VN-Index loses the 1,900 point mark.

VTV.vn - The stock market faced strong downward pressure in the afternoon session of May 11th as selling pressure increased across the board, especially in large-cap stocks.

Selling pressure intensified, causing the VN-Index to fall below the 1,900-point mark.

The stock market faced strong downward pressure in the afternoon session of May 11th as selling pressure increased across the board, especially in large-cap stocks, causing the VN-Index to fall below the 1,900-point mark. Meanwhile, the HNX-Index maintained its positive momentum thanks to support from the oil and gas sector and some key stocks.

At the close of trading on May 11th, the VN-Index fell 19.87 points to 1,895.50 points. Conversely, the HNX-Index rose 1.57 points to 248.06 points. Market breadth heavily favored sellers, with 455 stocks declining and only 284 stocks rising. The VN30 basket recorded a negative trend, with 27 stocks falling, only 2 rising, and 1 remaining unchanged.

Market liquidity increased compared to the previous session, reflecting increased profit-taking pressure. On the HOSE, the trading volume reached over 870 million shares, equivalent to a value of over 25,400 billion VND; on the HNX, it reached over 66 million shares, with a value of over 1,200 billion VND.

The negative developments in the afternoon session mainly came from large-cap stocks. VIC, VHM, BID, and MCH exerted the strongest pressure on the VN-Index, taking away more than 10 points from the index. Conversely, BSR , LPB, GEL, and GEE were the few bright spots that maintained their positive performance, helping to curb the market's decline.

By sector, information technology saw the sharpest decline at 2.61%, led byFPT , CMG, ELC, and HPT. Non-essential consumer goods and real estate also faced strong selling pressure, with many stocks experiencing significant drops, such as FRT, DGW, VRE, NVL, and VHM.

Contrary to the general trend, the energy sector became a bright spot in the market, rising 3.73%. Notably, BSR surged 6.94%, hitting its ceiling price, along with PVS, PVD, and PVT, all of which saw price increases thanks to improved demand.

Regarding foreign investor transactions, foreign investors continued to net sell over VND 1,022 billion on the HOSE, focusing on VHM, FPT, DGC, andACB . Meanwhile, foreign investors net bought slightly over VND 16 billion on the HNX, mainly in PVS and NTP.

The sharp decline in the afternoon session indicates increasing caution after a period of rapid market growth. The VN-Index losing the 1,900-point mark could lead to continued volatility in the coming sessions, especially as capital flows remain strongly divergent across sectors.

Source: https://vtv.vn/vn-index-mat-moc-1900-diem-100260511191331538.htm