Stock market report for April 3: Declining stocks

The VN-Index dropped nearly 16 points today as red dominated the board, with all 30 blue-chip codes closing below reference. Despite selling pressure, stock holders did not drastically lower prices, while buyers were only listing at low price ranges.

In the afternoon session, the market saw a slight recovery near reference before 2:00 p.m. However, selling pressure increased sharply in the middle of the afternoon, causing many stocks to retreat and leading to a decrease in the VN-Index by over 10 points. Selling pressure continued until the close, with the VN-Index falling 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 27,400 billion VND. In the large capitalization group, many blue-chip stocks closed below reference, with notable declines in banking, consumer goods, and steel sectors. Notable decreases were seen in stocks like GVR, CTG, and MWG.

Some stocks in the fertilizer sector remained in green despite red dominating across various sectors during trading sessions today on HoSE (Hanoi Stock Exchange). In contrast to blue-chip stocks that closed below reference throughout most of the day and even reached a new low point before closing down slightly at around 2:30 pm local time on Friday (September 24th).

By Aiden Johnson

As a content writer at newspoip.com, I have a passion for crafting engaging and informative articles that captivate readers. With a keen eye for detail and a knack for storytelling, I strive to deliver content that not only informs but also entertains. My goal is to create compelling narratives that resonate with our audience and keep them coming back for more. Whether I'm delving into the latest news topics or exploring in-depth features, I am dedicated to producing high-quality content that informs, inspires, and sparks curiosity.

Leave a Reply