Foreign investors cool down net buying, causing VN-Index to return to negative trend

In yesterday's session (March 13), the news of the collapse of Silicon Valley Bank (SVB) seemed to have no impact on the Vietnamese market, as the VN-Index reversed slightly from a slight decrease at the beginning of the session. In today's session, the market was under pressure to correct and fall below the reference point when it opened.

At the end of the morning session on March 14, VN-Index decreased by 11.16 points, equivalent to 1.06% to 1,041.64 points. HNX-Index decreased by 3.02 points, equivalent to 1.47% to 202.83 points. UPCoM-Index decreased by 0.56 points, equivalent to 0.73% to 75.82 points.

VN-Index performance (Source: FireAnt).

At the end of the trading session on March 14, VN-Index decreased by 12.67 points, equivalent to 1.2% to 1,040.1 points. The entire floor had 56 stocks increasing in price, 365 stocks decreasing in price and 40 stocks remaining unchanged. Trading volume reached nearly 621.2 million units, equivalent to more than 11,447 billion VND.

In the same direction, HNX-Index decreased by 3.3 points, equivalent to 1.6% to 202.55 points. The whole floor had 57 stocks increasing in price, 115 stocks decreasing in price and 54 stocks remaining unchanged. Trading volume reached more than 78 million units, equivalent to more than 1,140 billion VND.

UPCoM-Index decreased 0.16 points, equivalent to 0.8% to 75.77 points. Trading volume reached more than 35.2 million units, equivalent to more than 447 billion VND. The whole floor had 88 stocks increasing in price, 164 stocks decreasing in price and 63 stocks remaining unchanged.

At the end of the session, most industry groups turned red and had a negative impact on the market. Of which, the banking group had 20 codes turning red while only 4 codes increased in price. The banking group codes that negatively affected the market were BID down 2.59%, STB down 2.4%,ACB down 1.84%, TCB down 1.68%.

Also negatively affecting the market, the oil and gas group fell sharply by 3.09%, in which PVS fell by 4.6%, PVD fell by 5.94%, PVC fell by 4.58%, PSH fell by 6.5%.

The stock group generally had a downward trend as SSI ended the session down 3.05%, VND ended the session down 3.45%, HCM ended the session down 4.58%, APG dropped to a record low of 6.98%. In the insurance group, only BLI remained green, the rest of the industry was red as MIG ended the session down 2.02%, BVH down 1.62%, BMI down 4.74% and VNR down 1.32%.

Foreign investors' net buying cooled down today with a total value of 385 billion VND. The stocks that were bought heavily were VHM 69 billion VND, SSI nearly 61 billion VND, HSG more than 60 billion VND, POW nearly 58 billion VND, VNM 30 billion VND,... On the contrary, the stocks that were sold heavily were mainly E1VFVN30 31 billion VND, STB nearly 29 billion VND, VCB 17 billion VND, HCM 8 billion VND,... .

Source: https://www.nguoiduatin.vn/khoi-ngoai-ha-nhiet-mua-rong-khien-vn-index-tro-lai-xu-huong-tieu-cuc-a597835.html