Liquidity is low, stock prices are falling

Despite positive forecasts from securities companies, the market continued a negative trading session when it opened with a hint of green, then dropped nearly 2 points to 1,224 points. In which, the financial stocks of banks and securities were all red, even large codes such as SSI, VND, VCI, SHS, VCB, BID, ... were also below the reference level.

Although in the middle of the session, the steel stocks group still maintained positivity with HPG having the most positive impact on the market, but it was still not enough of a breakthrough to stop the fall of the VN-Index.

At the end of the morning session on September 21, VN-Index decreased by 6.03 points, equivalent to 0.49% to 1,220.08 points. The entire floor had 188 stocks increasing and 294 stocks decreasing. HNX-Index decreased by 0.73 points, equivalent to 0.29% to 254.09 points. UPCoM-Index decreased by 0.53 points, equivalent to 0.57% to 92.82 points.

Finance - Banking - Liquidity is low, stock prices are falling — Stock impact on the general market.

In the afternoon session, VN-Index fell sharply with low liquidity. Investors were still not confident with the market's performance. Foreign investors also sold more than VND473 billion on HoSE, the fourth net selling session, focusing mainly on steel stocks.

At the end of the trading session on September 21, VN-Index decreased by 13.37 points, equivalent to 1.09% to 1,212 points. The entire floor had 150 stocks increasing, 370 stocks decreasing and 48 stocks remaining unchanged.

HNX-Index decreased by 2.95 points, equivalent to 1.16% to 251.87 points. The entire floor had 71 stocks increasing, 101 stocks decreasing and 65 stocks remaining unchanged. UPCoM-Index decreased by 0.96 points to 92.39 points. The VN30 basket alone recorded 25 stocks decreasing in price.

The group of securities stocks had the most negative impact on the market when taking away more than 7 points from the VN-Index, of which 22/25 stocks decreased in price and 1 stock decreased by the largest amplitude, so even large stocks such as SSI, VND, VCI, HCM, SHS, VIX, ... are decreasing by approximately 4%.

On the contrary, maintaining the increase throughout the session were seafood processing stocks with ANV increasing by 1.4%, IDI increasing by 3.36%, FMC increasing by 0.19%, CMX increasing by 2.18%,... even the whole industry only had 2 stocks decreasing, the rest all increased in price.

Finance - Banking - Liquidity is low, stock prices are falling (Figure 2). — Foreign investors maintained net selling for the fourth consecutive session.

The total order matching value in the session reached VND26,821 billion, up 16% compared to the previous session, of which the order matching value on HoSE alone reached VND23,019 billion, up 15% compared to the previous session. In the VN30 group, liquidity reached VND8,731 billion.

Foreign investors maintained net selling for the fourth consecutive session with a value of up to VND 359.93 billion, of which this group disbursed VND 1,232 billion and sold VND 1,592 billion.

The codes that were bought heavily were mainly FPT 36 billion VND, VRE 24 billion VND, NLG 16 billion VND, DXG 14 billion VND... On the contrary, the codes that were sold heavily were HPG 206 billion VND, VIC 48 billion VND, GEX 46 billion VND, ...

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