VN-Index breaks through the 1,100 point mark, bottom-fishing demand appears

After the previous session's unexpected decline, the market returned to a cautious mood with the VN-Index falling slightly, around the 1,122 point mark.

However, amid the downward trend, the securities group had a strong recovery and the most prominent were the leading stocks such as VIX up 4.55%, SHS up 3.09%, MBS up 1.96%, VND up 1.25%... after this group announced a better financial report for the third quarter compared to the first two quarters of the year.

At the end of the morning session on October 18, VN-Index decreased by 2.16 points, equivalent to 0.19% to 1,119 points. The entire floor had 116 stocks increasing and 340 stocks decreasing. HNX-Index increased by 0.06 points, equivalent to 0.03% to 230.09 points. UPCoM-Index decreased by 0.22 points, equivalent to 0.26% to 86.43 points.

Top stocks impacting the general market.

In the afternoon session, all indices fell sharply, including large stocks such as VIC, VHM, TCB, HPG, etc. Accordingly, the market also fell further, but foreign investors turned to net buy strongly. In the last 30 minutes, the market once again had a straight fall, breaking through the 1,100 point mark after a long period of accumulation.

At the end of the trading session on October 18, VN-Index decreased by 18.25 points, equivalent to 1.63% to 1,103 points. The entire floor had 53 stocks increasing, 465 stocks decreasing and 32 stocks remaining unchanged.

HNX-Index decreased by 2.92 points, equivalent to 1.27% to 227.11 points. The entire floor had 33 stocks increasing, 161 stocks decreasing and 34 stocks remaining unchanged. UPCoM-Index decreased by 0.7 points to 85.95 points. The VN30 basket alone recorded 25 stocks decreasing in price.

Selling pressure caused most industry groups to decrease, in which the sharpest decrease was in construction materials stocks with HPG down 3.23%, HSG down 5.56%, THI down 5.19%, NKG down 2.96%, VCS up 2.78%,...

Not far behind, the group of seafood processing stocks took away 4.28% from the market, in which CMX and IDI decreased sharply, followed by VHC, ANV, FMC, ACL, etc., all decreasing by approximately 4%, creating great pressure on the market in the afternoon session.

Foreign investors bought strongly in this session.

Market liquidity has improved due to bottom-fishing demand, with total matched value in the session reaching VND25,366 billion, up 54% compared to the previous session, of which the matched value on HoSE alone reached VND21,855 billion, up 53%. In the VN30 group, liquidity reached VND8,369 billion.

Foreign investors returned to net buying at the bottom with a value of up to VND558.71 billion in this session, of which this group disbursed VND1,628 billion and sold VND1,069 billion.

The stocks that were bought heavily were mainly PVD 50 billion VND, SSI 46 billion VND, STB 46 billion VND, VIX 40 billion VND, GEX 39 billion VND, FPT 35 billion VND... On the contrary, the stocks that were sold heavily were VNM 46 billion VND, VPB 25 billion VND, VCI 20 billion VND, VRE 17 billion VND, CII 11 billion VND,... .

Source: https://www.nguoiduatin.vn/vn-index-pha-thung-moc-1100-diem-luc-cau-bat-day-xuat-hien-a631672.html