Lực bán tháo xuất hiện, chứng khoán lao dốc

The stock market opened today (July 17) in green and at one point seemed to have conquered the threshold of 1,290 points thanks to the leadership of banking stocks.

However, right before entering the ATC order matching phase, sell orders suddenly poured into the electricity board, causing the VN Index market to quickly reverse and decrease. Facing strong selling pressure from other groups, especially the real estate industry, the market did not have enough strength to keep the VN-Index maintaining its upward momentum at the end of the session.

At the end of today's session, VN Index decreased 12.52 points (0.98%) to 1,268.66 points. The number of declining codes dominated the board with 369 codes, of which 29 codes fell to the floor, 109 codes increased and 33 codes remained unchanged.

The sell-off in the last minutes of the session helped liquidity increase sharply with 1.23 billion shares transferred on HoSE, equivalent to a transaction value of 29,327 billion VND. Across the market, the total trading value today reached 33,500 billion VND.

In the context of a strong sell-off wave from domestic investors, the surprising thing is that foreign investors turned to net buy 358 billion VND on HoSE. On HNX and UPCoM, foreign investors net bought VND 5.3 billion and VND 56 billion, respectively. Banking stocks

are a group of stocks that help restrain the index's decline. On the contrary, the stock groups that had the most negative impact on the index were real estate stocks and some large capitalization stocks. Banking stocks are also the industry group that foreign investors net bought the most in today's session such as VCB shares with a value of 136 billion VND, TCB shares with a value of 102 billion VND... Notably, foreign investors net bought again. returned to FPT with a value of 161 billion VND after a series of previous "discharge" sessions. Today's decline was somewhat unexpected, but was also previously warned by a number of securities companies, advising investors to keep calm and maintain portfolios with codes that are considered to be can maintain the trend and not be affected when the market adjusts. At the same time, the portfolio proportion should only be kept at 50-60% to prevent the risk of unexpected adjustments in the short term. Currently, according to Dr. Nguyen Duy Phuong, Investment Director of DG Capital, the selling pressure is concentrated on leading stocks of industry groups in the previous period such as steel, shipping, and aviation, showing that , the stock holders are making more drastic profit-taking moves. Therefore, this expert maintains the view that the expected balance zone is the threshold of 1,265-1,275 points, investors should consider paying attention to disbursement.