VN-Index approaches 1,700 points

VTV.vn - At one point, the VN-Index approached the 1,700 point mark, but selling pressure at the end of the session caused the index to only 1,687.06 points.

Illustration photo.

After a series of volatile sessions, the stock market continued to shake on October 23. The VN-Index approached the 1,700-point mark at times, but thanks to the support of Vingroup stocks, it was able to maintain its green color at the end of the session.

The afternoon session of October 23 continued to witness strong fluctuations in the market. At one point, the VN-Index approached the 1,700-point mark, but selling pressure at the end of the session reduced the index to only 1,687.06 points, up 8.56 points compared to the previous session. Green also spread to the UPCOM-Index, up 1.22 points to 111.04; while the HNX-Index decreased 1.91 points to 266.78 points.

Despite the increase, the market still repeated the familiar scenario, which is the increase mainly thanks to the Vingroup group. Three codes VIC (up 5.91%), VHM (up 1.77%) and VPL (up 2.03%), without this group, the main index would have ended the session in red.

The entire market recorded 399 stocks increasing, 327 stocks decreasing and 874 stocks remaining unchanged, reflecting a clear differentiation between industry groups. Banks fluctuated in opposite directions: HDB,SHB , STB, VCB, LPB increased, while TCB, VPB, ACB, CTG, TPB decreased.

In the real estate group, many stocks decreased sharply such as CEO (down 4.46%), DIG (down 2.89%), DXG (down 2.2%), HDC (down 3.5%), PDR (down 2.68%).

The stock market was also in the red with SSI, VIX, SHS, VND, VCI all falling sharply. Other pillar stocks such asFPT (down 2.06%), GEX (down 3.6%), MSN (down 1.01%), HPG (down 0.75%) also added pressure.

Total market liquidity reached over VND27,000 billion, with HOSE alone reaching nearly VND24,600 billion – lower than the previous session and the recent average. However, according to observers, this slowdown is necessary after the previous sharp decline, especially after the historic October 20 session when VN-Index lost nearly 95 points.

Source: https://vtv.vn/vn-index-tien-sat-1700-diem-100251023165154303.htm