The VN-index dropped by almost 16 points today as red dominated the board, with all 30 blue chip codes closing below the reference. The electricity sector was particularly affected during trading, with the market opening below the benchmark and struggling throughout the morning. Despite selling pressure, shareholders did not drastically lower prices, while buyers listed only at low prices.

In the afternoon session, the market recorded a slight recovery close to the benchmark before 14:00. However, selling pressure increased sharply in the mid-afternoon, causing many stocks to pull back and causing the VN-Index to drop by over 10 points. . Selling pressure continued until the close of trading, with the VN-index falling by 15.57 points to 1,271.47 points, while the VN30-index lost over 18 points.

Market liquidity remained high, with transaction value on HoSE exceeding VND 27.4 trillion. In large-cap group many blue-chip stocks closed below benchmark with notable declines in banking, consumer staples and steel sectors such as GVR, CTG and MVG. Some shares like Vingroup lost only a small percentage of their market price while red also dominated in mid-cap group particularly in real estate and construction sectors but some stocks in fertilizer oil and gas seafood sector remained green

Overall, it was a challenging session for investors with red dominating and many blue chip stocks closing below benchmark while market liquidity remained high fluctuations were observed in various sectors

By Samantha Johnson

As a dedicated content writer at newspuk.com, I immerse myself in the art of storytelling through words. With a keen eye for detail and a passion for crafting engaging narratives, I strive to captivate our audience with each piece I create. Whether I'm covering breaking news, delving into feature articles, or exploring thought-provoking editorials, my goal remains constant: to inform, entertain, and inspire through the power of writing. Join me on this journalistic journey as we navigate through the ever-evolving media landscape together.

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