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Stocks sink in red

Open for trading session 6/5, the majority of share decline. Investors stepped up selling stocks after receiving news that the US stock market had just experienced its biggest drop in about two years, with the Nasdaq technology index falling 5%, the Dow Jones Industrial Average. 1,000 points off.

A series of banking, real estate, construction, oil and gas, fertilizer stocks… sank in red, even almost all securities stocks dropped.

A total of 28 out of 30 key stocks of VN30 fell. Many stocks fell sharply such as: FPT down 1,900 dong, Masan down 1,900 dong; Mobile World (MWG) decreased by 2,100 VND; Phu Nhuan gold, silver and gems decreased by VND 3,000; Sabeco (SAB) decreased by 3,400 dong; VietJet (VJC) reduced VND 3,900.

Among VN30, only Bao Viet (BVH) gained 900 dong and Hoa Phat Group (HPG) was almost flat.

Meanwhile, steel group was positive with HPG, HSG, POM, TLH, NKG… all gaining well. Insurance stocks were also a bright spot in the session with MIG hitting the limit at times, PVI, BIC, PGI… all gaining.

Pause trading session, index VN-Index down 15.6 points (1.15%) to 1,345.08 points, HNX-Index down 1.97% to 351.7 points and UPCoM-Index down 1.59% to 102.17 points.

Market liquidity remained low, the total matched value was about 8,000 billion dong.

VN-Index reversed and gained 12 points VN-Index reversed and gained 12 points – Although there was a time when it dropped more than 17 points, but thanks to the breakthrough of large stocks, VN-Index suddenly reversed to increase successfully.

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