VN-Index falls after reaching 1,500 points

On the trading session of July 18, the market started off positively, with the VN-Index reaching 1,500 points at one point. However, profit-taking pressure then increased, making it impossible to maintain the above level.

Continuing the upward momentum in recent sessions, at the opening of the trading session on July 18, the VN-Index was green with excitement from investors.

After only about 30 minutes, the VN-Index quickly tested the 1,500 point zone and then reached this mark, with strong support from real estate stocks, especially VHM.

However, after reaching the above mark, profit-taking pressure increased, causing the market to turn red.

VN-Index performance on the morning of July 18. Screenshot

At the end of the morning trading session, VN-Index temporarily stopped at 1,487.12 points, down 2.89 points (-0.19%); VN30-Index returned to 1,629.5 points after falling 5.2 points (-0.32%).

Declining stocks dominated with 142 stocks in green and 171 stocks in red. In the VN30 group, the number of stocks increasing and decreasing in price were 8 and 20 respectively.

Banking and real estate stocks were differentiated. While VHM contributed nearly 0.4 points to the VN-Index, NVL contributed 0.2 points, VIC was the code that took away the most points with 2.38 points.

In the banking group, VPB is currently green while VCB, BID, CTG, MBB are decreasing in price.

The number of industry groups that increased and decreased in points was quite equal. In the green group, hardware and equipment, commercial and professional services all increased by more than 1%. On the other hand, insurance, media and entertainment also decreased by more than 1%.

Liquidity reached over VND18,000 billion. Foreign investors bought nearly VND1,445 billion and sold over VND1,711 billion.

On the Hanoi Stock Exchange, the entire floor had more than 2,000 billion VND changed hands. At the end of the session, the HNX-Index stopped at 247.49 points, up 1.4 points (0.57%); the HNX30-Index reached 522.35 points after "increasing" 7.93 points (1.54%).

Source: https://hanoimoi.vn/vn-index-giam-sau-khi-cham-moc-1-500-diem-709479.html