4 stocks linked to Vingroup Group saw sharp adjustments, with VHM hitting its floor price, extending the VN-Index's losing streak to 6 consecutive sessions.
Investors heavily sold large-cap stocks, causing the VN30 to lose 45 points, pulling the VN-Index down 27 points, and extending its downward streak to five consecutive sessions.
Dr. Ho Sy Hoa believes that expansionary fiscal policy, stable monetary policy, and market upgrade expectations could support the VN-Index in reaching the 2,000-2,040 point range.
Overwhelming selling pressure caused the stock market to drop by nearly 12 points, marking its 4th consecutive correction session, despite support from Vingroup group stocks.
Investors engage in widespread selling, causing the index to drop by nearly 35 points at one point, breaching the 1,860-point mark and extending its two-session correction.
Selling pressure on large-cap stocks caused the VN-Index to lose nearly 30 points, breaking several key thresholds despite a majority of rising stocks.
In a year when the stock market reached record highs, no open-ended equity fund achieved performance exceeding the general index because they did not invest in Vingroup group stocks.
Domestic investors have heavily invested in large-cap stocks, driving stock market liquidity to 46,000 billion VND, the highest in the past three months.
Driven by contributions from Vingroup stocks and the oil and gas sector, the stock market maintained positive momentum throughout the day, with the VN-Index closing at a record high above 1,816 points.
The VN-Index extended its rally for three consecutive sessions, closing the year at 1,784 points, marking a 40% increase this year and its most positive period since 2017.
After trading in the green for most of the day, the stock market plummeted in the final 30 minutes, losing nearly 40 points, led by Vingroup and Vinhomes shares.
The VN-Index rose for the fifth consecutive session to 1,783 points, establishing a new closing price record despite a dominant number of declining stocks.
