Red color spreads, VN-Index lost nearly 17 points on the morning session of October 31

The stock market found no chance of recovery in the morning session of October 31 as red spread across many industry groups, creating downward pressure on the general index.

Customers transact at the headquarters of Bao Viet Securities Company. Photo: Tran Viet/VNA

At the end of the morning session, VN-Index decreased by 16.79 points to 1,652.78 points. Liquidity reached more than 384.2 million shares, equivalent to more than 12,003 billion VND. The entire floor recorded 134 stocks increasing, 164 stocks decreasing and 56 stocks remaining unchanged.

On the HNX, the HNX-Index increased by 1.1 points to 268.06 points with more than 40 million shares matched, equivalent to more than VND887 billion. The number of codes increasing - decreasing - remaining unchanged were 61 - 72 - 51, respectively.

UPCOM-Index also increased slightly by 0.38 points to 113.8 points. About 30.6 million shares were traded, equivalent to more than VND299.2 billion; the whole floor had 128 stocks increasing, 98 stocks decreasing and 117 stocks remaining unchanged.

The downward pressure was concentrated on the VN30 group when 21/30 stocks lost points, causing the VN30-Index to fall by more than 25.55 points. Vingroup stocks led the correction with VIC down 5.59%, VRE down 4.19% and VHM down 3.85%. Banking stocks also weakened, creating great pressure on the market.

On the positive side, the oil and gas group strongly reversed the trend with PVD hitting the ceiling; PVC up 3.88%, PVS up 3.1%, PVB up 3.06%, OIL up 2.83%, POS up 1.97%, PLX up 1.74% and BSR up 1.2%. The remaining industry groups were differentiated, with green and red colors intertwined on many codes.

In the short term, cautious sentiment still prevails as demand has not yet shown clearly, while selling pressure in many pillar stocks puts pressure on the index. The differentiation between stock groups shows that cash flow is tending to choose opportunities in industry groups supported by positive information; in which, oil and gas is playing the role of a temporary bright spot of the market.

Source: https://baotintuc.vn/thi-truong-tien-te/sac-do-lan-rong-vnindex-mat-gan-17-diem-phien-sang-3110-20251031124653879.htm