VN-Index fell nearly 10 points.

VTV.vn - The trading session on March 5th closed with sharp reversals in the afternoon, causing the main indices to lose the gains made in the morning.

At the close of trading on March 5th, the VN-Index fell 9.76 points to 1,808.51 points, close to its lowest point of the day. The HNX-Index declined 0.26 points to 257.59 points, while the UPCOM-Index maintained its positive momentum, rising 0.67 points to 127.90 points.

Market liquidity remained high, with over 1 billion shares traded and a transaction value of approximately 35,009 billion VND.

Selling pressure, concentrated in large-cap stocks, dragged the overall index down, especially in the VN30 basket where the number of declining stocks was overwhelming.

Amidst pressure on the overall market, the real estate sector stood out with 2 stocks hitting the ceiling price, 45 stocks rising, and 31 stocks falling.

The highlight was the performance of stocks within the Vingroup ecosystem. Specifically, VIC increased by 5.91% to VND 164,800 per share; VHM increased by 1.6% to VND 95,000 per share; and VPL increased by 1.62% to VND 75,500 per share. Conversely, VRE decreased by 3.57% to VND 27,000 per share.

Notably, VIC alone contributed over 16 points to the VN-Index, becoming the most important pillar supporting the market. Without the pull from this stock, the index would likely have lost the 1,800-point mark.

In the mid-cap group, KDH rose 1.9%, PDR 0.32%, NVL 0.45%, KBC 0.91%, and VPI 1.05%. Although the increases weren't particularly strong, this development suggests that selling pressure has eased somewhat compared to previous corrections. However, red still appeared in many high-liquidity stocks such as DXG, IDC, DIG, CEO, BCM, and SZC, reflecting the cautious sentiment of investors. The small-cap group continued to be mixed, with HDC, VC3, HQC, and DTD gaining points while SIP, SCR, and NTL declined.

In contrast to real estate, many other sectors reversed sharply downwards in the afternoon session. Steel stocks continued their decline, with HPG falling 1.62%, NKG down 2%, and HSG down 0.99%.

The banking sector faced significant pressure, with BID falling 2.63%, STB down 2.7%,SHB down 1.61%, HDB down 1.52%, and VCB down 0.79%. A few stocks managed to stay in positive territory, such as ACB and MBB.

Stock prices also showed mixed performance, but generally leaned towards the downside, with VIX, SSI, VCI, HCM, and TCX undergoing corrections.

In terms of the negative impact on the index, stocks such as GAS, MCH, GVR, BSR , and BID were among the biggest drags on the index.

Foreign investor activity continued to be a negative factor, with net selling of VND 3,228 billion. Total purchases reached VND 3,271 billion, while sales amounted to VND 6,499 billion. FPT led the list of net sellers with over VND 573 billion, followed by HPG, VHM, and SSI.

Conversely, KDH saw the strongest net buying with 123.64 billion VND, which helped the stock maintain a 1.9% increase at closing.

Overall, the market on March 5th showed deep divergence among sectors. Although real estate surged thanks to the pull from blue-chip stocks, selling pressure in banking, steel, and securities, along with strong net selling by foreign investors, prevented the VN-Index from maintaining its positive momentum. This development reflects increased caution, especially in the context of new credit policies and regulations reshaping capital flows in the market.

Source: https://vtv.vn/vn-index-giam-gan-10-diem-100260305163840413.htm