The 1,200 point mark is "threatened", but oil and gas stocks still stand firm

Opening in light green following the US market yesterday, VN-Index had an ATO session increase of 3.16 points, equivalent to 0.26% to 1,214.97 points. In particular, the group of oil and gas stocks is still performing well with PVB up 1.36%, PVC up 3.13%, PVS up 1.56%, ...

However, the increase did not last long, the market was immediately overwhelmed by selling pressure and fell straight to the historical mark of 1,200 after many efforts to increase prices. The deeper it went, the stronger the selling pressure became, along with that, stocks of all industry groups simultaneously showed red.

At the end of the morning session on September 19, VN-Index decreased by 6.43 points, equivalent to 0.53% to 1,205.38 points. The entire floor had 131 stocks increasing, and 347 stocks decreasing. HNX-Index decreased by 1.3 points, equivalent to 0.52% to 249.18 points. UPCoM-Index decreased by 0.41 points, equivalent to 0.45% to 92.76 points.

VN-Index developments on September 19 (Source: Fire Ant).

In the afternoon session, red still dominated the banking and securities stocks, which were showing the sharpest decline. At times, the VN-Index even regained an increase above the reference level, but immediately after that, it still dropped to around 1,200 points. Foreign investors continued to net sell on HoSE.

At the end of the trading session on September 19, VN-Index decreased by 0.31 points, equivalent to 0.03% to 1,211.5 points. The entire floor had 255 stocks increasing, 244 stocks decreasing and 66 stocks remaining unchanged.

HNX-Index decreased by 0.26 points, equivalent to 0.1% to 250.22 points. The entire floor had 86 stocks increasing, 84 stocks decreasing and 64 stocks remaining unchanged. UPCoM-Index decreased by 0.1 points to 93.07 points. In particular, the VN30 basket recorded 12 stocks decreasing in price.

The market at the end of the session found a more balanced point, accordingly, the group of stocks with the strongest decline is currently only real estate with a slight impact of 0.7%, for example VIC decreased by 2.45%, VRE decreased by 0.36%, NVL decreased by 4.68%, KBC decreased by 0.28%, ... however, on the increase side, there are still VHM, PDR, DIG, VPI, TCH, KOS, ....

However, the mining and oil and gas group still maintained positive profits thanks to the increase of PVS, KSV, DHA, PVC, PVB, THT, TNT, etc., which helped this group avoid the impact of the VN-Index's decline. This was even the only group with a continuous increase throughout the trading session.

Stock impact on the general market.

The total order matching value in the session reached VND26,167 billion, up 15% compared to the previous session, of which the order matching value on HoSE alone reached VND23,341 billion, up 18%. In the VN30 group, liquidity reached VND9,353 billion.

Foreign investors continued to net sell with a value of up to 375.96 billion VND in this session, of which this group disbursed 1,645.8 billion VND and sold 2,021 billion VND.

The codes that were bought heavily were mainly DXG 18 billion VND, VIX 16 billion VND, DGC 15 billion VND, MWG 15 billion VND... On the contrary, the codes that were sold heavily were HPG 74 billion VND, HCM 62 billion VND, STB 60 billion VND, VIC 39 billion VND, VCI 37 billion VND, ...

Source: https://www.nguoiduatin.vn/moc-1-200-diem-bi-de-doa-co-phieu-dau-khi-van-tru-vung-a627189.html