liquidity value of more than VND1,000 billion (equivalent to 7.6). This figure far exceeded the following stocks, HPG with nearly VND406 billion (equivalent to 15.8 million shares) and MWG with more than VND308 billion (equivalent to 5.3 million shares).

Source: https://baodautu.vn/khoi-ngoai-ban-rong-hon-1650-ty-dong-khien-vn-index-mat-gan-12-diem-d230408.html