VN-Index fell nearly 20 points.

VTV.vn - Following its previous record-breaking surge (on April 8th), the stock market quickly cooled down on April 9th ​​as profit-taking pressure increased across the board.

Illustrative image.

At the close of trading, the VN-Index fell 19.87 points to 1,736.68 points, amidst a sharp decline in market liquidity. The afternoon session showed little change from the morning, with demand remaining low and selling pressure not significantly increasing. On the HOSE exchange, declining stocks outnumbered rising stocks, with 191 falling compared to 124 rising. Trading value reached over 25,200 billion VND, down 28% from the previous session.

The VN30 basket showed more positive signs, narrowing its decline to 0.83%. However, market breadth remained negative with 22 stocks falling. Many key stocks lost over 2%, including BID, VJC, SSI, PLX, VIC, DGC, and VPL, with VIC accounting for nearly 7 points of the index's decline, becoming the main factor dragging the market down.

Red dominated most sectors, but the corrections weren't too deep. Insurance stocks led the decline, with several stocks like BVH, MIG, PTI, and PVI facing strong selling pressure. Securities stocks also performed negatively, with many falling by over 3%, including APG, VCI, FTS, SHS, and BVS.

Conversely, the real estate sector became a bright spot, with many stocks showing positive gains such as SJS, QCG, ITC, NVL, DXS, and DXG; among them, NVL was the highlight, rising by over 6% and making the most positive contribution to the VN-Index. Its trading volume reached 82 million shares, equivalent to 1,364 billion VND, ranking second in the entire market.

Foreign investor activity continued to be a negative factor, maintaining a strong net selling position of VND 2,213 billion on the HOSE. VPL saw the largest net selling, followed by VHM, BID, and VCB. On the buying side, HPG was a rare bright spot with net buying of VND 482 billion.

Overall, after a strong rally, the market is entering a correction phase with declining liquidity and cautious capital flows, indicating that investor sentiment remains cautious about short-term fluctuations.

Source: https://vtv.vn/vn-index-giam-gan-20-diem-100260409162808618.htm