VN-Index retreated to 1,830 points

VTV.vn - The stock market continued to face downward pressure on January 27th as selling pressure intensified towards the end of the session, especially in large-cap stocks.

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Nevertheless, cash flow remained present in certain sectors such as oil and gas, insurance, and healthcare, thus preventing the overall index from falling further.

Towards the end of the session, increased selling pressure caused the market to weaken significantly. The VN-Index closed today's trading session at 1,830.5 points, down 13.2 points from the previous session. In contrast, the HNX-Index maintained a positive trend, rising 5.5 points to close at 252.8 points.

Overall, buying pressure remained dominant with approximately 380 stocks rising, while nearly 340 stocks declined. However, the sharp drop in many large-cap stocks exerted significant pressure on the general index. VHM fell to its floor price, VIC dropped 5.6%, VCG also fell to its floor price, and ACV dropped 6.6%; along with declines in several bank stocks such as TCB and EIB. The top 10 stocks that dragged the market down caused the VN-Index to lose nearly 25 points.

The market's bright spot continued to come from the oil and gas sector. Strong gains in both green and purple helped support the index. PLX hit its ceiling price, PVD hit its ceiling price, GAS hit its ceiling price; other stocks such as BSR , PVS, and PVC all rose by over 3%, contributing to the support of the VN-Index.

In addition, the media services group recorded positive developments with VGI, CTR, FOX, and YEG increasing. The healthcare equipment and services group also surged strongly, notably JVC and DNM hitting the ceiling price, amidst news related to the Nipah epidemic in India prompting investors to seek opportunities in this sector.

Insurance stocks maintained a positive trend, with many stocks such as BVH, PVI, BIC, VNR , MIG, and BMI rising, extending their upward trend over the past three months.

In other sectors such as finance, real estate, and consumer goods, the overall performance was mixed, with a mix of gainers and losers.

Market liquidity decreased, with trading value reaching nearly 28,000 billion VND. Foreign investors made slight net sales of nearly 300 billion VND, although selling pressure has shown signs of easing with recent intermittent net buying sessions.

Today's trading session shows that the market remains under downward pressure as capital is not yet ready to return to blue-chip stocks, while support mainly comes from short-term leading sectors such as oil and gas and insurance.

Source: https://vtv.vn/vn-index-lui-ve-1830-diem-100260127165920669.htm