More than 160 stocks fell to the floor, VN-Index lost more than 26 points

After yesterday’s deep drop, stock market recovered right from the opening minutes of the morning session of April 19. Green appeared in many industry groups such as SSI up 1.2%, HPG up 0.9%, MBB up 1%, BID up 0.9%…

In the middle of the morning session, the strong recovery of banking codes helped VN-Index to extend its gaining momentum.

Pausing in the morning session, VN-Index gained 7.23 points (0.5%) to 1,439.83 points. Port stocks, shipping and retail all made a breakthrough such as HAH up 6.2%, GMD up 4.5%, VOS up 3.1%….

However, the market lost its green color after 60 minutes of early afternoon trading. Selling pressure increased strongly in the whole market. Group of securities stocks, banks, real estate most of them reversed sharply. At 14:17, VN-Index down 11.95 points (0.83%), to 1,420.49 points. Later, the selling pressure became stronger and stronger. Right before entering the ATC session, VN-Index dropped more than 22 points and dropped back to 1,410 points.

At the end of the session, VN-Index dropped 26.15 points (1.83%) to 1,406.45 points. On the whole floor, there were 101 gainers, 371 losers (of which 98 fell to the floor) and 32 stood still. Stocks of industry groups such as securities, banks, real estate… all fell deeply, even fell to the floor “white buyers”.

Many large stocks such as BVH, GAS, FPT, MSN, REE, VIC, VNM, SAB, HVN, MWG, VHM, POW… also dropped. On the other side, some petro codes traded well and closed in green like PGC, PGS, PGD, PVC, PVD….

HNX-Index also decreased by 10.43 points (2.59%) to 392.69 points. The whole floor had 68 advancers, 183 losers (52 stocks fell to the floor) and 29 stood still. UPCoM-Index fell 1.89 points (1.71%) to 108.32 points.

The number of losers on all 3 exchanges was 760, including 164 stocks that fell to the floor, completely overwhelming compared to 298 gainers.

Although the market dropped sharply, the liquidity was still quite low, the trading value of the 3 exchanges was only about 26,000 billion dong. A rare bright spot in today’s session was foreign trade when they bought a net 278 billion dong on HOSE.