Investors lose patience, stocks are on fire, VN-Index drops more than 37 points

10/03/2023 15:36 Nhat Linh Print article

ANTD.VN - After many sideways sessions, widespread selling pressure as investors lost patience caused the stock market to turn red, with the VN-Index falling more than 37 points today.

After four sessions of almost flat market scores and almost “disappeared” cash flow, many investors began to lose patience and placed sell orders right at the beginning of the session. The VN-Index almost fell freely just about 15 minutes after opening.

Although the bottom-fishing demand later eased the decline, it could not help the indices recover. The entire VN30 basket was in red, with a series of large stocks such as: MSN, VIC, GVR, SSI, GAS, VPB all falling by 3% or more, even MWG at one point hit the floor price.

Selling pressure causes stock indexes to plummet

At the end of the morning session, the HOSE floor had only 32 stocks increasing and 474 stocks decreasing, VN-Index decreased 28.74 points (-2.49%), down to 1,126.51 points.

Similarly, HNX also had only 27 stocks increasing and 141 stocks decreasing, HNX-Index decreased 7.16 points (-3.02%), down to 229.57 points.

UPCoM-Index this morning decreased 1.39 points (-1.57%), down to 87.3 points.

In the afternoon session, after a sharp decline at the beginning of the session, the market also made an effort to recover but failed. The VN-Index closed at its lowest price today, at 1,118.1 points, down 37.15 (-3.22%) points.

Similarly, HNX-Index decreased 10.04 points (-4.24%) to 226.68 points; UPCoM-Index decreased 2.01 points (-2.27%) to 86.68 points.

On the 3 floors today, there were 851 stocks that decreased, overwhelmingly compared to only 140 stocks that increased. The number of stocks that decreased to the floor today was 83, of which, HoSE alone had 54 stocks closing the session in light blue.

Stocks continued to lead the decline with 12 stocks falling to the limit, closing the session with the entire industry index down nearly 6.5%. Next were real estate - construction, banking... also falling very deeply.

In the VN30 basket, only HDB maintained the reference price, the rest all decreased deeply, of which GVR hit the floor. SSI, MWG, BID, STB, HPG, VIC all decreased by 5-6%...

Market liquidity improved compared to previous sessions with nearly VND24,000 billion traded on 3 exchanges, of which HoSE alone was over VND21,000 billion. Foreign investors net sold over VND165 billion.

Source link: https://www.anninhthudo.vn/nha-dau-tu-mat-kien-nhan-chung-khoan-do-lua-vn-index-giam-hon-37-diem-post553628.antd