VN-Index turns down in derivatives expiration session

SGGPO July 19, 2023 17:23

The market was flooded with red although the VN-Index only decreased slightly by more than 1 point, ending the previous 8-session consecutive increase streak.

The market was flooded with red in the derivatives trading session.

At the beginning of the trading session on July 19, although VN-Index still increased by 3 points, because it was the derivatives expiration session, the selling pressure increased sharply at the end of the session, causing the market to reverse and decrease.

It is worth noting that although the VN-Index only decreased slightly by more than 1 point, the number of stocks that decreased was overwhelming. In particular, the real estate group of stocks decreased sharply such as DXS decreased by 6.05%, NVL decreased by 2.33%, PDR decreased by 2.34%, DXG decreased by 3.98%, CRE decreased by 2.21%, KHG decreased by 4.53%, TCH decreased by 2.63%, SCR decreased by 2.47%, DIG decreased by 1.7%.

Banking stocks were differentiated but many stocks still decreased such as: VPB decreased by 1.43%, MBB decreased by 1.08%, TPB decreased by 1.32%, EIB decreased by 1.45%.

Similarly, the securities stock group had SSI down 0.18%, VND down 1.63%, HCM down 1.78%, HBS down 1.9%....

Not only the main stock groups, many retail and energy stocks also decreased such as PNJ decreased by 1.38%, FRT decreased by 1.28%, GAS decreased by 0.9%, POW decreased by 1.48%, PGV decreased by 2.55%, PLX decreased by 1.11%...

At the end of the trading session, VN-Index decreased by 1.11 points (0.1%) to 1,72.98 points with 276 stocks decreasing, 185 stocks increasing and 83 stocks remaining unchanged.

At the end of the session on the Hanoi Stock Exchange, the HNX-Index increased by 0.51 points (0.22%) to 231.47 points with 87 stocks increasing, 109 stocks decreasing and 137 stocks remaining unchanged. Market liquidity exceeded VND20,000 billion with a total transaction value in the whole market of about VND20,020 billion.

Foreign investors continued to net buy nearly 227 billion VND on HOSE.

Source: https://www.sggp.org.vn/vn-index-quay-dau-giam-diem-trong-phien-dao-han-phai-sinh-post698073.html