VN-Index falls sharply ahead of holiday.

The stock market closed the trading session on April 29th with a sharp shake-up, precisely as investors were preparing for a long holiday. The VN-Index fell 21.74 points, or 1.16%, to 1,854 points. The trading value on the HoSE reached a mere 18,200 billion VND.

The biggest reason for the index's decline was the sharp drop in VIC shares of Vingroup . The stock lost as much as 5.1%, falling to 214,000 VND per share.

Despite the sharp decline, VIC's liquidity remained explosive, with nearly 5.8 million shares changing hands, equivalent to over 1,258 billion VND in transaction value. This indicates that large amounts of capital have not withdrawn from "Vin Group" stocks, but rather the activity is mainly portfolio restructuring and short-term profit-taking.

VN-Index falls sharply ahead of holiday. (Illustrative image).

Meanwhile, many other stocks experienced positive surges. Vincom Retail's VRE jumped nearly 5%, Dat Xanh Group's DXG increased over 3%, and SHB'sSHB continued to be among the most liquid stocks on the market.

Notably, in today's trading session, foreign investors aggressively sold a net 24.3 million units, with a total net selling value of VND 1,297.3 billion, a sharp increase of 75.5% in volume and 135.5% in value compared to the previous trading session on April 28th (net selling of VND 551.2 billion).

Specifically, on the HoSE exchange, foreign investors bought 72.25 million units, with a total value of VND 2,650 billion, an increase of 6.1% in volume but a decrease of 5.3% in value compared to the previous session (April 28).

On the buying side, foreign investors made the strongest net purchases of VRE shares, worth approximately 139 billion VND. Following closely behind were DCM with 49 billion VND, GEX with 37 billion VND, DIG with 34 billion VND, and GMD with 28 billion VND.

Conversely, the strongest net selling pressure was concentrated in VIC, with a value of approximately 402 billion VND. This was followed by PC1 with sales of 233 billion VND, VHM with sales of 146 billion VND, VCB with sales of 143 billion VND, andFPT with sales of 119 billion VND.

On the HNX exchange, foreign investors bought 3.1 million units worth 86.65 billion VND, an increase of 180% in volume and 225.6% in value compared to the previous session.

On the buying side, PVS shares led the buying volume with 53 billion VND, followed by CEO with 16 billion VND and SHS with 3.7 billion VND.

On the selling side, foreign investors made slight net sales of NDN shares worth 0.6 billion VND, followed by NTP (-0.5 billion VND), IVS (0.4 billion VND), HUT (0.4 billion VND), and GIC (0.2 billion VND).

On the UPCoM market, foreign investors bought 1.6 million units, with a purchase value of VND 16.4 billion, a slight decrease of 1.5% in volume and 7.25% in value compared to the previous session.

HNG recorded the strongest net buying value at 9 billion VND, followed by ABB with 2 billion VND, MSR with 1.9 billion VND, and DDV with 1.1 billion VND.

Conversely, ACV experienced the heaviest sell-off of 26 billion VND, QNS also saw net selling of 10 billion VND, while stocks like F88, ABW, ABI, etc., experienced negligible net selling.

Ngoc Vy

Source: https://vtcnews.vn/vn-index-giam-manh-truc-ky-nghi-le-ar1015576.html