Real estate stocks remain green in sell-off session

SGGPO 08/10/2023 16:39

The market continued to record the second consecutive deep correction session since the VN-Index reached its highest peak since the beginning of 2023 at the beginning of the week. The market was immersed in red with the number of stocks decreasing more than 3 times the number of stocks increasing. Only the group of real estate stocks still maintained the green color.

The market had a second consecutive sell-off session, causing the VN-Index to fall deeply.

The Vietnamese stock market on August 10 continued to face widespread selling pressure from both domestic and foreign investors, causing the market to continue to decline sharply. Foreign investors also net sold nearly VND343 billion on the HOSE.

In terms of industry structure, most groups recorded a decrease in points, in which the finance, consumer goods, and raw materials sectors had the highest decrease in points, only the real estate group increased points. Accordingly, the real estate group had QCG, SJS, TDH, VPH hitting the ceiling, VIC increasing by 3.2%, NVL increasing by 3.5%, SCR increasing by 3.3%...

In the VN30-Index basket, 24/30 stocks decreased and only 3 stocks increased: VIC increased by 3.19%, GAS increased by 1% and PLX increased by 0.20%.

Closing the trading session on August 10, VN-Index continued to decrease by 13.38 points to 1,220.61 points with 371 stocks decreasing, 118 stocks increasing and 45 stocks remaining unchanged.

At the end of the session at Hanoi Stock Exchange, HNX-Index also decreased by 1.97 points to 243.91 points with 128 stocks decreasing, 68 stocks increasing and 59 stocks remaining unchanged.

Liquidity remained high with a total transaction value across the market of nearly VND 23,800 billion, of which the HOSE floor accounted for more than VND 20,000 billion.

Foreign investors net sold nearly 343 billion VND on HOSE, focusing on large stocks such as MSN, VPB, SSI, VCB, KBC...

Source: https://www.sggp.org.vn/co-phieu-bat-dong-san-van-giu-duoc-sac-xanh-trong-phien-ban-thao-post701045.html