Stocks reversed 30 minutes before closing in the morning session, then widened the red in the afternoon session when order placement encountered difficulties.
Today's session did not reflect the entire supply and demand as trading faced difficulties from the beginning of the afternoon session. VN-Index opened in the green with the pull of pillar groups such as banking and retail. However, selling pressure gradually increased as the HoSE index approached the 1,280 point zone.
The index reversed from mid-morning, gradually narrowing the green. Near lunchtime, selling pressure increased sharply, pulling the VN-Index back to red. However, the order congestion in the early afternoon session reduced the selling pressure.
The index moved sideways from the opening of the afternoon session until 2 p.m., when investors were unable to place, modify or cancel orders. As the congestion eased, red dominated again. The VN-Index fell more than 10 points at one point, before narrowing in the ATC session.
At the end of the session, VN-Index decreased by 7.25 points (0.57%), down to 1,262.73 points. VN30-Index lost more than 9 points (0.71%), down to 1,271 points. On the Hanoi Stock Exchange, HNX-Index and UPCOM-Index both closed in red.
Total market liquidity reached nearly VND27,900 billion. Of which, liquidity on the HoSE accounted for nearly VND24,900 billion. Foreign investors net sold more than VND160 billion today.
HoSE floor has 130 stocks increasing in price, compared to 356 stocks decreasing in price.
SAB was the stock that contributed the most to the VN-Index with 0.76 points when this code closed up more than 4%, to 61,300 VND. MSN, GAS, TCB, BCM added more than 1%.
On the contrary, red dominated the bluechip group. VRE closed down more than 3%, GVR, MWG lost more than 2% of market value, VPB, VNM, FPT, VHM, ACB , STB closed down more than 1%.
Minh Son
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