Stock market liquidity drops to lowest level in 2 months

The stock market has just had another trading session with recorded liquidity hitting rock bottom. The number of shares matched on the HoSE on December 21, 2023 reached only 455 million shares, a sharp decrease compared to the average of previous trading sessions.

Compared to other trading sessions, this is the session with the lowest liquidity in the past 2 months. In terms of stock matching value, the HoSE recorded a total of VND9,700 billion, marking the second consecutive session with market liquidity below the VND10,000 billion threshold.

Stock market liquidity at its lowest level in the past 2 months (Photo TL)

This is a worrying signal because the average liquidity of the market per session has continuously decreased in recent times, only recorded around 13,000 billion VND. In the last 2 trading sessions, the liquidity was below 10,000 billion VND.

Meanwhile, the VN-Index has continued to fluctuate around the 1,100-point mark without any clear recovery. This has greatly affected investor sentiment in the market.

Another development is that foreign investors are continuously net selling stocks, causing concern for domestic investors. Specifically, foreign investors have been net sellers for 17 consecutive sessions and there is no sign of stopping.

However, some experts believe that low liquidity is not a cause for concern. Because at the end of the year, investors often have a resting mentality, so it is understandable that the cash flow into the market is limited.

In addition, information about businesses with 4th quarter business results has not been announced, causing the market to be lacking information. Investors will therefore be more cautious in their investment decisions.

Source: https://www.congluan.vn/thanh-khoan-thi-truong-chung-khoan-sut-giam-xuong-thap-nhat-trong-2-thang-tro-lai-day-post277788.html