Stocks hit record low: VN30-Index lost 106 points, foreign investors sold nearly 2,300 billion

Specifically, the VN-Index decreased by 94.76 points (5.47%) to 1,636.43 points, the HNX-Index decreased by 13.09 points (4.74%) to 263.02 points. The VN30 group also "evaporated" by 106.28 points (2.23%) to 1,870.86 points.

The banking group was the focus of pressure on the market. TCB and VPB both decreased by 6.89%, MBB decreased by 6.83%, HDB decreased by 6.92%, ACB decreased by 3.69%,SHB decreased by 6.91%.

In addition, the group of "Vin family" stocks continued to decrease in today's trading session. VIC decreased 4.46% to 194,900 VND/share, VHM lost 6.9%, VRE lost 6.95%, VPL evaporated 6.96%.

Many other industries such as real estate, securities, steel, and oil and gas all fell sharply in today's trading session.

The market fell sharply as selling pressure increased across the board. Red dominated with 325 stocks falling, only 34 stocks rising on the HoSE floor. Total market liquidity today reached over VND58,800 billion, of which HoSE alone was over VND53,290 billion.

The stock market was on fire in the trading session on October 20. (Illustration photo).

Notably, foreign investors continued to net sell nearly 2,300 billion VND today, focusing on the financial group including CTG, STB, SSI, VND, VCI, SHB. Of which, MSN was the code with the strongest capital withdrawal with 655 billion VND, at the same time hitting the floor price to 81,900 VND/share.

According to records, 9/10 stocks with the strongest net selling by foreign investors all hit the floor; CTG alone decreased by 6.3%.

On the contrary, foreign demand appeared in the real estate group with codes DIG, VRE, PDR, HDC, TCH, in which VIX was net bought the most with 122 billion VND, while DIG and VJC net absorbed more than 110 billion VND.

Similar to the selling direction, 9/10 stocks that were most heavily bought on HoSE by volume also closed at the floor price, only HAG decreased by 5.6%.

Hoang Dung

Source: https://vtcnews.vn/chung-khoan-giam-ky-luc-vn30-index-mat-106-diem-khoi-ngoai-ban-gan-2-300-ty-ar972134.html