Red prevails again, Vietnamese stocks fall for third consecutive session

Trading in the market is still cautious and this causes market liquidity to decrease. Red is still dominant and VN-Index recorded a slight decrease.

Trading in the market is still cautious and this causes market liquidity to decrease. Red is still dominant and VN-Index recorded a slight decrease.

Entering the trading session on December 12, the green color spread across the electronic board, with the bluechip group leading, helping the VN-Index to improve. However, the increase was still cautious when the demand was not strong enough to create a clearer trend. The sellers were somewhat "softer" and not aggressive, helping the VN-Index maintain a good increase. However, selling pressure reappeared when the VN-Index approached the 1,275 point area. The index immediately "lowered" and fluctuated.

The market gradually weakened in the afternoon trading hours. Many stock groups began to fluctuate and the red color gradually increased. Demand remained weak in today's session and under high selling pressure, the VN-Index continued to close in red. At the end of the session, the VN-Index decreased by 1.51 points (-0.12%) to 1,267.35 points. The HNX-Index decreased by 0.19 points (0.08%) to 227.99 points. The UPCoM-Index decreased by 0.06 points (-0.06%) to 92.68 points. The whole market recorded 325 stocks increasing, while 365 stocks decreased and 887 stocks remained unchanged or did not trade. The number of stocks hitting the floor price in today's session was only 7 while 28 stocks hit the ceiling price.

At the beginning of the trading session, the banking and securities groups had positive fluctuations, which was the driving force that helped VN-Index expand its green color. However, the excitement could not be maintained and many stocks in these two groups weakened again. The weakening of the two leading groups above has significantly affected investor sentiment. Those holding money were also much more cautious and the support in the afternoon session was insignificant.

Top 10 stocks impacting VN-Index.

In the banking group, only SGB, EIB, HDB, PGB and NVB had a price increase of over 1%. Meanwhile, STB, TCB, TPB, VPB or VCB only kept a slight green color. VCB increased slightly by 0.21% but was still the code with the most positive impact on VN-Index when contributing 0.26 points. In the opposite direction, LPB decreased by 1.5%. Besides,ACB , VIB or CTG all closed in red.

In the securities group, the stocks with strong increases were mostly in the lower groups such as CSI, BMS, DSE... Meanwhile, red returned to stocks such as HCM, VCI, SSI, MBS, FTS...

Pressure on VN-Index in today's session also came from large codes such as VIC, PLX, HPG, GAS... Of which, HPG decreased by 0.9% and was the code with the most negative impact on VN-Index when it took away 0.39 points. VIC decreased by 0.97% and also took away 0.37 points.

In the group of small and medium-cap stocks, cash flow is still directed towards individual stocks with average liquidity such as NTP up 3.6%, CTI up 2.1%... Meanwhile, most industry groups such as real estate, retail, seaports - maritime transport... fluctuate differently.

Textile stocks had positive fluctuations, in which, MSH increased by 4.8%, GIL increased by 3%, TNG increased by 2%... In contrast to the textile group, Viettel group continued to record strong selling pressure. VTP decreased by 4.23%, VGI decreased by 3%.

Foreign investors net sold for 4 consecutive sessions.

The total trading volume on the HoSE reached 554 million shares, equivalent to a trading value of VND13,492 billion, down 12% compared to the previous session, of which negotiated transactions contributed VND1,859 billion. The trading value on the HNX and UPCoM reached VND941 billion and VND511 billion, down 14% and 19% respectively.

FPT topped the list of transactions in the whole market with 623 billion VND. HPG and TCB traded 579 billion VND and 451 billion VND respectively.

Foreign investors continued to net sell 337 billion VND in the whole market. Foreign investors net sold the most FPT code with 125 billion VND. MSN and FRT were net sold 50 billion VND and 45 billion VND respectively. Meanwhile, TCB was net bought the most with 94 billion VND. HDB and VTP were net bought 73 billion VND and 29 billion VND respectively.

Source: https://baodautu.vn/sac-do-lai-thang-the-chung-khoan-viet-giam-phien-thu-ba-lien-tiep-d232311.html