Red color suddenly spreads, VN-Index drops nearly 11 points

The growth of the banking group slowed down, while many investors sold heavily to take profits from real estate stocks, causing the VN-Index to fall nearly 11 points.

At the close of trading today (August 15), VN-Index decreased by 10.69 points (0.65%) to 1,630 points, HNX-Index decreased by 2.81 points (0.99%) to 282.34 points, UPCoM-Index decreased by 0.34 points (0.31%) to 109.61 points.

Market liquidity was pushed up, with total transaction value reaching VND 65,567 billion, equivalent to nearly 2.4 billion shares.

On HoSE, liquidity increased by 12% compared to the previous session, reaching over VND59,060 billion. The banking group no longer played a supporting role but became the main drag, taking away more than 2.3 points from the VN-Index.

The two bank stocks MBB and VPB closed with only slight increases, with VPB +1% to VND31,100, matching 64.8 million units and MBB +2.4% to VND28,250, but recording a record matching session with more than 117.4 million units.

In the real estate group, green only appeared in some codes such as CII (+5.8%), VGC (+2%), VRE and VHM increased slightly, VIC kept the reference price. On the contrary, many codes decreased sharply such as QCG (-5.4%), TCH (-5%), NLG (-4.9%), CEO (-4.7%), LDG (-4.4%), DIG (-4.3%), HPX (-4.1%), NVL (-4%), L14 (-3.7%), VPH (-3.6%).

Red spread, VN-Index decreased nearly 11 points.

Selling pressure increased towards the end of the session, causing the indices to narrow their gains and retreat to around the reference level. The VN-Index and VN30-Index even turned red after many large-cap stocks reversed their declines. The VN30 basket recorded 17 stocks falling and 10 stocks rising. BID, CTG, TCB, STB and LPB were the stocks with the most negative impact, while VIC, MBB, VCB and VPB contributed positively.

Regarding foreign transactions, foreign investors continued to net sell a record 3,089 billion VND across the market.

On HOSE, foreign investors net sold nearly 3,016 billion VND, of which VIX stock was the most net bought by foreign investors in the whole market with a value of 174 billion VND. Following, a series of stocks such as VND, CII, HCM and KDH were also in the top net bought with a value of about 54-89 billion VND each.

On the contrary, HPG shares continued to be the code that foreign investors sold net 700 billion VND;FPT and MBB were also "dumped" strongly, respectively 509 billion and 500 billion VND. Next, the codes that were sold strongly on HOSE were VPB and VCB with values of 279 billion and 225 billion VND, respectively.

On HNX, foreign investors net sold about 29 billion VND, IDC shares were net sold strongly on HNX with a value of 61 billion VND.

On UPCOM, foreign investors also net sold 44 billion VND, in which ACV and MCH shares were net sold strongly with a value of 20 - 21 billion while VEA was net sold 15 billion.

Ngoc Vy

Source: https://vtcnews.vn/sac-do-bat-ngo-lan-rong-vn-index-giam-gan-11-diem-ar960034.html