Real estate stocks sold off again

Báo An ninh Thủ đôBáo An ninh Thủ đô14/09/2023


ANTD.VN - A series of real estate stocks fell sharply, causing the VN-Index to drop 14.58 points in today's session.

The stock market is in a relatively sensitive phase when, after a long increase, cash flow becomes more cautious, investors aggressively take profits, causing the market to continuously have sessions of strong fluctuations and adjustments.

According to the assessment, the coming time will likely be an accumulation period, many recommendations suggest that investors should reduce the proportion to observe.

In today's trading session, the market also opened cautiously, VN-Index fluctuated but selling pressure prevailed, the number of stocks losing points dominated the board.

Profit-taking pressure was strongest in real estate and securities stocks, with many stocks being sold heavily such as VIC, VHM, NVL, HPX.

Thị trường chứng khoán đang trong giai đoạn nhạy cảm ảnh 1
The stock market is in a sensitive phase.

At the end of the morning session, VN-Index decreased by 6.17 points (-0.50%) to 1,233.22 points. Total trading volume reached more than 497.7 million units, worth VND11,294.2 billion, slightly down from yesterday morning.

HNX-Index this morning also decreased by 0.92%, down to 253.75 points; UPCoM-Index decreased by 0.28%, down to 93.92 points.

Selling pressure increased more strongly in the afternoon session in the group of real estate stocks, pulling many stocks down to the floor price, such as: HPX, TGG, QCG... HPX today traded negatively after the news that Hai Phat was suspended from trading and the company's leaders were continuously sold off their mortgaged shares. More than 83 million shares of this company were matched at the floor price and there were more than 12 million units left to sell.

This is also the stock with the largest trading volume in today's session.

NVL ranked second with nearly 77 million shares changed hands. At the end of the session, NVL also decreased sharply by 6.27%.

The pair VIC and VHM were the stocks that contributed the most negatively to the market today, both falling over 6%.

Overall today, the real estate group fell the most with the overall decrease of the entire industry group being more than 4%. The securities group also recorded a decrease of nearly 1.5%.

The VN30 group recorded some active trading of banking stocks, such as CTG, VIB, MBB, HDB and some other stocks such as SAB, VNM, GAS. There were 2 other stocks that remained unchanged, VCB and VJC, while the remaining 21 stocks decreased.

At the end of the session, VN-Index fell quite deeply by 14.58 points (-1.18%) to 1,223.81 points; HNX-Index fell by 4.25 points (-1.66%) to 251.86 points; UPCoM-Index fell by 0.53 points (-0.57%) to 93.65 points.

On the 3 floors today, there were nearly 600 stocks decreasing compared to 230 stocks increasing. Market liquidity reached over 30 trillion VND.

Foreign investors continued to have a net selling session of more than 160 billion VND.



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