The VN-Index spent most of today’s session (August 8th) in the red. Lacking momentum from the Vingroup stocks, the benchmark index fell from the start. No other sector emerged as a strong leader to replace it. Among the VN30 stocks, 19 declined, pulling the representative index down by over 10 points.
TCB, HVN, HPG, GVR, and VNM were among the most negatively traded stocks. TCB closed over 4% lower, with liquidity pushed to the highest level on the exchange at over VND 866 billion. HVN hit its daily limit loss; despite only being traded in the afternoon session, nearly 7 million shares changed hands due to strong selling pressure.
Today’s notable development was the trading of the Hoang Huy Group stocks, TCH and HHS, after investment groups continuously circulated information about TCH on social media. At the close, both TCH and HHS hit their daily limit losses. TCH faced immense selling pressure, with over 12.8 million shares still on the sell side at the end of the session.
Several penny stocks fell to their floor prices simultaneously.
The market also witnessed negative trading in HVN, SMC, HAG, and NHA. HAG, owned by businessman Đoàn Nguyên Đức, saw an unexpected surge in selling pressure, with over 34.7 million shares traded.
Prior to this, Ms. Hồ Thị Kim Chi, Deputy General Director of HAGL, announced her intention to purchase 200,000 HAG shares through order matching on the exchange. The planned acquisition period is from August 8th to September 6th.
Amid the VN-Index’s volatility and correction, some sectors outperformed the broader market, such as investment and textiles. Notably, investment stocks like HHV rose to their ceiling prices. VCG and FCN also briefly touched their ceiling prices but narrowed their gains towards the end of the session.
At the close of trading, the VN-Index fell 7.56 points (0.62%) to 1,208.32. The HNX-Index decreased by 1.22 points (0.54%) to 226.73, while the UPCoM-Index climbed 0.09 points (0.1%) to 92.12. Liquidity increased again amidst selling pressure, with HoSE recording a trading value of over VND 13,425 billion. Foreign investors continued to net sell in the trillion range, focusing on VJC, VHM, TCB, and HPG…
