At the end of the trading session on December 19, VN-Index decreased by 11.33 points (-0.89%) to 1,254.67 points. Total trading volume reached more than 779.4 million units, worth VND17,881.2 billion, up 46% in volume and 40% in value compared to yesterday's session. HOSE had 75 stocks increasing and 322 stocks decreasing. The bluechip group, except for SSB shares, unexpectedly suffered increased supply pressure and fell sharply by 4.4% to VND16,500, while the rest maintained a price range of just over or under 1%.
However, the liquidity of some bluechips skyrocketed and recorded the highest matched volume on the HOSE floor this session, with SSI leading with 30.7 million units, HPG matching 30.3 million units, SHB matching 22.1 million units, VPB matching 21.1 million units.
Meanwhile, the HNX floor had 57 stocks increasing and 86 stocks decreasing. The HNX-Index increased by 0.11 points (+0.05%), to 227.54 points. The total matched volume reached more than 58.7 million units, worth VND1,115.5 billion.
The UpCoM-Index decreased by 0.34 points (-0.37%) to 92.73 points. The total matched volume reached more than 42.5 million units, worth VND603.2 billion.
The domestic stock market fell sharply due to the impact of the US stock market plunge.
The decline of the domestic stock market is not surprising and was predicted by experts. The reason is that in the trading session last night, US stocks fell sharply after the Fed announced a rate cut. All three major indexes were flat before falling sharply due to the decision to cut interest rates by 0.25 percentage points by the US Federal Reserve (Fed). At the end of the session, the DJIA lost 2.58% to 42,326 points. The S&P 500 fell 2.95% to 5,872 points. The Nasdaq Composite dropped the most with 3.56% to 19,392 points.
All 11 sectors in the S&P 500 fell. Cryptocurrency-related stocks also fell after Fed Chairman Jerome Powell said the agency is not allowed to own Bitcoin and does not want to change the law to do so. Earlier, the market was rumored that the Trump administration would create a Bitcoin reserve as early as next year.
In addition, stock indexes were also red in the Japanese and Korean markets. Investors sold off stocks even though the FED cut interest rates for the third time this year but said there would only be two rate cuts in 2025, less than the four cuts previously forecast, contributing to the sell-off of international stocks.
Source: https://vtcnews.vn/vn-index-giam-hon-11-diem-ar914906.html
Comment (0)