Bank stocks lose momentum, APEC group stocks regain their "momentum".

The lingering effects of yesterday's session caused the market to quickly drop nearly ten points after opening. Widespread selling pressure kept the market fluctuating around the 1,265 point mark; however, the selling pressure wasn't too strong, preventing stocks from falling too sharply.

After a strong surge since the beginning of the year,FPT has undergone a correction and is one of the reasons dragging down the market. PSH also hit the floor after news that four individuals were fined 6 billion VND for manipulating the stock market for this stock.

At the close of the morning trading session on May 30th, the VN-Index fell 15.81 points, or 1.24%, to 1,256.83 points. Across the entire exchange, there were 77 gainers and 345 losers.

VN-Index performance on May 30 (Source: FireAnt).

Entering the afternoon session, investor sentiment became less negative, helping the overall index narrow its decline. More green appeared on the trading screen.

At the close of trading on May 30th, the VN-Index fell 6.32 points, or 0.5%, to 1,266.32 points. Across the entire exchange, there were 156 gainers, 277 losers, and 70 stocks that remained unchanged.

The HNX-Index fell 0.14 points to 244.01 points. Across the entire exchange, there were 78 gainers, 87 losers, and 65 stocks unchanged. The UPCoM-Index fell 0.12 points to 95.8 points.

The pair of VCB and BID led the market's decline, deducting a total of 2.9 points. MBB and SAB were also among the top 10 negatively impacting the market, each deducting 1 point. Conversely, TCB, CTG,ACB , and OCB were among the top 10 contributing to the market's rise, with a combined contribution of 0.7 points.

The trio of Vingroup stocks negatively impacted the market, deducting a total of 1.9 points, with VIC alone accounting for nearly 1.2 points. Similarly, in the real estate sector, DIG, PDR, KBC, HPX, SZC, IJC, and IDC also closed in the red. Meanwhile, TCB, HQC, HDG, CEO, ASM, LDG, ITA, DXS, BCR, and HDC ended the session higher.

Following yesterday's sharp correction, Apec group stocks regained momentum, with IDJ hitting its ceiling price at 8,000 VND/share, APS also reaching its ceiling price at 8,800 VND/share, and API rising 7.84% to 11,000 VND/share. Prior to this positive close, these three stocks also experienced significant declines during the morning session, with API even hitting its floor price at one point.

Vietnam Airlines' HVN stock reversed its upward trend after reaching a peak and a six-session winning streak from around 22,600 VND/share. At the close of trading on May 30th, HVN fell 2.12% to 27,700 VND/share, subtracting over 0.3 points from the market. Its competitor, Vietjet Airlines' VJC, also declined 0.83% to 107,000 VND/share.

These codes impact the market.

The total value of matched orders in today's session reached VND 31,631 billion, a 9% increase compared to yesterday, of which the value of matched orders on the HoSE exchange reached VND 25,853 billion. In the VN30 group, liquidity reached VND 9,846 billion.

Foreign investors continued their net selling streak for the fifth consecutive session, with a net selling value of VND 1,353 billion today, including VND 1,514 billion in disbursements and VND 2,867 billion in sales.

Stocks that experienced significant selling pressure included MSR (1.627 billion VND), MBB (219 billion VND), FPT (203 billion VND), VND (177 billion VND), VCB (113 billion VND), etc. Conversely, stocks that were mainly bought up included PVT (45 billion VND), TCB (42 billion VND), HVN (37 billion VND), DBC (37 billion VND), BAF (28 billion VND), etc.

Source: https://www.nguoiduatin.vn/co-phieu-ngan-hang-hut-hoi-ho-apec-lay-lai-phong-do-a666095.html