Maintaining a positive trend since opening, but under pressure from Vingroup group stocks, the stock market reversed in the final minutes, dropping nearly 7 points.
The VN-Index fell for seven consecutive sessions, at one point dropping below the 1,800-point mark due to selling pressure concentrated on Vingroup-related stocks.
Investors heavily sold Vingroup-related stocks, causing the Ho Chi Minh City exchange's benchmark index to drop nearly 10 points to 1,874 points, its lowest since the start of the month.
Shares of Vingroup and Vietcombank increased by 3,5% and 5,7% respectively, pushing the VN-Index 13 points above its reference level, even as over 200 stocks on the exchange declined.
The stock market shows clearer signs of recovery as the VN-Index rises 17 points to 1,775 points, with liquidity slightly increasing to nearly 23,500 billion dong.
