Stocks fell sharply for the second consecutive session, foreign investors increased net buying

ANTD.VN - Once again, massive selling pressure at the end of the session continued to push the VN-Index down more than 14 points in today's session. The bright spot was that foreign investors were net buyers for the second consecutive session.

Opening the last trading session of the month, investors remained cautious after yesterday's deep decline. The bluechip group was strongly differentiated, causing the VN-Index to shake and fluctuate strongly in the morning session.

The market also witnessed a decline in many stocks after announcing negative business results for the third quarter and the first nine months of the year, with some businesses falling beyond investors' expectations.

Mobile World Joint Stock Company (MWG) had positive profits but compared to the same period last year, it decreased by nearly 98% in the first 9 months of the year, while financial debt increased by nearly 7,000 billion VND.

Or LTG shares also dropped to the floor by nearly 15%, when Loc Troi Group Corporation just recorded a record loss of 327 billion in the third quarter, surprising investors in the context of high rice prices and rice exports.

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Stock market falls sharply for second consecutive session

Similarly, Binh Thanh Production, Trading and Import-Export Joint Stock Company (Gilimex, HOSE: GIL) also disappointed shareholders with a net loss of more than VND19 billion, while in the same period it made a profit of VND128 billion.

At the end of the morning session, thanks to the support of banking and securities stocks, the VN-Index increased slightly by 1.57 points (+0.15%), to 1,043.97 points. The market was mixed with only 147 stocks increasing and 306 stocks decreasing. The total trading volume on the HOSE floor reached more than 291 million units, worth VND5,628.5 billion, up more than 53% in volume and 66% in value compared to yesterday morning.

HNX-Index ended the morning session also narrowing the decline to 0.99 points (-0.47%), down to 210.35 points. UPCoM-Index decreased 0.48 points (-0.58%), down to 81.8 points.

In the afternoon session, the VN-Index's recovery effort failed once again. Once again, the sell-off scenario at the end of the session repeated itself, causing the indices to plummet. The market traded quite dramatically at the end of the session when it witnessed a fairly quick recovery thanks to the bottom-fishing cash flow. However, fear once again overwhelmed this fragile demand.

The group of securities stocks turned around and fell miserably with VCI, FTS, IVS hitting the floor. Large stocks fell deeply such as SSI down 6.36%, VND down 5.78%, HCM down 6.15%, SHS down 6.52%... At the end of the session, only TVS maintained green, the general index of this industry group fell by nearly 6%.

The retail group also fell sharply with the two "locomotives" MWG and VGC hitting the floor. Real estate today recorded 53 stocks falling, of which 7 hit the floor, leaving only 5 green stocks. VHM, VIC, and VRE all fell, of which VRE fell the deepest, nearly 4%.

The least negative stock group today is banking, thanks to the support of large stocks such as VCB, CTG...

The large-cap group today also saw SAB and GVR both fall by over 6%. VN30 had 10 stocks increase, 4 stocks remain unchanged and the remaining 16 stocks decrease.

At the end of the session, VN-Index witnessed a sharp decrease of 14.21 points (-1.36%) to 1,028.18 points. On the HOSE floor, there were 448 stocks decreasing compared to 66 stocks increasing.

Liquidity increased sharply in the last minutes of the session, helping the trading value of this floor increase quite strongly to nearly 15,000 billion VND with 755.5 million shares matched. Foreign investors net bought 306.6 billion VND.

HNX-Index today also decreased by 5.17 points (-2.45%) to 206.17 points. HNX floor had 131 stocks increasing compared to 37 stocks decreasing. Liquidity reached more than 1,900 billion VND and foreign investors net bought 66.2 billion.

Similarly, UPCoM-Index decreased by 1.35 points (-1.64%) to 80.93 points with more than VND500 billion traded. Foreign investors net bought more than VND9 billion on this floor.

Thus, in today's deep decline, foreign investors traded quite actively when they net bought more than 380 billion VND on 3 exchanges.

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