VN-Index down more than 12 points in first session of the week

The stock market fell slightly by more than 3 points last week. Experts from Vietnam Construction Securities Joint Stock Company said that VN-Index closed the week with a slight decrease after approaching the 1,245-point mark, indicating that profit-taking pressure is increasing and is likely to continue in the sessions of this week. Profit-taking pressure could push VN-Index back to the support zone of 1,180 points before continuing to return to the recovery trend.

VN-Index decreased in the first session of the week. Screenshot

On the Ho Chi Minh City Stock Exchange, after opening today's session, the market was green but the increase was not high. When entering the continuous order matching session, the index representing the floor was in a tug-of-war state, then decreased. At the end of the morning trading session, the VN-Index decreased by 12.97 points, down to 1,206.15 points.

In the afternoon session, selling pressure increased, causing the market to drop nearly 16 points at one point. However, the decline gradually slowed down. At the end of the session, VN-Index stopped at 1,207.07 points, down 12.05 points (-0.99%); VN30-Index was at 1,294.29 points after falling 11.95 points (-0.91%).

Red dominated with 339 stocks going down and 181 stocks going up. In the VN30 group, the number of stocks increasing in price was twice as high as the number of stocks decreasing in price (19 stocks and 9 stocks).

This session, the group of stocks leading the market performed poorly. Among the 10 stocks with the largest capitalization, only VCB and FPT are currently in the green, but the increase is not high, 0.17% and 0.09% respectively.

Meanwhile, in the opposite direction, VIC - the third largest code in the market, dropped to the floor price, taking away nearly 4 points; followed by BID with more than 1.16 points.

Most industry groups decreased in points; in which, the healthcare, transportation, telecommunications, raw materials, and real estate industries decreased by more than 1%. The securities industry alone decreased the most in the market with 2.68%.

Specialized services and commerce, entertainment media, pharmaceuticals-biologicals go against the market.

Liquidity decreased compared to the last session of the week, reaching nearly 18,500 billion VND compared to 2,500 billion VND. The bright spot in the market was foreign investors net buying. This group bought nearly 1,783 billion VND and sold nearly 1,611 billion VND.

On the Hanoi Stock Exchange, at the end of the session, the HNX-Index stopped at 211.47 points, down 1.63 points (-0.76%); the HNX30-Index fell 1.73 points (-0.41%), to 420.99 points. The entire exchange had more than 1,100 billion VND changed hands.

Source: https://hanoimoi.vn/phien-dau-tuan-vn-index-giam-hon-12-diem-699809.html