Stocks regain balance, investors feel more "comfortable"

10/27/2023 15:44 Nhat Linh Print article

ANTD.VN - Many investors holding money did not want to miss out on the good price after the deep drop yesterday and this morning, helping the stock market successfully regain green.

After yesterday's steep decline when VN-Index dropped more than 46 points, investors were quite pessimistic when entering the new trading session. However, in the first minutes of trading, the sell-off was somewhat restrained, with the indices struggling around the reference.

But the buyers' efforts quickly ran out of steam after about 90 minutes of trading, as many large stocks showed no improvement in price, causing red to gradually dominate the electronic board. The biggest burden on the market was still the trio of "Vin" stocks, as VIC, VHM, and VRE all fell sharply by 4-6.6% in the morning session.

Nhà đầu tư bớt lo hơn khi thị trường chứng khoán tạm thời lấy lại thăng bằng ảnh 1

Investors are less worried as the stock market temporarily regains balance.

At the end of the morning session, VN-Index decreased by 5.9 points (-0.56%), down to 1,049.55 points. Meanwhile, with less burden from large stocks, the HNX floor seemed a bit more positive, HNX-Index increased slightly by 0.82 points (+0.38%) to 215.8 points. UPCoM-Index decreased slightly by 0.04 points (-0.04%) in the morning session, down to 82.75 points.

In the afternoon session, the market did not improve, causing investors to worry. Selling pressure increased sharply after about 30 minutes of trading, causing the VN-Index to drop by nearly 18 points at one point. At this point, the money holders seemed not to want to miss the opportunity, and the massive cash flow into the market pushed the indices almost vertically up.

Leading the recovery as usual is still the securities group, when at the end of the session, 20/25 codes increased points. In the banking group, only CTG and TCB decreased, the rest increased, in which LPB hit the ceiling, BID and VIB increased strongly by around 4%.

Real estate today witnessed many small stocks recovering strongly, with DXG, DIG, CEO, SGR... hitting the ceiling. The entire industry group had 47 stocks increasing compared to only 11 stocks decreasing in price, however, with the weight of VHM and VRE, the overall index of the industry group still decreased by more than 1.4%.

Today, although the rumors related to Vingroup have been clarified, VHM was still sold off with more than 18 million units matched, closing the session with a decrease of 6.22%; VRE hit the floor with nearly 13 million shares traded. Only VHM was able to maintain the reference today.

At the end of the session, all three indices successfully regained green. VN-Index increased by 5.17 points (+0.49%) to 1,060.62 points. On the HOSE floor, there were 309 stocks increasing, 165 stocks decreasing. Liquidity on HOSE today reached more than 13,700 billion VND, foreign net selling was more than 350 billion VND.

Similarly, the HNX-Index increased by 3.06 points (+1.42%) to 218.04 points. The HNX floor also had an overwhelming number of increasing codes with 113 codes compared to 61 decreasing codes. Foreign investors net bought 43.5 billion VND on this floor.

UPCoM-Index today also increased slightly by 0.31 points (0.37%) to 83.1 points.

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