• Thu. Apr 18th, 2024

VN-Index Falls Over 15 Points as Red Dominates HoSE in Afternoon Session: Market Recovery Short-Lived

BySamantha Jones

Apr 3, 2024
Stock market report for April 3: Declining stocks

In the trading session today, the VN-Index dropped nearly 16 points as red dominated the board. All 30 blue-chip codes closed below reference, with the electricity sector being particularly affected. 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 mid-cap group also experienced red dominance, particularly in real estate and construction sectors. However, some stocks in fertilizer, oil and gas

By Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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