Stocks were red at the beginning of the week

The selling pressure increased, causing all indexes in this morning session to drop deeply, in which blue-chips VHM and VIC continued to be the strongest pressure causing VN-Index. The whole market recorded 776 losers, of which 75 fell to the floor; completely overwhelmed 221 advancers.

The red color covered the banking group with many stocks hitting the floor price such as BID, CTG, VCB, VPB, MBB, LPB, making the market’s movements even more negative.

Most stocks in steel, real estate, construction, oil and gas, and garment sectors were trading bleakly, in which the “green floor” color was present in codes such as: VIS, LCG, DPG, DRH. , VCG, HQC, FTM…

A series of speculative stocks such as “FLC family”, Louis ecosystem or “DNP-Tasco” also reduced in range. The group of “FLC family” stocks including FLC, ROS, HAI, and AMD sold off and dropped to the floor at the same time, with no buyers.

Upstream of the market, the seafood group had the most active trade this morning with many strong gainers such as MPC, CMX, IDI; even AAM, ACL, ANV hit the ceiling.

Besides, technology service stocks like FPT gained 1.7%, CMG gained 1.9% or ELC gained 5.8%. Textile and garment stocks with STK increased strongly by 4.6%. Retail stocks with DGW hit the ceiling…

At the end of the morning session, the VN-Index dropped 22.94 points (1.57%) to 1,435.62 points; HNX-Index fell 2.64% to 405.72 points and UPCom-Index fell 1.73% to 110.42 points. The transaction value of the whole market reached about 18,000 billion VND.

Foreign investors are currently net buying of nearly 72 billion dong on HOSE, the selling force is present on two fund certificates FUESSV50 and FUEVFVND; Besides, DPM, NLG, and VND were also actively net bought by foreign investors.

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