VN-Index 'evaporated' more than 12 points

This morning's trading session, the domestic stock market opened with a slight increase in points with positive developments from the food stocks group. However, the green color only lasted for a few minutes, from nearly 10:30, the selling pressure gradually increased, causing the floor's representative index to return to the reference level and decrease points.

At the end of morning trading, VN-Index decreased 3.27 points to 1,264.46 points.

In the afternoon session, increased supply caused the VN-Index to drop nearly 15 points at one point, down below 1,255 points. At market close, the VN-Index stopped at 1,255.23 points, down 12.5 points (-0.99%); the VN30-Index fell 13.09 points (-1%), down to 1,294.06 points.

Red dominated the electronic trading board with 320 codes going down and 94 codes going up. In the VN30 group, the number of codes increasing and decreasing in price was 5 codes and 24 codes respectively.

Red dominated the electronic trading board with 320 codes going down and 94 codes going up in the session on September 10. Illustrative photo

Widespread selling pressure caused most sectors to decline. Pharmaceuticals and biotechnology was the only sector to show green. The other two sectors, hardware and semiconductors, remained unchanged. Among the declining sectors, software, credit institutions, raw materials, real estate, health care, financial services, food and essentials retail, insurance, specialized services and trade, and media and entertainment fell by more than 1%.

The strongest impact on the market's decline in this session was on banking stocks with VCB, BID, SSB taking away 1.62 points, 0.76 points and 0.72 points respectively. On the other hand, VJC, TPB, MWG, LPB, BMP... were the stocks that slightly supported the market.

Liquidity increased sharply compared to the previous session, reaching more than 15,500 billion VND. Foreign investors were net sellers. This group bought nearly 1,410 billion VND and sold more than 1,795 billion VND. On the Hanoi Stock Exchange, the total transaction value reached nearly 1,100 billion VND.

At the end of the session, HNX-Index stopped at 231.69 points after decreasing 1.77 points (-0.76%); HNX30-Index decreased 5.7 points (-1.12%), down to 502.14 points.

An Ha

Source: https://www.congluan.vn/vn-index-boc-hoi-hon-12-diem-post311597.html