VIC helps the market not to fall sharply

In the trading session on September 19, the VN-Index fell more than 6 points; liquidity was low. The market could have fallen sharply without the support from pillar stock VIC.

On the Ho Chi Minh City Stock Exchange, at the close of the session, the total transaction value reached just over VND29,000 billion.

Foreign investors are the factor that puts more pressure on the market when they sell net quite strongly. This group bought over 5,169 billion VND and sold over 7,992 billion VND.

VIC strongly supports the market. Screenshot

Today, after a few minutes of green at the beginning of the session, the market went down for the rest of the trading time, due to cautious cash flow into the market. This is shown by the overwhelming dominance of falling stocks. The entire floor had 189 stocks going down while 133 stocks going up.

Notably, large-cap stocks were under pressure. In the VN30 group, the number of stocks that decreased in price was 6 times higher than the number of stocks that increased (24 stocks and 4 stocks).

Most sectors fell. Large-cap banking stocks were among the biggest losers in the market, down more than 1%, along with transport, securities, and energy groups.

Therefore, this group has the strongest impact on the market's decline when 5 codes (VCB, BID, STB, VPB, TCB) are in the group of 10 codes that pull the VN-Index the most. Leading is VCB with 1,726 points.

The market could have fallen further if it had not been for the support from VIC stock. This code increased in price by 5.66%, contributing 7.82 points.

On the Hanoi Stock Exchange, the total transaction value reached over VND1,500 billion. At the end of the session, the HNX-Index stopped at 276.24 points, down 0.68 points (-0.25%); the HNX30-Index fell 4.44 points (-0.73%) to 600.77 points.

Source: https://hanoimoi.vn/vic-giup-thi-truong-khong-giam-manh-716611.html