Selling pressure increased, VN-Index continued to decrease by nearly 8 points

The Vietnamese stock market did not perform well in the session on September 5. The selling pressure increased, causing the VN-Index to suddenly reverse and decrease in the afternoon session after many attempts to increase points recorded in the morning session.

Specifically, in the morning session, the market recovered quite well, with the VN-Index at one point increasing by more than 6 points. However, from 10am onwards, selling pressure showed signs of increasing, causing the index representing the floor to increase more slowly. At the end of the morning session, the VN-Index increased by 2.02 points to 1,277.82 points.

In the afternoon session, selling pressure increased significantly, focusing on key stocks, so the VN-Index returned to the reference level and lost points, at times falling nearly 10 points, below 1,270 points.

Today (September 5), the VN-Index continued to decrease by nearly 8 points as selling pressure increased (illustrative photo).

Closing the market, VN-Index stopped at 1,268.21 points, down 7.59 points (-0.59%); VN30-Index fell 8.66 points (-0.66%) to 1,309.05 points. Liquidity reached over 16,500 billion VND. This session, foreign investors traded strongly and continued to sell net. This group bought nearly 2,770 billion VND and sold 3,453 billion VND.

Declining stocks dominated with 285 stocks going down and 118 stocks going up. Notably, in the VN30 group, stocks falling in price were nearly 8 times higher than those increasing in price (23 stocks and 3 stocks). Most industries decreased, of which energy, raw materials, vehicles and components, distribution and retail of durable goods, software, telecommunications, and healthcare were the industries that decreased by more than 1%. Retail of food and necessities, semiconductors, real estate, production materials, and hardware were the industries that were currently in the green.

The largest stock in the market, VCB, had the strongest impact on the market's decline when it decreased by 0.99%, taking away 1.22 points; followed by FPT shares with 0.84 points; GVR (0.77 points), MBB (0.6 points)...

Pillar stocks of the real estate industry supported the market in this session when VHM and VIC contributed a total of nearly 2.4 points out of a total of 2,844 points of the 10 stocks contributing the most to the VN-Index.

On the Hanoi Stock Exchange, the total transaction value reached nearly VND1,000 billion. At the end of the session, the HNX-Index decreased by 1.18 points (-0.5%), to 234.96 points; the HNX30-Index stopped at 513.75 points, down 4.37 points (-0.84%).

An Ha

Source: https://www.congluan.vn/luc-ban-gia-tang-vn-index-giam-tiep-gan-8-diem-post310748.html