VN-Index fell nearly 11 points.

At the close of trading, the VN-Index on HOSE stood at 1,863.67 points, down nearly 11 points from the previous session. In contrast, the HNX-Index maintained its positive performance, rising more than 3 points to 285.56 points.

Selling pressure spread across the market towards the end of the session. Nearly 420 stocks declined, while only approximately 250 advanced.

Negative developments were observed across most key sectors. The finance-banking, real estate, industrial, and materials sectors all plunged into the red, putting significant pressure on the overall index.

Notably, the banking sector became the main drag on the VN-Index. Almost all of the stocks in the top 10 with the strongest negative impact on the index belonged to this group, including VCB, TCB, VPB, BID, HDB, CTG, MBB, LPB, andACB .

Conversely, VHM shares unexpectedly surged to the ceiling price towards the end of the session, contributing approximately 10 points to the VN-Index's increase. However, the pull from a single large-cap stock was insufficient to offset widespread selling pressure, preventing the index from returning to its reference level.

Amidst a highly polarized market, the flow of money continues to reflect cautious investor sentiment. Total market trading value reached approximately 21,000 billion VND, a decrease of about 15% compared to the previous session. However, liquidity on the HNX exchange was a bright spot, increasing by over 30%.

Regarding foreign investor transactions, foreign investors continued their net selling trend with a value of nearly 600 billion VND. However, the scale of net selling has narrowed somewhat compared to recent sessions.

Asean Securities Company believes that the VN-Index is showing cautious signals as selling pressure dominated for most of the trading session, indicating that current demand is not strong enough to reverse the trend. The market is likely to continue fluctuating within a narrow range at the beginning of the next session.

Given that the downtrend is not yet fully confirmed and momentum is still being supported, short-term investors should maintain an average portfolio weighting, avoid chasing rallies, and focus on trading within the support zone of 1,870-1,880 points and resistance zone of 1,890-1,900 points. They should also prioritize stock groups with unique stories, such as state divestment, market upgrades, economic development resolutions, or the offshore cycle.

Simultaneously, medium- and long-term investors can take advantage of corrections to support levels to gradually disburse funds into sectors with strong fundamentals and high liquidity such as banking, securities, retail, public investment, and oil and gas.

Source: https://vtv.vn/vn-index-giam-gan-11-diem-100260528170248536.htm