VN-Index drops 14 points, retail stocks "wipe the floor"

Contrary to the recovery signal at the beginning of the session when VN-Index increased by 2.37 points, red returned to dominate and the market was in a tug-of-war.

However, liquidity improved when the total transaction value this morning reached nearly 6,600 billion VND, with HoSE alone recording 5,216 billion VND.

At the end of the morning session on October 31, VN-Index increased by 1.57 points, equivalent to 0.15% to 1,043.9 points. The entire floor had 147 stocks increasing, and 72 stocks decreasing. HNX-Index increased by 0.99 points, equivalent to 0.47% to 210.35 points. UPCoM-Index increased by 0.48 points, equivalent to 0.58% to 81.8 points.

In the afternoon session, selling pressure returned, making it impossible for VN-Index to maintain its green color. At the end of the trading session on October 31, VN-Index decreased by 14.21 points, equivalent to 1.35% to 1,023.19 points. The entire floor had only 66 stocks increasing, but there were 448 stocks decreasing, 41 stocks decreasing, and 52 stocks remaining unchanged.

HNX-Index decreased by 5.17 points, equivalent to 2.45% to 206.17 points. The entire floor had 37 stocks increasing, 131 stocks decreasing and 50 stocks remaining unchanged. UPCoM-Index decreased by 1.35 points to 80.93 points. The VN30 basket alone recorded 16 stocks decreasing in price.

VN-Index developments on October 30 (Source: Fire Ant).

The retail group led the decline with MWG, DGW, TTH, PET, COM all hitting the floor. Of which, MWG was the only code in the VN30 basket to hit the floor, this decline occurred after the company announced its third quarter financial report with profits plunging 96%.

Continuing yesterday's decline, today's session saw a sharp decline in the securities group as FTS, VCI, IVS, PHS hit the floor; SSI, SHS, HCM, MBS, CTS, BSI, AGR all fell over 6%.

The codes SSB, VIB , VCB reversed and increased slightly by 1-2% but still at a low level. In addition, the code DLG increased to the ceiling price of 2,030 VND/share.

The total order matching value in the session reached VND22,937 billion, up 38% compared to the previous session, of which the order matching value on HoSE alone reached VND14,881 billion. In the VN30 group, liquidity reached VND6,142 billion.

In the context of gloomy trading, foreign investors suddenly turned around and net sold more than 382 billion VND after a series of 5 consecutive net selling sessions.

On HoSE, foreign investors net bought with a value of 307 billion VND in this session, in which the codes that were strongly bought were mainly HPG 94 billion VND, PVD 52 billion VND, DCM 51 billion VND, FRT 50 billion VND and DGC 46 billion VND.

On the contrary, the codes that were pushed to sell strongly were VHM 258 billion VND, MWG 78 billion VND, STB 48 billion VND, MSN 42 billion VND and HDB 25 billion VND .

Source: https://www.nguoiduatin.vn/vn-index-roi-14-diem-co-phieu-ban-le-dong-loat-lau-san-a633685.html