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There was a time when VN-Index "broke through" the 1,200-point mark during the session but then turned back to near the reference point at the close of the session, despite foreign investors still tirelessly selling.
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The Vietnamese stock market on September 19 witnessed a strong shake-up when the VN-Index opened up 5 points, then turned down more than 10 points - leaving the 1,200 point mark and then recovered spectacularly in the last 20 minutes of the session.
The group of stocks that helped VN-Index recover quickly were large-cap stocks. Of which, STB increased by 2.15%, HPG increased by 1.99%, FPT increased by 1.55%... Another group of stocks that increased positively, helping VN-Index narrow the decline was steel. Accordingly, in addition to HPG increasing by nearly 2%, HSG also increased by 5.5%, NKG increased by 5.34%...
The real estate stock group had a clear differentiation with large stocks falling sharply such as: FCN down 6.96%, NVL down 4.68%, CII down 3.96%, HDC down 2.19%, VIC down 2.42%, KDH down 1.45%, NLG down 1.08%, HHV down 1.12%... meanwhile DIG up 2.24%, LGC up 6.28%, CRE up 2.91%, QCG up 2.26%... The securities stock group also had differentiation but many stocks increased positively such as: SSI up 1.4%, BSI up 1.52%, CTS up 2.22%, ORS up 4.19%; VND, HCM, VDS up nearly 1%. Meanwhile, the banking stocks group leaned towards red with BID down 1.2%, VPB down 1.13%, VIB down 1.19%, OCB down 1.88%, EIB down 3.16%... only STB up 2.15%, MSB up 2.76%.
At the end of the trading session, VN-Index only slightly decreased by 0.31 points (0.03%) to 1,211.5 points with 244 stocks decreasing, 255 stocks increasing and 66 stocks remaining unchanged. At the end of the session on the Hanoi Stock Exchange, HNX-Index also slightly decreased by 0.26 points (0.10%) to 250.22 points with 86 stocks decreasing, 88 stocks increasing and 64 stocks remaining unchanged. Liquidity improved compared to the previous day, with total trading value across the market reaching nearly VND26,200 billion, of which the HOSE accounted for more than VND23,300 billion. Although the market recovered well, foreign investors continued to sell off their stocks, continuing to net sell nearly VND376 billion on the HOSE.
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