VN-Index "evaporated" more than 30 points in the session on October 27

Positive news about trade negotiations with the United States only helped the market improve in the first few minutes of the morning session. The VN-Index increased by nearly 13 points at one point, approaching the 1,700-point mark. However, after 10 a.m., the cautious sentiment caused the market to quickly shake.

VHM hit the floor, taking away the most points in today's session. Screenshot

The decline in the price of pillar stocks caused the market to decline. At the end of the morning trading session, VN-Index temporarily stopped at 1,679.02 points, down 4.16 points.

Moving into the afternoon session, the situation was more negative. The market never regained green, especially towards the end of the session, selling pressure spread across large-cap stocks, causing the VN-Index to fall sharply.

Closing, VN-Index was at 1,652.54 points, down 30.64 points (-1.82%); VN30-Index plunged 43.84 points (-2.25%) to 1,900.76 points.

Market breadth was heavily tilted towards sellers with 178 stocks declining and only 143 stocks rising. In the VN30 basket, there were 24 stocks falling, more than 4 times the number of stocks rising.

The strongest impact on the market's decline was on the Vingroup group of stocks, when VHM hit the floor, VIC fell 2.28% and VRE also fell to its full limit, taking away a total of more than 12 points from the VN-Index (more than 7 points, 4.34 points and 1.31 points respectively). The decline of this group made real estate one of the two sectors with the strongest decline in the session, losing up to 3.59%.

Next is the banking group, with codes TCB, VPB, CTG, HDB, MBB all taking away more than 1 point from the general index.

On the contrary, the hardware and equipment, vehicle and components, and essential goods trading groups were bright spots among the groups maintaining green.

Total market liquidity reached nearly 31,000 billion VND. Foreign investors sold strongly with a purchase value of more than 3,204 billion VND but sold nearly 4,311 billion VND.

On the Hanoi Stock Exchange, the total transaction value reached nearly VND2,300 billion. At the end of the session, the HNX-Index decreased by 1.92 points (-0.72%) to 265.36 points, while the HNX30-Index lost 11.54 points (-1.99%) to 569.69 points.

Source: https://hanoimoi.vn/vn-index-boc-hoi-hon-30-diem-trong-phien-ngay-27-10-721141.html