Session on April 22, VN-Index lost the 1,200 point mark

The US stock market fell last night, coupled with disappointing first quarter business results, causing investors to sell heavily this morning, April 22.

On the Ho Chi Minh City Stock Exchange, at the end of the morning trading session, VN-Index stopped at 1,189.07 points, down 18 points.

VN-Index dropped nearly 10 points at the close of session on April 22. Screenshot

In the afternoon session, the market suddenly dropped sharply when sell orders were issued by investors, especially at 1:20 p.m., most stocks decreased in price, pushing the VN-Index down by more than 69 points, below 1,140 points.

After the market fell to a deep level, the cash flow disbursed at low prices increased sharply, helping the market become more balanced, and the VN-Index decreased more slowly.

At the end of the session, VN-Index decreased by 9.94 points (-0.82%), down to 1,197.13 points; VN30-Index reached 1,290.38 points after decreasing by 3.91 points (-0.3%).

Red dominated the electronic trading board with 132 codes increasing in price and 400 codes decreasing in price (24 codes hitting the floor). In the VN30 group, the number of codes increasing and decreasing in price was 10 codes and 18 codes.

Most industry groups decreased; in which telecommunications, specialized services and trade, energy, vehicles and components decreased by more than 3%. The rare industry groups showing green were transportation, distribution and retail of durable goods.

Taking away the most points in this session was VIC with more than 2.2 points; followed by GVR (1.26 points), TCB (nearly 1 point). Meanwhile, VHM was the code that contributed the most to the VN-Index with nearly 2.6 points, followed by HVN (nearly 0.8 points).

The sharp decline and the increased buying power of low-priced stocks have caused market liquidity to skyrocket. Over VND34,000 billion was changed hands on the entire floor. Notably, foreign investors traded strongly and were net buyers. This group bought over VND3,842 billion and sold over VND3,322 billion.

On the Hanoi Stock Exchange, the total transaction value reached over VND1,900 billion. At market close, the HNX-Index closed at 207.71 points, down 3.76 points (-1.78%); the HNX30-Index stopped at 409.23 points, down 11.77 points (-2.79%).

Source: https://hanoimoi.vn/phien-ngay-22-4-vn-index-mat-moc-1-200-diem-699950.html