All indexes lose ground after major selling pressure.
Trade on Vietnam’s stock market on October 23 was marked by notable selling pressure. Demand at the bottom, however, rose towards the end of the day and helped the market stabilize and bridge losses.
On HSX, the VN-Index closed at 939.68 points, down 13.83 points (1.45 per cent), while the VN30-Index closed at 908 points, down 14.75 points (1.60 per cent).
On HNX, the HNX-Index finished at 105.07 points, down 2.48 points (2.30 per cent), the HNX30-Index 191.14 points, down 4.62 points (2.36 per cent), and the UPCoM-Index 52.05 points, down 0.37 points (0.71 per cent).
Liquidity on HSX was VND4 trillion ($170.9 million) and on HNX was VND635.9 billion ($27.2 million).
Food and beverage stocks to gain ground included BBC and SAB, by 3.9 and 0.4 per cent, as VNM lost 1.8 per cent, BHN 0.5 per cent, and TLG and KDC 0.4 per cent. VCF closed at its opening price.
The only gainers in banking were MBB and BVH, by 1.4 and 0.2 per cent, as MBB lost 2.3 per cent, TCB 3.5 per cent, VCI 3.4 per cent, CTG and SSI 3.3 per cent, STB 3.1 per cent, VCB 2.3 per cent, and MSN 2.1 per cent.
In energy, PVD lost 4.6 per cent, PVT 4.3 per cent, PLX 4 per cent, GAS 2.3 per cent, and NT2 0.4 per cent.
The Top 5 shares bought by foreign investors were BID, STB, SSI, HCM and VHM.
VJC was the largest net sold share on HSX, followed by VCB, PPC, NVL and VIC
SHS was the largest net sold share on HNX, followed by VNC, DBC, PVX and TIG.
On UPCoM, foreign investors bought 357,120 shares worth VND13.02 billion ($555,335).
They net sold on HSX by VND62.66 billion ($2.67 million) and on HNX by VND2.88 billion ($123,135).
Huyen Thanh report on Vneconomictimes