After a doubtful recovery session with the index increasing and liquidity decreasing on August 7, selling pressure increased again in many sectors, stocks fell below the reference level, so the indices also decreased again. VN-Index maintained red for about 2 hours of trading in the morning session. Although there were times when the index reversed and increased again, weak investor sentiment caused the red color to return.

Techcombank (TCB) shares put the most pressure on the market today. TCB was sold off heavily from the beginning of the trading session, creating a negative sentiment among investors. At the end of the session, TCB fell 4.36%, taking 1.63 points off the VN-Index. This stock matched more than 41 million units today, of which foreign investors sold more than 11.6 million units.

TCB negatively impacted VN-Index by taking away 1.63 points

While TCB was the "sinner" in the morning session, in the afternoon session, TCH was the "last straw" and triggered selling pressure to spread to many stock groups. TCH surprised when it was under selling pressure and hit the floor to 16,600 VND/share, a decrease of 6.74% compared to the previous session. The massive selling pressure "burst out" to boost TCH stock liquidity, the matched volume was pushed up to more than 21 million shares. At the same time, the remaining selling volume at the floor price reached nearly 13 million units. HHS shares of Hoang Huy Service Investment JSC - a subsidiary in which TCH owns more than 51% of capital also hit the floor.

Not only this pair of stocks, negative sentiment spread to many other real estate stocks, in which, NTL decreased by 4.86%, this stock also had a time when it hit the floor price. HDG decreased by 2.83%...

The group of securities stocks that have recovered well in recent sessions are under strong selling pressure today. MBS decreased by 3%, CTS decreased by 2.9%, BSI decreased by 2.6%...

HVN also attracted attention when trading quite well in the early afternoon session. However, due to unpredictable fluctuations from the general market, this stock reversed and fell to the floor price of 19,950 VND/share. HVN was the code with the second negative impact on the VN-Index, taking away 0.81 points. In addition, stocks such as HPG, GVR, VNM... were also in red and put significant pressure on the VN-Index.

On the other hand, GAS, MSN, VHM, VCG... are the stocks that have the most positive contribution to the VN-Index. Of which, GAS increased by 2.9% and contributed 1.28 points. MSN increased by 2.05% and contributed 0.55 points. VCG attracted attention when it increased by 5.65% and contributed 0.14 points to the VN-Index. Along with VCG, stocks in the industry groups that are believed to benefit from public investment such as HHV, LCG, FCN... also increased in price. Recently, in the regular Government meeting in July, Prime Minister Pham Minh Chinh requested to urgently allocate the remaining 26,500 billion VND of public investment capital. In particular, the Ministry of Planning and Investment needs to resolutely transfer capital to tasks and projects with quick disbursement and capital needs before August 15.

The textile and garment group had quite positive fluctuations, in which, MSH hit the ceiling, TNG increased by 4%, TCM increased by 1.96%. The positive fluctuations of this industry group are said to come from the difficulties of the Bangladeshi textile and garment industry. Bangladesh is one of Vietnam's major textile and garment export competitors. This is the second largest garment exporting country in the world, after China. However, Bangladesh is currently experiencing political instability and is said to have a significant impact on the country's textile and garment industry.

At the end of the trading session, VN-Index decreased by 7.56 points (-0.62%) to 1,208.32 points. The entire floor had 161 stocks increasing, 257 stocks decreasing and 62 stocks remaining unchanged. HNX-Index decreased by 1.22 points (-0.54%) to 226.73 points. The entire floor had 63 stocks increasing, 82 stocks decreasing and 56 stocks remaining unchanged. UPCoM-Index increased slightly by 0.09 points (0.1%) to 92.12 points.

The total matched volume on HoSE reached 758.8 million shares, up 21% compared to the previous session, equivalent to a trading value of VND16,744 billion, of which negotiated transactions accounted for VND3,202 billion. The trading value on HNX and UPCoM reached VND1,259 billion and VND682 billion, respectively.

Top stocks with strong foreign net buying/selling in session 8/8

Foreign investors continued to net sell VND1,160 billion on the HoSE, in which, this capital flow net sold the most VJC code with VND334 billion and mainly through agreements. Similarly, VHM was also net sold VND316 billion. TCB and HPG were net sold VND213 billion and VND136 billion respectively. In the opposite direction, HDB was net bought the most with VND323 billion and mainly through agreements. VNM and MSN were net bought VND78 billion and VND77 billion respectively.