Securities and banking stocks reversed

Stocks opened in the red as selling pressure continued to increase. The VN30 basket became a burden for the market when a series of codes dropped sharply. Banking and securities stocks were both immersed in negative developments.

The index representing the HoSE floor fell deeper and deeper at the end of the morning. By early afternoon, the market was close to 1,220 points. At this time, bottom-catching demand quickly appeared, helping the index gradually improve. Before entering the ATC session, the stock showed signs of reversing.

In total, VN-Index closed at 1,235.65 points, accumulating more than 5 points compared to last weekend. However, the number of increasing and decreasing stocks is not too different, 206 codes and 191 codes respectively.

In terms of sectors, the securities group contributed greatly to supporting the overall index. SSI increased by 1.9% with liquidity of nearly 259 billion VND, ranking 6th in the market. This code also appears in the top 10 stocks that support VN-Index the most today. In addition, the financial services group also recorded HCM, VCI, ORS, EVF, FTS, MBS… accumulating around 1.9-4.5% in market price.

Banks are also an active support group for the market. This industry contributes 6 representatives to the top 10 stocks that have the most positive impact on the overall index, respectively TCB, VCB, MBB, LPB, BID and CTG.

Liquidity today improved by nearly 900 billion to over 12,100 billion VND. However, most of the increased trading volume occurred in the morning, when the market dropped.

Liquidity still remains low, according to Mr. Bui Van Huy, Director of FIDT Investment Research, because investors are currently waiting for the moment Donald Trump officially becomes US President to observe the policies introduced. how come out. Besides, with exchange rate pressure increasing, they are also waiting for clearer moves from the State Bank. Tet holiday sentiment also affects many people choosing to stay out of the market.

Foreign investors were net sellers for the 5th consecutive session but the value decreased to 72 billion VND. They are mainly struggling between collecting HDB and discharging FPT goods.