A lot of money poured in, stocks fell sharply and then rose again

At times, it seemed that the rising selling pressure could cause the index to drop sharply, but with strong support from cash flow, what was "lost" was quickly recovered during the session.

Stocks recover after losing 1,600 point mark

At the end of the session, the index representing Vietnamese stocks climbed to 1,611.6 points after increasing by more than 3 points.

The market opened in the green but quickly reversed as active selling pressure spread. The VN-Index fell more than 16 points at one point, before narrowing its decline to about 10 points, remaining below the 1,600-point mark.

Liquidity continued to explode, increasing more than 43% compared to the same time last session, showing a sharp increase in selling pressure compared to demand, with the volume of active sell orders more than twice that of active buy orders.

Profit-taking pressure appeared widely, especially concentrated in the banking, securities and steel groups - accounting for more than 55% of the total active selling force in the whole market.

The morning session picture showed increased cautious sentiment, overwhelming and widespread selling pressure, while there were still some bright spots from pillar stocks and individual stocks, helping the index avoid a deeper decline.

In the afternoon session, the market was still in red, although the VN-Index narrowed its decline to about 10 points but could not regain the 1,600 point mark.

Some large-cap stocks maintained positive growth momentum, contributing to supporting the index and somewhat stabilizing investor sentiment. Notable among these were MBB (+6.17%), MSN (+2.75%), LPB (+3.2%)…

Market developments show clear differentiation, within each industry group there are both strong increases and deep decreases.

In the technology group, CMG hit the ceiling, in contrast to the 2.23% decrease of the leading stockFPT . The real estate group recorded CII and NLG hitting the ceiling, while NVL and HDC both fell. In the retail sector, MSN maintained green, but MWG adjusted.

Abundant cash flow waiting to enter the market

Regarding industry developments, the number of industry groups that lost points was overwhelming at 12/22, of which energy and information technology lost the most points.

The real estate group "recovered" with many stocks increasing well, so at the end of the session it was still a bright spot with a general increase of 0.7%.

Although profit-taking pressure at high prices is strong, demand waiting for disbursement is also not inferior.

The total transaction value of the entire market today reached more than 62,400 billion VND, reflecting that the cash flow remains vibrant. Thanks to that, despite concerns and caution from analysts, the index has strongly recovered from the session's bottom, contributing to the gradual stabilization of investor sentiment.

Foreign investors traded actively in both buying and selling directions, but the general trend was strong net selling, with a total value of more than 1,600 billion VND.

In particular, FPT code alone was net sold by this group for over 1,000 billion VND, followed by SSI (-193 billion VND), MWG (-141 billion VND), HPG (-106 billion VND)...