Finance - Banking

VN-Index decreased nearly 13 points

TH (according to VnExpress) April 23, 2024 16:30

After struggling in the early morning, VN-Index was then dyed red when many securities and real estate stocks performed badly, closing down nearly 13 points.

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VN-Index closed at 1,177.4 points, down nearly 13 points compared to yesterday (illustrative photo)

During the first trading hours of the day, the VN-Index fluctuated continuously around the reference level as investors entered the market with a mainly exploratory mentality. After 10am, the index was continuously covered in red but kept a not too far distance from the reference level. The market only saw a few small and medium-sized stocks remaining green.

In the early afternoon, the HoSE index continued to decrease by about 5-8 points compared to yesterday. However, the market saw more intense selling pressure. After 2 p.m., the index lost the 1,180-point mark - a support level that had been well maintained since opening. The VN-Index fell to lower levels, at times falling close to 1,170 points, down nearly 20 points compared to the reference.

After the ATC session, the market improved. VN-Index closed at 1,177.4 points, down nearly 13 points compared to yesterday.

On the HoSE floor, 360 stocks decreased in price, three times more than the 117 stocks that remained green. VHM was the stock that had the worst impact on the market, followed by GVR, CTG, BID, and VIC.

By sector, securities and real estate were the two groups with the most negative developments. AGR fell to the floor price, while CTS fell 5.5%. Codes with higher liquidity in the securities group such as SSI, VIX, VCI, VND, MBS... decreased around 1.7-3.6%.

Real estate also had many codes hit the floor, most notably QCG. In addition, PDR decreased by 5.1% today. The codes DIG, TCH, CEO all decreased by more than 4%. The remaining groups mainly adjusted with a margin of 2-3%.

Today's liquidity also increased slightly by about 1,500 billion compared to the previous session, reaching nearly 17,500 billion VND. This is the second consecutive session that the Ho Chi Minh City market recorded a transaction value of less than 20,000 billion VND, this level is only equivalent to more than half of the nearly 60-point drop on April 15.

Foreign investors continued to maintain net selling momentum in the second session with nearly 300 billion VND. They focused on selling VHM and the codes DIG, MSN, VND, SHB.

TH (according to VnExpress)
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    VN-Index decreased nearly 13 points