Just entering the trading session this morning (April 2), the market was immediately under strong selling pressure. VN-Index at one point dropped more than 10 points, falling back to the 1,270 point area. It was not until after 11 a.m. that the indexes were pulled to narrow the decrease margin.
Temporarily closed, VN-Index decreased by 5 76 points, equivalent to 0 45% to 1,275 76 points while VN30-Index still remained. dropped 10 17 points corresponding to 0 79%. HNX-Index decreased 0 54 points corresponding to 0 22%; UPCoM-Index decreased 0 44 points corresponding to 0 49%.
Liquidity in the morning session increased. On HoSE, the trading volume reached 645 66 million shares equivalent to 15,975 12 billion VND; HNX has 58 04 million shares equivalent to 1,202 49 billion VND and UPCoM-Index has 20 72 million shares traded respectively 243 51 billion VND.
Part of the reason why liquidity soared this session was the trading storm at Sacombank’s STB shares. Just in the morning, up to 84 million STB shares were matched. This code adjusted 2.4% to 30,650 VND.
Previously, STB had dropped to near the floor price during the session. The lowest price at STB this morning was recorded at 29,600 VND.
Strong selling activity for STB shares took place in the context of widespread information about bank leaders being banned from leaving the country. related to Ms. Truong My Lan, however, this morning Sacombank sent a document to the authorities and media units to refute the above rumors.
The bank confirmed The above information is completely fabricated and slandered to defame Sacombank’s leadership. Mr. Duong Cong Minh – Chairman of the Board of Directors of Sacombank – is completely unrelated to the case. Van Thinh Phat is not banned from leaving the country according to Facebook information called “THANG DANG” that has spread.
Many codes Other bank stocks are still in the red like VPB down 18%; HDB decreased by 17%; VIB decreased 16%; TPB SHB also decreased by 1.3%. LPB is the only banking code on HoSE that achieved a slight increase of 0 3%.
The market breadth in general is still leaning strongly towards the decrease. There were 601 codes decreasing on all 3 exchanges compared to 234 codes increasing.
Most industry groups recorded a correction. In the real estate group, many codes decreased by 1% such as VHM KDH LDG CRE HQC NVL HTN; Some codes decreased more than 2% such as NBB AGG QCG.
Service industry stocks finance also largely decreased slightly. VCI decreased most significantly at 2 2%; TVB decreased by 16%; HCM decreased by 1.2%; ORS decreased by 1 1% and the remaining decreased by less than 1%. Similar to basic resource stocks from TTF to NKG KSB HSG HPG TLH all decreased in price.
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