• Sun. Apr 14th, 2024

VN-Index experiences 15.57 point drop in a volatile trading session

BySamantha Nguyen

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

The VN-Index experienced a significant drop of nearly 16 points today, with all 30 blue-chip codes closing below reference. The electricity sector was particularly affected during trading, as the market opened below reference and struggled throughout the morning. 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., but selling pressure increased sharply in the middle of the afternoon. This led to many stocks retreating and caused 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 and the VN30-Index losing over 18 points.

Market liquidity remained high during this challenging session, 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 smaller sectors managed to remain in the green despite red dominating across many sectors. For example, real estate and construction stocks performed well in mid-cap group despite overall market red domination

By Samantha Nguyen

As a content writer at newsskio.com, I weave words to craft compelling narratives that captivate readers and bring stories to life. With a keen eye for detail and a passion for storytelling, I strive to create engaging and informative content that resonates with our audience. Whether I'm delving into the latest news trends or exploring unique angles on various topics, my goal is to deliver quality content that informs, entertains, and inspires. Join me on this journey as we uncover the news stories that matter most.

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