VN-Index fell by more than 27 points.

Illustrative image.

Both major indices fell sharply, and increased liquidity suggests that investor sentiment remains cautious and the short-term trend is leaning towards negative.

At the close of trading on February 6th, the VN-Index fell 27.07 points to 1,755.49 points; the HNX-Index fell 6.76 points to 256.28 points. The market was heavily skewed towards selling, with 620 stocks declining and only 159 stocks rising.

In the VN30 basket, red continued to dominate with 24 declining stocks, 4 rising stocks, and 2 unchanged stocks. Market liquidity increased compared to the previous session, reflecting the continued selling pressure and profit-taking. Specifically, the trading volume on the HOSE reached over 997 million shares, equivalent to a value of over 31,800 billion VND; on the HNX, it reached over 103 million shares, with a value of over 2,400 billion VND.

In the afternoon session, buying pressure briefly increased, helping the VN-Index narrow its decline. However, selling pressure prevailed, keeping the index in negative territory until the end of the session. In terms of impact, VCB, CTG, HPG, and VPL were the most negative stocks, deducting nearly 9.9 points from the VN-Index. Conversely, GAS, VIC, GEL, and LPB were among the few stocks that maintained positive gains, contributing more than 5 points to support the index.

On the HNX exchange, the situation was also unfavorable, with the HNX-Index negatively impacted by stocks such as KSV (down 9.99%), KSF (down 3.91%), PVI (down 6.25%), and HUT (down 6.55%).

Looking at the sectors, red dominated almost the entire market. The media services sector was the biggest loser, falling by 7.23%, mainly driven by stocks like VGI (down 7.59%), FOX (down 7.91%), MFS (down 5.3%), CTR (down 0.84%), and YEG (down 1.63%).

Following closely behind were the non-essential consumer goods and raw materials sectors, which declined by 3.19% and 3.16% respectively; among them, many stocks faced significant selling pressure, such as MSH (down 6.91%), PNJ (down 6.28%), FRT (down 5.65%), MWG (down 2%), PET (down 6.1%), HPG (down 2.72%), DGC (down 3.55%), GVR (down 2.5%), and MSR (down 7.95%).

Conversely, the utilities sector was the only group to record a 0.59% increase, mainly due to the positive performance of GAS (up 2.68%), CHP (up 2.45%), SBA (up 3.39%), PGC (up 1.38%), and TDW (up 0.65%).

Regarding foreign investor transactions, foreign investors continued to heavily net sell over 919 billion VND on the HOSE exchange, mainly focusing on VCB, VIC, HDB, andACB stocks. Meanwhile, on the HNX exchange, foreign investors net bought over 83 billion VND, with the focus on PVS, IDC, TNG, and PLC stocks.

With indices falling sharply and market breadth heavily skewed towards sellers, the short-term market trend remains fraught with risks. Increased liquidity amidst a downward index suggests that investor caution has not improved, therefore the market is likely to continue to fluctuate and will need more time to find equilibrium in the coming sessions.

Source: https://vtv.vn/vn-index-giam-hon-27-diem-100260206160421714.htm