The VN-Index's four-session winning streak ended, and the market returned to a tug-of-war state under profit-taking pressure; meanwhile, the Apec family of stocks surprised everyone when they simultaneously hit the ceiling in the session (August 22).
The main index closed down slightly more than 1 point. Throughout the trading session, the market maintained a tug-of-war with the pillar group. In contrast, midcap stocks (medium capitalization) were under strong selling pressure. After a series of strong increases, many stocks were sold off.
The situation of the VN30 group recorded overwhelming red in 14 stocks.
The VN30 group recorded overwhelming red in 14 stocks, in which HPG, VNM, VCB, MBB, GVR, BID... were the stocks with the most negative impact. Industries such as banking, real estate... all lacked consensus; accordingly, the VN-Index also lacked a leading pillar. On HoSE, nearly 230 stocks decreased in price, overwhelming the number of stocks that increased.
Most industry groups are in a differentiated context. Contractor stocks are in the red, with a decrease of mainly 1-2%. Among them are stocks of enterprises belonging to the Deo Ca consortium that were just eliminated in the technical round of bidding package No. 4.7 (valued at over VND 6,300 billion) of Component Project 3, Long Thanh airport. HHV of Deo Ca decreased by 1.6%.
Steel stocks fell across the board, foreign investors continued to net sell HSG and HPG. Dragon Capital Fund Group recently announced that it had sold 3.17 million HSG shares. Over the past month, this group has net sold nearly 8 million HSG shares.
Situation of Apec stock group
When the market was divided and under great pressure to correct, the Apec group of stocks suddenly recorded API and IDJ simultaneously hitting the ceiling, with no sellers. The remaining stock, APS, also increased to 8.5%. Notably, all 3 codes are under the control/warning of HNX.
In the past, this trio of Apec stocks had once made waves in the stock market with increases of multiples, even tens of times. On the stock exchange, Apec stocks had once increased 15 times in price, then slid, with many stock manipulation scandals.
At the end of the trading session, VN-Index decreased by 1.27 points (0.1%) to 1,282.78 points. HNX-Index increased by 0.05 points (0.02%) to 238.47 points. UPCoM-Index increased by 0.01 points (0.01%) to 94.49 points. Liquidity decreased sharply, HoSE order matching value decreased to 14,000 billion VND. Foreign investors increased net selling to more than 546 billion VND, focusing on HPG, HSG, VPB, HDB...
Source: CafeF
