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The Market Beat: Downward Momentum Persists, VN-Index Loses 1,260-Point Mark
At the end of the trading session, the VN-Index declined by 4.69 points (-0.37%), settling at 1,252.72. The HNX-Index witnessed a marginal loss of 0.06 points (-0.03%), closing at 224.63. The market breadth tilted towards decliners, with 377 stocks trading lower against 286 gainers. The VN30-Index, representing the top 30 stocks by market capitalization and liquidity, exhibited a similar trend, with 19 stocks closing in the red, 4 in the green, and 7 remaining unchanged.
The Cash Flow Crisis: VN-Index Plunges as Foreign Investors Sell-Off
The market was sluggish this morning as investors refrained from buying. Sell orders gradually pulled back to very low prices, allowing sellers to offload their positions. Apart from the first few minutes when the VN-Index was slightly positive, the market plunged throughout the morning session, closing at its lowest point with four times as many losers as gainers.
The Power of Profits: Unveiling the Energy Sector’s Third-Quarter Earnings
After a profitable first quarter that broke a 27-quarter streak of losses, Halico (HNR) has reported consecutive losses for the next two quarters.