VN-Index continues to plummet, losing 33 points.

At the close of trading on March 3rd, the VN-Index fell nearly 33 points, or 1.79%, to 1,813 points. Thus, in just the first two trading sessions of March, the index has lost approximately 67 points. Meanwhile, the HNX-Index rose 1.01% to 260 points and the Upcom-Index increased 0.35% to 129 points.

Liquidity remained very high, with the total market trading value reaching 47,000 billion VND, and HoSE alone accounting for nearly 42,400 billion VND in matched orders.

The market entered the March 3rd session with a tug-of-war in the morning, but selling pressure increased significantly from the beginning of the afternoon session, especially in large-cap stocks, causing the VN-Index to plummet rapidly after 2 PM.

VinGroup stocks led the afternoon's decline. The drops in VIC (-7%) and VHM (6.97%) directly subtracted 8.5 points and 5.6 points from the VN-Index, respectively. Other stocks in the same group, such as VRE and VPL, also fell by more than 5.2%, creating a negative ripple effect across the entire real estate sector.

Stocks continue to plummet. (Illustrative image)

Apart from the "Vin group," most other real estate stocks also weakened. BCM fell 3.5%, while KBC, IDC, NLG, and HDC all declined by 1-3%.

Meanwhile, stocks like OIL, PVS, PVB, POS, and DPM surged. Liquidity exploded in this group, with BSR exceeding 1,700 billion VND, while PLX and POW both surpassed 1,100 billion VND, placing them among the highest-trading-value stocks on the market.

Notably, in today's trading session, foreign investors continued to net sell nearly 800 billion VND on the HoSE, concentrated in HPG (approximately 370 billion VND), VHM (253 billion VND), and VNM (143 billion VND).

On the buying side, foreign capital flows focused on the financial and oil and gas-fertilizer sectors. DCM, SSI, and VPB saw net buying exceeding 100 billion VND; PVT, GAS, PC1, and HCM also recorded net buying values exceeding 50 billion VND.

Conversely, the VN30 basket was the focus of capital outflows. Following last week's strong net buying streak, HPG experienced the heaviest net selling with 370 billion VND, followed by VHM (253 billion VND). VIC,ACB , BSR, POW, and VNM also saw net selling exceeding 100 billion VND. In the previous session, POW shares also experienced profit-taking of nearly 190 billion VND.

In terms of price movements, among the stocks with the strongest net buying, VPB, TPB, and BID still closed below the reference price, down 1-3.7%. On the selling side, many stocks that had hit the ceiling price, such as GVR, PLX, BSR, and POW, experienced strong profit-taking, whileFPT , HPG, and VNM fell 2.8-5%.

Ngoc Vy

Source: https://vtcnews.vn/vn-index-tiep-tiep-lao-doc-mat-33-diem-ar1005671.html