Bluechips rallied strongly, the VN index reversed and gained nearly 6 points



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After a few minutes of “shocking” downsizing at the beginning of the session, the money flow at the bottom poured massively into the market, helping the VN-Index to reverse and win. At 9:45 ‘, the VN index increased 5.93 points (0.52%) to 1,136.93 points; The HNX index rose 2.58% to 230.05 points and the UPCom index alone fell 0.82% to 75.54 points.

A series of large stocks have increased such as FPT, GAS, HPG, MSN, VIC, VNM, MWG, VHM … In addition, many bank stocks such as ACB, BID, VCB, HDB, TCB … also increased, helping to enhance the green color.

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At 10:40 am, the VN-Index fell only 1.34 points (0.12%) to 1,129.66 points; The UPCom index fell 1.34% to 75.14 points, while the HNX index rose 2.05% to 228.62 points. Market liquidity was quite high with a trading value of VND 13 billion on 3 floors.

Many large stocks like FPT, GAS, HPG, VIC, VNM, VCB, VJC, PLX, MWG … have gained points, positively affecting the index. In addition, foreign investors also bought about 500 billion dong net this morning, more or less supporting investor psychology.

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The deep market slide triggered strong bottom fishing cash flow at 1,100 points, helping indices to ease the slide. At 10:30 am, the VN-Index fell only 26.22 points (2.32%) to 1,104.78 points; UPCom-Index fell 2.24% to 74.75 points and even the HNX index rose 0.94% to 226.15 points.

Market liquidity increased dramatically with the 3-story trading value reaching almost VND 12 billion after just 1h30 ‘of trading. Foreign investors are now net buyers of more than 500 billion in the entire market.

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The sales pressure is getting stronger. At 10:11 ‘, the VN-Index fell 33.46 points (-2.85%) to 1,097.93 points; while the HNX index fell 0.43% to 223.07 points and the UPCom index fell 2.72% to 74.08 points. At the moment, the transaction is relatively difficult due to the phenomenon of order “congestion” at HoSE.

The positive point at this time was that foreign investors were net buyers on the 3 exchanges with a total value of almost 500 billion dong.

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After a few minutes of “bulltrap” at the beginning of the session, the selling pressure increased strongly throughout the market. A number of major stocks fell, even some names like EIB, HAG, HNG, DGW, DIG… appeared at the minimum price.

At 10: 5 am, the VN index decreased 29.99 points (2.64%) to 1,101.19 points; The HNX index fell 0.07% to 223.86 points and the UPCom index fell 2.08% to 74.57 points. Market liquidity was at a very high level with a transaction value of close to VND 7 billion and this caused the system to continue to experience a “congestion” phenomenon.

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The first minutes of the session were quite positive with the recovery of the indices and at times the VN-Index increased more than 10 points. However, investor sentiment is still quite cautious after yesterday’s steep decline, causing the uptrend not to last too long and the VN-Index reversing and falling after 9.40am.

In the Bluechips group, many large stocks like BVH, MSN, REE, VJC, VRE, BCM, CTD, FPT … or bank stocks like ACB, CTG, BID, MBB, EIB, VPB, TPB … all fell. negative impact on the market.

The downtrend not only occurred in large stocks, but also extended to more tradable stocks such as securities, real estate, construction, oil and gas, steel …

On the other hand, GAS, HPG, VCB, VIC, VNM, SAB, PLX, PNJ, and NVL were great codes that kept the color green and kept the market from falling too low.

At 9.45 am, the VN index fell 2.32 points (0.21%) to 1,128.68 points; The UPCom index decreased 0.95% to 75.44 points and the HNX index alone increased 1.34% to 227.06 points thanks to the pull of THD. Market liquidity remained at a high level with the value of transactions on 3 exchanges reaching over VND 5 billion.

The positive point at this time was that foreign investors were net buyers in the 3 exchanges with a total value of almost 250 billion dong, the purchasing power was focused on FUEVFVND, HPG, VIC …

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