VN-Index dropped nearly 14 points in the first session of the week, NVL traded abnormally

The stock market fluctuated negatively in the first session of the week when most stock groups went down, while many real estate stocks went against the general trend.

VN-Index reached a session high of 1,291.27 at the end of the week, but could not maintain it, the index closed at 1,281.8 points, showing increased demand pressure to take profits at high points. Before entering the new trading session, the market received information that VNDirect - a securities company in the top 3 of the market in terms of brokerage market share, had its system attacked and customers could not trade. The incident of VNDirect somewhat affected the psychology and trading in the market because this is a securities company with a top 3 market share on the HoSE in 2023.

Entering the trading session on March 25, investors were more cautious after 3 consecutive sessions of increasing points. Profit-taking pressure increased, pushing the VN-Index back below the reference level. However, demand quickly returned and helped the indices recover. The slight green color of the VN-Index was maintained for the rest of the morning session.

In the afternoon session, trading on the market became more negative as selling pressure increased and pushed a series of stock groups down. Investor sentiment became pessimistic when there were some rumors about a securities company cutting margins for many stocks.

In the group of large stocks, BID fell sharply by 2.2% and took away 1.67 points from the VN-Index. Banking codes such as CTG, VCB, ACB... were also in red and put a lot of pressure. CTG also fell by 2.8% and took away 1.31 points from the VN-Index. In addition, large stocks such as GVR, MSN, HPG... also decreased in price. GVR fell more than 4% and took away 1.32 points.

NVL is the stock with the most positive impact on VN-Index on March 25

The stock market group also did not move well. The focus of this group was on VND, at times VND was under strong selling pressure and fell by more than 3%, however, the demand was still relatively strong, helping to narrow the decline at the end of the session and only fell to 1.44%. Notably, although not the "main character" in the stock market group today, VCI was unexpectedly sold off heavily in the last minutes of the session and fell by 3.2%, VDS fell by 3%, and HCM also lost 1.75%.

On the other hand, the real estate group had positive fluctuations, of which NVL was the focus when it increased by more than 3.5% and had a sudden order matching of 110.5 million units, of which foreign investors bought more than 13.5 million units. NVL was also the code with the most positive impact when it contributed 0.29 points to the VN-Index. In addition, other real estate codes such as HPX, QCG, DRH, KHG... also fluctuated in a positive direction.

In addition, the banking group also had differentiation when recording some codes increasing in price in today's session such as VPB, TPB...

At the end of the trading session, VN-Index decreased by 13.94 points (-1.09%) to 1,267.86 points. The entire floor had 119 stocks increasing, 351 stocks decreasing and 71 stocks remaining unchanged. HNX-Index decreased by 0.87 points (-0.36%) to 240.81 points. The entire floor had 65 stocks increasing, 93 stocks decreasing and 69 stocks remaining unchanged. UPCoM-Index maintained its green color when it increased by 0.14 points (0.15%) to 91.09 points.

Market liquidity decreased slightly compared to the session at the end of last week. The total transaction value on HoSE alone reached VND29,258.55 billion, down 15.76% compared to the previous session, partly due to the absence of transactions from the top 3 securities company in the market, VNDirect. Negotiated transactions contributed nearly VND2,027 billion. Meanwhile, the transaction value on HNX and UPCoM reached VND2,924 billion and VND530 billion, respectively.

NVL topped the market's matched orders with 110 million units. Following that, VND and VIX matched orders with 86 million units and 40 million units, respectively.

Foreign investors extend net selling streak

Foreign investors net sold for the 10th consecutive session on HoSE alone with a value of VND540 billion, of which, this capital flow net sold the most VNM code with VND164 billion. MSN and VHM were both net sold over VND100 billion. In the opposite direction, NVL was the strongest net bought with VND237 billion. PDR and STB were net bought for VND61 billion and VND41 billion, respectively.

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