Stocks successfully reversed after 4 sessions of decline, VN-Index increased by nearly 16 points

ANTD.VN - After 4 consecutive sessions of decline, VN-Index lost more than 88 points, the stock market suddenly recovered strongly at the end of today's session with the HoSE index increasing nearly 16 points.

Like recent trading sessions, the stock market today continued to open in a cautious state of investors when in just 4 consecutive sessions, the VN-Index lost more than 88 points.

Buyers were not in a hurry, but sellers were also restrained, not placing sell orders at all costs. As a result, the indices bounced above the reference in the early trading session, but the price base remained low.

However, with each market recovery, selling pressure also increases, causing the indices to lose stability and fluctuate around the reference with very low liquidity.

Yesterday's scenario repeated itself this morning, when after about 1 hour of trading, the sellers seemed to lose patience, causing selling pressure to increase, and the VN-Index plummeted, breaking through the 1,130 point threshold.

However, at the end of the morning session, bottom-fishing demand also began to join in, helping the market slow down the decline and the VN-Index narrowed its decline to 6.94 points (-0.61%), down to 1,131.02 points.

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Buying power at the end of the session helped the stock groups change color successfully.

Some large-cap stocks such as VCB, SSI, VJC, HPG, MBB, BID... increased in the morning session, which was the main supporting factor helping the market narrow the decline.

The HNX floor also recorded overwhelming red in the morning session, with the index, HNX-Index decreased by 0.89 points (+0.39%), down to 228.86 points. UPCoM-Index this morning also decreased by 1.3 points (-1.46%), down to 87.13 points.

In the afternoon session, bottom-fishing demand entered the market more boldly, helping the indices gradually increase, although sometimes they still faced selling pressure. After about 1 hour of trading in the afternoon session, VN-Index successfully regained the reference and continued to increase quite strongly, a series of stocks changed color quickly.

When the market is positive, as usual, the securities group leads the increase. At the end of today's session, the index of this industry group increased by nearly 6.3% with a series of stocks hitting the ceiling such as MBS, FTS, BSI, CTS, AGR. Large stocks such as SSI and VND also increased to the ceiling.

Real estate increased with a narrower amplitude but there were also many codes showing purple colors such as PDR, GEX, or HUT, RCL on the HNX floor.

Today, the VN30 group, except for SAB and PLX, decreased, HDB remained unchanged, the rest increased. In which, the biggest contributors to the general index were VCB, MSN, VPB, GVR, SSI, HPG...

On the 3 floors today, there were more than 450 codes increasing in price, more than nearly 340 codes decreasing in price.

VN-Index closed at the session high of 1,153.85 points, up 15.89 points (1.4%). Thus, the HoSE index today recovered all the losses in yesterday's session.

Similarly, HNX-Index also increased by 6.09 points (2.65%) to 235.84 points; UPCoM-Index increased by 0.31 points (0.35%) to 88.73 points.

Liquidity on the three exchanges today was lower than previous sessions with nearly VND21,200 billion traded. Foreign investors had their third consecutive net buying session, but the net buying value narrowed to more than VND145 billion.

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