Investors remain fearful, liquidity drops sharply

SGGPO 10/02/2023 15:58

Green returned to the market in the first trading session of October, but liquidity dropped sharply as investors were waiting for confirmation of the market trend.

The Vietnamese stock market on October 2 fluctuated strongly around the 1,150-point mark of the VN-Index due to shrinking liquidity. Investors were still fearful and did not dare to invest. The VN-Index opened the session up nearly 5 points but then fluctuated strongly, even falling at times compared to the reference and closing slightly green.

In this trading session, the seafood and agriculture group increased the most with seafood having ANV, FMC increasing to the ceiling, CMX increasing by 5.91%, VHC increasing by 2.66%, IDI increasing by 4.83%, ACL increasing by 4.41%, ABT increasing by 3.26%... The agriculture group had BAF increasing by 5.15%, DBC increasing by 2.51%, HAG increasing by 2.33%...

Real estate and public investment stocks also increased well with VRE increasing by 2.87%, CII increasing by 2.54%, GVR increasing by 4.61%, PDR increasing by 1.46%, VCG increasing by 2.9%, HHV increasing by 4.76%, FCN increasing by 4.45%, C4G increasing by 3.12%...

Stocks were slightly in the green with AGR up 2.31%, BVS up 1.92%, HCM up 1.8%, SBS up 1.19%, SHS up 1.16%, VCI up 1.33%; SSI and VDS up nearly 1%...

Banking stocks were differentiated but increased and decreased within a small range. Of which, ABB, ACB, MBB, MSB, STB, VIB, VPB increased; while SHB , VCB, TPB, TCB, LPB, HDB, EIB, CTG, BID decreased...

At the end of the trading session, VN-Index increased by 1.1 points (0.10%) to 1,155.2 points with 280 stocks increasing, 201 stocks decreasing and 69 stocks remaining unchanged. At the end of the session on the Hanoi Stock Exchange, HNX-Index increased by 0.37 points (0.16%) to 236.72 points with 108 stocks increasing, 66 stocks decreasing and 67 stocks remaining unchanged. Liquidity decreased sharply, the total transaction value of the whole market was only about 13,600 billion VND, of which transactions on the HOSE floor were only about 11,500 billion VND.

In the context of a sharp decline in liquidity, the positive point is that foreign investors have stopped dumping and returned to net buying nearly 177 billion VND on the HOSE. The stocks that foreign investors net bought the most were SSI 83.86 billion VND, DXG 49.78 billion VND, DGC 44.1 billion VND, VRE 40.53 billion VND. The above stocks that foreign investors net bought all increased in points in this trading session.

Source: https://www.sggp.org.vn/nha-dau-tu-van-so-hai-thanh-khoan-giam-sau-post708073.html