Investors rushed to dump stocks, stocks lost more than 30 points

The selling pressure became stronger towards the end of the session. The index closed at 1,652 points on the afternoon of October 27, down nearly 31 points from the reference and extending the decline to the second session.

The VN-Index plummeted by 30.64 points (-1.82%) and closed at its lowest price of the day.

Consequently, investors massively sold off many large-cap stocks such as MWG, VHM, and VRE, causing the index to plummet in the final minutes of the trading session, losing more than 30 points.

At the close of trading on the afternoon of October 27th, the HOSE exchange had 143 gainers and 178 losers, with the VN-Index falling 30.64 points (-1.82%) to 1,652.54 points.

Total trading volume reached nearly 969.6 million units, with a value of VND 30,705 billion, a slight increase of 3.1% in volume and 4.14% in value compared to the October 24th session. Block trades contributed 66.6 million units, with a value of over VND 2,860 billion.

The VN30 group closed the session down nearly 45 points, with 24 stocks declining and only 5 stocks rising. Notably, VHM and VRE both fell by the maximum allowed limit of 7%.

At the close of the afternoon session on October 27th, the HNX exchange saw 64 gainers and 72 losers, with the HNX-Index falling 1.92 points (-0.72%) to 265.36 points. Total trading volume reached over 102.2 million units, valued at 2,291 billion VND. Block trades contributed over 11 million units, valued at 172.5 billion VND.

Despite the sharp decline in the index, a positive sign is the improved liquidity. The total trading value on the Ho Chi Minh City Stock Exchange reached over 30,700 billion VND, with large-cap stocks contributing more than 16,000 billion VND.

Previously, a report from MB Securities' analysis team stated that the dominant trend of the stock market is currently sideways. The team advised investors to observe the divergence between the VN-Index and many individual stocks, meaning that while the index may experience strong rebounds at times, the majority of stocks do not increase.

Source: https://baotintuc.vn/kinh-te/nha-dau-tu-o-at-xa-hang-chung-khoan-mat-hon-30-diem-20251027160534660.htm