Illustration photo.
Investors were more cautious and no longer pushed to buy at high prices, causing the liquidity of the entire HOSE floor to decrease to more than VND20,500 billion, significantly lower than the level of nearly VND25,000 billion of the previous session. VIX was the only code with liquidity of over VND1,000 billion, with nearly VND1,800 billion being transferred.
During most of the trading time, VN-Index maintained green and at one point surpassed 1,695 points, up more than 14 points compared to the reference. However, demand gradually weakened towards the end of the session, causing the index to narrow its increase. Closing, VN-Index stood at 1,684.32 points, up 3.96 points (0.24%). In contrast, VN30-Index decreased 0.12% to 1,921.18 points.
The HOSE recorded 171 stocks falling and 137 stocks rising. The VN30 basket was also strongly differentiated with 13 stocks rising and 16 stocks falling. Although red dominated, the VN-Index still maintained its increase thanks to the push of some pillar stocks, especially VIC.
On the other hand, many banking stocks put pressure on the market such as VCB, STB, HDB, LPB. The securities group also turned down after yesterday's strong increase.
The focus of the VN30 was the unexpected performance of VJC when it was sold at the floor price at one point during the session before narrowing its decline to 2.79% at the end of the day. The sharp decline occurred in the context of HDBank announcing the resolution to divest from Vietjet.
On the other hand, MSB increased by 6.97%, liquidity exploded with more than 23 million units, 6 times higher than average. ICT and VTC codes also increased dramatically.
In the VN30 basket, the differentiation is clear: VIC plays a leading role in price increase, while VRE goes in the opposite direction. The banking group has a split trend: BID, VPB, MBB,ACB increase; while VCB, CTG, TCB, LPB, HDB, STB decrease. Pressure from deep declines such as VJC, SSI (all over 2%) and STB, VNM (over 1%) makes VN30 unable to maintain green color.
The liquidity of the VN30 basket weakened, less than 10,000 billion VND. Foreign investors also sold the most in this group with a value of 327 billion VND, although the net selling value of the entire stock market was only 10 billion VND. VJC was sold for more than 300 billion VND, followed by VCB, VIC, ACB. On the buying side, POW was bought by foreign investors for more than 330 billion VND, TCB was also bought for more than 116 billion VND. On the Hanoi Stock Exchange, the HNX-Index decreased by 0.18% to 261.43 points. The liquidity of this floor has not reached 1,000 billion VND.
The overall market view on November 27th showed increased caution, weak buying power at the end of the session, making the increase unsustainable, although the market was quite positive at the beginning of the day. The differentiation of cash flow was clearer among industry groups, reflecting investors' observational psychology in the face of new information fluctuations.
The performance of the November 27 session showed that the market is entering a short-term cautious phase when cash flow shows signs of shrinking and selling pressure increases sharply at the end of the session. Although the average score remains stable thanks to pillar stocks such as VIC, the divergence is becoming more and more evident in both large and mid-cap groups.
The decrease in liquidity compared to the previous session reflects investors' cautious sentiment in the context of conflicting information related to divestment transactions and portfolio restructuring activities.
In the next session, VN-Index may continue to fluctuate in a narrow range around 1,675 - 1,690 points, with the trend largely dependent on the performance of the banking group and pillar stocks. Cash flow is likely to still focus on mid-cap stocks, where there are separate stories about divestment or business results. However, if liquidity does not improve, the market's ability to make a strong breakthrough in general is still limited. Investors are advised to maintain an observation position, prioritizing stocks with good accumulated price bases and clear supporting information.
Source: https://vtv.vn/vn-index-giang-co-thanh-khoan-giam-manh-100251127163426555.htm
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