Selling off at the end of the session, VN-Index dropped by more than 20 points, lost the 1,400 mark

At the opening session of this morning (April 20), VN-Index fluctuated quite a lot but still managed to regain the green color when it paused in the morning session.

However, the market turned and plummeted at the beginning of the afternoon, when the indexes dropped deeply due to strong selling pressure.

Before the ATC session, VN-Index lost nearly 19 points, fell to a low of 1,387.55 points. The weakening demand in large-caps combined with increased selling pressure in most stocks made the market lose an important support, thereby closing at the session’s lowest point.

Accordingly, at the end of the session, VN-Index dropped 21.73 points (1.55%) to the lowest level of the day at 1,384.72 points. This was the fifth consecutive day of decline for the main index, equivalent to a drop of more than 92 points (6.26%).

On the HoSE, there were 76 gainers, 381 losers and 43 unchanged stocks. In which, 99 stocks closed at floor price. Bank stocks, securities, steel, real estate, construction… all dropped sharply.

On the floor of Hanoi, HNX-Index down 12.65 points (3.22%) to 380.04 points. There were 48 gainers, 195 decliners and 28 standstill stocks on the whole floor. UPCoM-Index fell 1.92 points (1.77%) to 106.4 points.

Market liquidity decreased compared to yesterday, reaching nearly 24 trillion dong. Foreign investors net bought about 440 billion dong on HoSE.