Cash flow slows down, stock market cools down after a series of increases

Investors monitor stock market developments at the HOSE floor. (Photo: Hua Chung/VNA)

Cash flow in the stock market still maintained positive signals, but after a series of consecutive sessions of increase and the hot performance of small and medium-sized stocks, investors started to be more cautious. This caused the trading pace to slow down compared to the previous bustling sessions.

The market increased as soon as it opened in the morning, the green color was maintained for most of the time, but by the end of the morning session, selling pressure increased, causing the VN-Index to reverse and decrease slightly.

At the end of the morning session on August 12, VN-Index lost 0.32 points to 1,596.54 points. Trading volume reached more than 798.4 million shares, equivalent to more than VND 22,292.3 billion. The entire floor had 132 stocks increasing, 191 stocks decreasing and 49 stocks remaining unchanged.

HNX-Index decreased by 2.03 points to 274.43 points. Trading volume reached more than 64.6 million shares, equivalent to more than 1,380.7 billion VND. The whole floor had 68 stocks increasing in price, 99 stocks decreasing in price and 52 stocks remaining unchanged.

UPCOM-Index increased by 0.47 points to 109.72 points. Trading volume reached over 46 million shares, equivalent to over 634.8 billion VND. The entire floor had 137 stocks increasing in price, 100 stocks decreasing in price and 86 stocks remaining unchanged.

The weakness of large-cap stocks caused the market to lose most of its upward momentum. The VN30 basket recorded 14 stocks increasing, 14 stocks decreasing and 2 stocks remaining unchanged. Stocks that fell sharply included VHM, TPB, SSI, GVR, while VCB, BID, HDB, HPG, MSN played a supporting role, helping the VN-Index avoid a deep decline.

Entering the morning session on August 12, VN-Index continued to increase as soon as it opened, at times approaching 1,610 points. However, the divergence on the electronic board, with a slightly higher number of decreasing codes, caused the index to cool down and fall back to nearly 1,600 points after more than an hour of trading.

The group of small and medium-sized stocks no longer exploded, only some codes in the logistics and transportation group maintained strong growth momentum such as GMD up 2.72%, HTV up 2.15%, VOS hit the ceiling, HAH up 6.28%, VSC increased to the maximum amplitude and was in the group with the highest matching orders on the floor.

HPG stock continued to be the focus with a trading volume of more than 51.5 million units, the price increased by 0.53%. On the contrary, the real estate group performed negatively when PDR, DXG, DIG, NVL, CII... were all in red.

According to analysts, the market is entering a technical adjustment phase after a strong increase, with clear differentiation between industry groups./.

Source: https://baolamdong.vn/dong-tien-cham-lai-thi-truong-chung-khoan-ha-nhet-sau-chuoi-tang-diem-387162.html