Market rebounded in the afternoon session, foreign investors returned to net selling

The market has improved compared to previous sessions when VN-Index showed green at the beginning of the session with an increase of 4.12 points to 1,097.05 points, in which the number of stocks increasing in price is overwhelming the number of stocks decreasing.

Typical of this recovery is the group of securities stocks with TVS increasing by 2.19%, HBS increasing by 2.63%, VND increasing by 2%, SSI increasing by 2%, etc. However, the cash flow has not found momentum as shown by the weakening liquidity in this morning's session, the trading value on the HoSE floor is only 60% compared to the previous session.

At the end of the morning session on October 24, VN-Index decreased slightly by 0.57 points, equivalent to 0.05% to 1,092 points. The entire floor had 172 stocks increasing, and 251 stocks decreasing. HNX-Index increased by 0.02 points to 226.28 points. UPCoM-Index decreased by 0.25 points, equivalent to 0.29% to 85.02 points.

Finance - Banking - Market rebounds in the afternoon session, foreign investors return to net selling — VN-Index developments on October 24 (Source: Fire Ant).

In the afternoon session, the market rose to green with an increase reaching the 1,100 point area. Demand for participation in the market showed signs of increasing. However, during the recovery, foreign investors increased their selling pressure even though they still net bought up to thousands of billions of VND in the previous session.

At the end of the trading session on October 24, VN-Index increased by 12.37 points, equivalent to 1.13% to 1,105 points. The entire floor had 255 stocks increasing, 142 stocks decreasing and 68 stocks remaining unchanged.

The HNX-Index increased by 2.63 points, equivalent to 1.16% to 228.89 points. The entire floor had 111 stocks increasing, 60 stocks decreasing and 57 stocks remaining unchanged. The UPCoM-Index increased by 0.27 points to 85.54 points. The VN30 basket alone recorded 26 stocks increasing in price.

The entire industry group increased points with the bright spot being the equipment and machinery manufacturing stocks when NHH increased by 4.66%, NAG by 0.98%, GVR increased by 3.54%, DGC increased by 2.74%, PHR increased by 2.56%, CSV increased by 1.28%,….

However, the mining stocks group went against the trend and witnessed a decrease of 0.16%, in which the biggest decrease was in the oil and gas sector PVS, PVD, PVC, DHA, TVD, NBC, ... which was the driving force of VN-index throughout the trading session.

Finance - Banking - The market rebounded in the afternoon session, foreign investors returned to net selling (Figure 2). — Foreign investors return to net selling in the market.

Market liquidity continued to decline with the total matched value in the session reaching VND12,134 billion, down 12% compared to the previous session, of which the matched value on the HoSE floor alone reached VND10,460 billion, down 11%. In the VN30 group, liquidity reached VND3,672 billion.

Foreign investors returned to net selling with a session value of up to 460 billion VND, of which this group disbursed 954 billion VND and sold 1,415 billion VND. The codes that were strongly bought were mainly IDC 36 billion VND, FPT 27 billion VND, DGC 21 billion VND, KBC 18 billion VND... On the contrary, the codes that were strongly sold were MWG 136 billion VND, SHS 30 billion VND, MSN 30 billion VND, VCI 28 billion VND, HDB 28 billion VND,... .

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