Stock market suddenly lost a record 95 points, many stocks fell to the floor

Investors rushed to sell stocks at the end of the trading session on October 20. The stock market turned from red to blue with many stocks 'lying on the floor'.

Stocks are "on the floor" everywhere, investors' accounts are deeply negative.

The stock market ended the first trading session of the week in a mix of red and blue. The VN-Index caused a shock when it suddenly plummeted to 1,636.43 points, equivalent to a decrease of nearly 95 points.

The selling pressure spread in the final minutes, when investors simultaneously dumped stocks, causing the index to plummet. Panic engulfed the market, dragging most sectors into the red.

This is the sharpest drop in points in the history of the Vietnamese stock market, surpassing the record plunge in April this year.

Previously, VN-Index lost about 88 points (-6.68%) in the first session of April, when the US announced a reciprocal tax rate of up to 46% on imported goods from Vietnam, causing the market to fall sharply to 1,229.84 points.

Notably, today's drop suddenly appeared near the end of the session, around 2pm. Before that, the VN-Index fluctuated around a decrease of 15 - 25 points.

The VN30 basket - representing large-cap stocks - was even more fierce, "evaporating" more than 106 points with all 30/30 codes falling sharply or hitting the floor.

If calculated on the whole market, there were 775 codes decreasing points, 150 codes hitting the floor, green remained at 125 codes.

In particular, a series of leading stocks such as HPG, SSI, VRE, MSN, HDB,SHB , TCB, VPB... decreased by the maximum margin. Vingroup group also suffered deep correction pressure, when VIC lost 4.46% of market value, VHM decreased by 6.9%...

In terms of industry groups, real estate, securities, and banking continue to be the focus of strong "dumping" by investors.

Of which, banks lost nearly 6%, stocks decreased by 6.84%, and real estate was not far behind when it "evaporated" 5.8%.

Widespread selling pressure caused market liquidity to increase sharply, with nearly 2 billion shares changing hands, total transaction value reaching nearly 59,000 billion VND.

According to records, this is the strongest correction session since early April, when the news of the US imposing reciprocal import tariffs caused the market to "evaporate" for a series of consecutive sessions. This time, the strong selling momentum focused on pillar stocks.

While most sectors weakened, some groups still maintained a slight green color such as technology, telecommunications - led by codes VGI (+4.75%), CTR (+3.88%), VTP (+4.5%) and construction, materials, chemicals (CTI, DCM, DPM, BMP). This group was significantly supported by net buying power of foreign investors.

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BINH KHANH

Source: https://tuoitre.vn/chung-khoan-bat-ngo-mat-ky-luc-95-diem-la-liet-ma-nam-san-20251020151745709.htm