At the end of the session on August 15, the VN Index closed at 1,223 points, down 6.8 points.
Due to weak liquidity and a sharp decrease in demand, a series of stock groups were in the red in the morning session of August 15. However, thanks to some large-cap stocks such as VCB, VIC, and VHM, the market saw a slight decrease.
Entering the afternoon session, selling pressure suddenly increased, causing the number of stocks that decreased in points to flood the market. Stocks that supported the points in the morning session also gradually weakened. Foreign investors continuously bought and sold throughout the session and ended the session with a net purchase value of 119 billion VND, focusing on buying CTG, TCH, VNM...
At the end of the session, the VN Index closed at 1,223 points, down 6.8 points, equivalent to 0.55%. Liquidity on the HoSE floor decreased when only 497 million shares were successfully traded.
Some securities companies commented that liquidity in the session of August 15 continued to decline, the increase in the stock price slippage amplitude has put pressure on the overall score. However, the stock market still maintained the support zone of 1,220 points, so the market needs confirmation from cash flow to regain balance.
Meanwhile, Vietcombank Securities Company (VCBS) stated that if demand for stocks does not improve and investors remain cautious, the VN-Index will inevitably fluctuate and may fall back to the 1,210 point mark.
"The slowdown in cash flow and the decline in liquidity show that investors have not yet abandoned their cautious mentality of buying and selling stocks. If this situation does not improve, investors should consider realizing profitable transactions, while limiting disbursement to buy new stocks, and patiently waiting for clear confirmation signals from the market" - VCBS recommends.
Source: https://nld.com.vn/chung-khoan-ngay-mai-16-8-can-nhac-ban-co-phieu-da-co-lai-196240815162811012.htm
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