VRE and HVN join forces to create a stir.

The market opened in an attempt to recover after yesterday's sharp decline. However, selling pressure intensified, causing the VN-Index to reverse direction towards the end of the morning session.

The highlight came from VRE, which hit its ceiling price early on. Market volatility then prevented it from maintaining the ceiling, but it still rose 6.3%. Strong selling pressure in the banking andFPT sectors also weighed heavily on the index.

At the close of the morning trading session on June 25th, the VN-Index fell 2.16 points, or 0.17%, to 1,251.96 points. Across the entire exchange, there were 179 gainers and 196 losers.

VN-Index performance on June 21 (Source: FireAnt).

Entering the afternoon session, investor sentiment became less pessimistic, and buying pressure helped the VN-Index recover slightly.

At the close of trading on June 25th, the VN-Index rose 2.44 points, or 0.19%, to 1,256.56 points. Across the entire exchange, there were 238 gainers, 161 losers, and 81 stocks that remained unchanged.

The HNX-Index rose 0.45 points to 240.19 points. Across the entire exchange, there were 85 gainers, 86 losers, and 67 stocks unchanged. The UPCoM-Index fell 0.23 points to 98.83 points.

VRE regained its upward momentum and led the market's gains with a contribution of 0.8 points. Prior to this, the stock had seen a streak of 8 consecutive days of decline, bringing its share price to a 4-year low. VHM also contributed nearly 0.4 points to the market. Thanks to the pull from the Vingroup group, the real estate sector saw a good increase of 1.02%, with stocks like TCH, NVL, DIG, HDG, KHG, HDC, NLG, KBC, and KDH all closing in positive territory.

Following a sharp drop, Vietnam Airlines ' HVN stock surged 3.98% to 34,000 VND per share, contributing over 0.7 points to the market. This upward trend was supported by news that Pacific Airlines will resume domestic flights with its Airbus A321 fleet from June 26, 2024.

Although the banking sector saw a relatively balanced mix of gains and losses, the sharp decline in large-cap stocks caused the entire sector to lose 0.21%. BID led the decline, taking away over 1.1 points, while SSB and CTG also contributed over 1 point each. MBB, ACB, KLB, TIN, and SGB also closed in the red. Most remaining banking stocks gained, with only a few staying at their reference prices.

These codes impact the market.

The total value of matched orders in today's session was 24,028 billion VND, a decrease of 47% compared to yesterday, of which the value of matched orders on the HoSE reached 546 billion VND. In the VN30 group, liquidity reached 8,757 billion VND.

Foreign investors continued their net selling streak for the 14th consecutive session, with a net selling value of 705 billion VND today, including 2,791 billion VND in disbursements and 3,496 billion VND in sales.

Stocks that experienced significant selling pressure included FUEVFVND (565 billion VND), FPT (265 billion VND), MWG (129 billion VND), HPG (44 billion VND), GAS (39 billion VND), etc. Conversely, stocks that were mainly bought up included VCI (86 billion VND), HAH (41 billion VND), MSN (37 billion VND), HVN (36 billion VND), TCB (35 billion VND), etc.

Source: https://www.nguoiduatin.vn/vre-va-hvn-song-kiem-hop-bich-day-song-a669958.html