Stock market morning of October 7: Red dominates, VN-Index slightly down

The red color covered the main index, causing it to slightly decrease in the morning session on October 7, liquidity decreased as cash flow became cautious before the announcement of the market upgrade results.

Customers transact at the headquarters of Bao Viet Securities Company in Hanoi . Photo: Tran Viet/VNA

Red gradually dominated the market, putting pressure on the index. At the end of the morning session, VN-Index stopped at 1,694.87 points, down slightly by 0.63 points; HNX-Index decreased by 0.21 points to nearly 275 points.

Weakening liquidity shows that cash flow is cautious, the total market transaction value only reached nearly 14,000 billion VND - significantly lower than the previous session. Investor sentiment has become cautious as the time to announce the results of the market upgrade is approaching.

The stock group improved at the beginning of the session but then clearly differentiated. SSI, VND, CTS, VDS, ORS maintained green, while VIX, VCI, MBS, VFS, DSE, FTS turned down.

Non-essential consumer stocks became bright spots with VPL hitting the ceiling; FRT up 4.63%, MWG up 2.06%; PNJ inched up 1.07%.

The entire market recorded about 380 stocks falling compared to nearly 260 stocks rising, reflecting the dominant selling trend. Thanks to VPL hitting the ceiling and LPB increasing by nearly 3%, the index was supported, avoiding a deeper decline.

The market is in a tug-of-war phase, with cautious sentiment prevailing. The developments in the coming sessions will depend on the upgrade information and the third quarter business results of listed companies.

Source: https://baotintuc.vn/thi-truong-tien-te/chung-khoan-sang-710-sac-do-chiem-uu-the-vnindex-giam-nhe-20251007122737664.htm