VN-Index narrowed its losses at the end of the trading session on October 24.

The VN30 group of stocks gradually recovered, helping the VN-Index significantly narrow its decline towards the end of the trading session on October 24th.

The stock market declined on October 24th. (Illustrative image: VNA)

At the close of trading, the VN-Index fell 3.88 points to 1,683.18 points. Trading volume reached over 952.2 million shares, equivalent to nearly 29,872 billion VND. Across the entire exchange, there were 117 gainers, 190 losers, and 64 unchanged stocks.

On the Hanoi Stock Exchange (HNX), the HNX-Index edged up 0.5 points to 267.28 points with a trading volume of over 116.5 million shares, equivalent to VND 2,577.5 billion. Across the entire exchange, there were 64 gainers, 82 losers, and 54 unchanged stocks. Meanwhile, the UPCOM-Index fell 0.17 points to 110.87 points, with a trading volume of 54.6 million shares, equivalent to VND 694.3 billion, and 139 gainers, 150 losers, and 117 unchanged stocks.

In terms of impact, TCB, MBB, VPB, and VIX were the stocks with the most negative influence on the VN-Index. Conversely, VIC,FPT , VNM, and VPL contributed positively, helping the index narrow its decline.

The financial sector saw the sharpest decline in the market, mainly driven by SSI (down 4%), VIX (down 6.5%), MBB (down 3.17%), andSHB (down 2.4%). This was followed by the industrial and healthcare sectors. Conversely, the media services sector was the strongest performer, thanks to CTR (up 6.94%), VGI (up 4.26%), and VNZ (up 1.73%).

Regarding foreign investor transactions, foreign investors sold net more than VND 1,849 billion on the HOSE exchange, mainly focusing on SSI (VND 758.61 billion), MBB (VND 345.94 billion), VCI (VND 199.31 billion), and VIX (VND 143.51 billion). On the HNX exchange, foreign investors continued to sell net more than VND 98 billion, mainly in SHS (VND 87.05 billion), IDC (VND 14.23 billion), and MBS (VND 4.25 billion).

Overall, thanks to the recovery of the VN30 group, the market narrowed its decline, but profit-taking pressure and net selling by foreign investors remain factors preventing the recovery trend from being truly sustainable.

According to VNA

Source: https://baohaiphong.vn/vn-index-thu-hep-da-giam-vao-cuoi-phien-24-10-524488.html