Bottom fishing helps stocks slow down

On the Ho Chi Minh City Stock Exchange, at the close of the market, VN-Index decreased by 19.17 points (-1.56%), to 1,210.67 points; VN30-Index stopped at 1,280.52 points, down 2.66 points (-0.21%). Thus, compared to the decrease of nearly 88 points yesterday and over 70 points at the beginning of this morning's session, the market's decline has slowed down a lot.

Market developments on April 4. Screenshot

That is thanks to the increased bottom-fishing force and the recovery of some key stocks. First is VIC stock. The third largest stock in the market increased by 3.74%, contributing the most to the VN-Index with more than 2 points; followed by LPB (nearly 1.7 points), VNM (1.04 points), VHM (1.01 points).

On the other hand, GAS is the code that takes away the most points with more than 2 points, followed by GVR (more than 1.8 points)...

On the electronic trading board, unlike the previous session when most of the codes decreased in price, this session had many codes showing green. The market recorded 138 codes increasing in price, of which 5 codes increased to the ceiling price, 354 codes decreased in price. In the VN30 group, the number of codes increased and decreased were 9 codes and 20 codes, respectively.

However, most sectors fell, with the sharpest declines being in vehicles and components, energy, and semiconductors with a decrease of over 5%. Going against the market were hardware and healthcare stocks with an increase of over 2%.

Mining stocks continue to be “immune” to tariff information. YBM still hit the ceiling this session. On the Hanoi Stock Exchange, KSV and BKC no longer increased to their full range but still showed green.

Supply is high but demand is also strong, so liquidity is high. The entire floor has more than 42,000 billion VND changed hands. Foreign investors traded very strongly. This group bought 4,296 billion VND and sold over 7,109 billion VND.

On the Hanoi Stock Exchange, at the end of the session, the HNX-Index stopped at 216.97 points, down 3.97 points (-1.8%); the HNX30-Index was at 432.55 points after falling 10.87 points (-2.45%). The total transaction value reached nearly 1,900 billion VND.

Source: https://hanoimoi.vn/luc-bat-day-giup-chung-khoan-giam-cham-lai-697902.html