VN-Index corrected deeply below 1,240 points, foreign investors increased buying

At market close, VN-Index stopped at 1,239.26 points, down 12.45 points (-0.99%); VN30-Index fell 12.93 points (-1%), to 1,281.37 points. Selling pressure became stronger towards the end of the session, causing the index representing the floor to fall further in the afternoon session.

Earlier, in the morning session, the market initially increased but the increase was not strong, the highest was only nearly 4 points. From nearly 11:00, selling pressure began to increase, causing the VN-Index to return to the reference level and go down. At the end of the morning session, the VN-Index decreased by 4.62 points, down to 1,247.09 points.

Increased selling pressure caused the VN-Index to fall more than 12 points, below 1,240 points in today's trading session (September 16). Illustrative photo.

In today's trading session, red dominated the electronic trading board with 312 stocks decreasing in price, more than 3 times the number of stocks increasing in price (312 stocks and 97 stocks). Stocks decreased in price across a wide range and in most industry groups.

Of which, the utilities, distribution and retail of durable goods, financial services, software, household and personal goods, real estate, vehicles and components, telecommunications, media and entertainment industries decreased by more than 1%. On the contrary, the retail of food and necessities, consumer services, production materials, and hardware industries increased.

The stock with the largest capitalization, VCB, had the strongest impact on the market decline, taking away nearly 1.4 points; followed by VHM with 1.3 points; GAS (0.94 points), VIC (nearly 0.8 points)... Meanwhile, NAB contributed the most to the VN-Index with 0.345 points; followed by GVR (nearly 0.3 points)...

Liquidity increased compared to the session at the end of last week, reaching nearly 13,500 billion VND. Increased liquidity in the context of a sharp market decline shows that selling pressure is quite large. The positive point is that foreign investors are net buyers. This group bought more than 1,272 billion VND and sold over 1,053 billion VND.

On the Hanoi Stock Exchange, at the end of the session, the HNX-Index stopped at 230.84 points, down 1.58 points (-0.68%); the HNX30-Index fell 6.07 points (-1.2%), to 498.07 points. Nearly 900 billion VND was traded on the entire floor.

With the above developments, it can be seen that the stock market had a not-so-positive trading session at the beginning of the week. After unsuccessful attempts to conquer the 1,255 - 1,260 zone, the VN-Index reversed and fell below the 1,240-point threshold. Foreign trading was a plus point when it unexpectedly reversed to net buy with a value of more than 200 billion VND across the market.

An Ha

Source: https://www.congluan.vn/vn-index-chinh-sau-duoi-1240-diem-khoi-ngoai-tang-mua-post312620.html