VN-Index loses the 1,880 point mark.

VTV.vn - At the close of trading on January 23, the stock market was shrouded in red as selling pressure spread across most sectors.

Illustrative image.

The VN-Index fell 11.94 points to 1,870.79 points. Trading volume reached over 888.7 million shares, equivalent to a value of over 29,347 billion VND. Across the HOSE exchange, 81 stocks increased in price, 251 decreased, and 47 remained unchanged.

On the HNX exchange, the HNX-Index fell 5.47 points to 252.96 points. Trading volume reached over 92.3 million shares, equivalent to over 2,060.6 billion VND. Across the entire exchange, there were 52 gainers, 118 losers, and 48 unchanged stocks.

The UPCOM-Index also decreased by 0.1 points, to 127.07 points, with a trading volume of over 78.8 million shares and a value of over 903 billion VND; 133 stocks increased, while 145 decreased and 124 remained unchanged.

The VN30 basket of stocks performed poorly, with only 8 gainers and 19 losers, putting significant pressure on the VN-Index. Many large-cap stocks fell sharply, such as BCM hitting the floor limit, GVR down 5.38%, VNM down 5.22%, VCB down 3.38%, PLX down 3.36%, SAB down 2.57%, and BID down 2.31%. Without the support from VJC hitting the ceiling limit and VHM, VIC, and VRE maintaining positive gains, the market could have fallen even further.

The oil and gas sector stocks were completely in the red, with not a single stock rising; BSR fell to its floor price, while stocks like OIL, PLX, POS, PTV, PVB, PVC, PVD, PVS, and TOS all declined.

Entering the afternoon session, the VN-Index opened under increasing selling pressure. Although buying pressure showed signs of returning, the index was unable to regain its reference level by the end of the session. In terms of impact, VCB, GAS, BID, and GVR were the stocks with the most negative impact, causing the VN-Index to fall by a total of 9.7 points. Conversely, VIC, VHM, VJC, and TCX maintained their positive performance, contributing to a 12.4-point gain for the index.

The performance on the HNX exchange was also quite pessimistic, with the index negatively impacted by stocks such as KSF (down 5.86%), PVI (down 3.54%), PVS (down 4.38%), and IDC (down 2.95%).

By sector, the market saw widespread declines across most areas. The media services sector experienced the sharpest drop, falling 9.94%, primarily driven by declines in VGI (down 11.59%), CTR (down 3.03%), FOX (down 4.72%), MFS (down 4.88%), and YEG (down 3.47%). Following closely were the energy and information technology sectors, down 5.17% and 2.5% respectively. Several stocks under significant selling pressure included BSR (down 6.98%), PLX (down 3.36%), PVS (down 3.73%), PVC (down 7.53%), PVD (down 5.15%),FPT (down 2.42%), DLG (down 6.76%), ELC (down 0.79%), and CMG (down 3.1%).

Conversely, the real estate sector was a rare bright spot in the market, rising 0.87%, mainly thanks to the strong performance of stocks such as VHM (up 1.66%), VIC (up 2.67%), VRE (up 1.73%), and HPX (up 1.17%).

Regarding foreign investor transactions, foreign investors continued to net sell over 207 billion VND on the HOSE exchange, focusing on VCB, VHM, CTG, and VPB stocks. On the HNX exchange, foreign investors net bought over 6 billion VND, mainly in IDC, PVS, VFS, and VGS stocks.

Overall, the trading session on January 23rd showed a cautious investor sentiment, with selling pressure dominating, especially in large-cap stocks. This development indicates that the market is still in a correction phase and needs more time to find a point of equilibrium.

Source: https://vtv.vn/vn-index-mat-moc-1880-diem-100260123165214664.htm