Immediately after the VN-Index lost nearly 39 more points in the “escape” session on January 27, official information about 2 Covid-19 cases in the community were updated. Investor heavy losses.
The confidence of investors in the stock market is being strongly tested after hundreds of stocks added a “red bath” session.
The attempt to recover at the end of the morning session became meaningless because at the beginning of the afternoon session, the VN-Index plunged very strongly and closed at 1,097.17 points, lost the 1,100 point mark, accepting an additional loss of 38.95 points corresponding to the level. 3.43% damage.
The HNX-Index was also not better when it lost 7.03 points, equivalent to 3.09%, remaining 220.79 points, and the UPCoM-Index lost 1.96 points, or 2.56%, remaining 74.46 points.
This session, the market still attracted a large amount of money to disburse, especially at the time when the indices fell most deeply.
Specifically, on the HSX, the cash flow reached VND 16,779.4 billion with a trading volume of 785.7 million shares; on the HNX, there were 137.3 million units equal to 1,856.47 billion VND and on the UPCoM there were 52.19 million shares, equivalent to 726.71 billion VND.

Thereby, it proved that the amount of cash was still large, the force of catching at the bottom was large, at the same time it also reflected the supply of cheap stocks becoming overwhelming and pressing the market deeper, breaking important support levels.
Market statistics showed that there were 773 price codes, 144 stocks falling compared to 181 stocks increasing, 38 stocks going to the ceiling.
Particularly in the VN30 basket, with 27 losers, of which 3 stocks dropped to the floor, this index lost 41.46 points, equivalent to 3.69%. SSI hit the floor to 29,800 dong, VRE dropped to the floor to 34,450 dong and SBT dropped to the floor to 19,750 dong. All 3 stocks were in white buying side and had surplus selling at floor price.
Many other good stocks were also sold out strongly and fell deeply. MBB decreased by 6.2%; SIB decreased by 5.9%; VPB decreased by 5.9%; CTG decreased by 5.5%; GAS decreased by 5.2%; POW decreased by 5.2%; HDB decreased 4.9%. Other pillars like VIC also recorded a loss of 1.5%, BID decreased by 2.9%, and VCB decreased by 3.5%.
However, as statistics show, not every stock felt in price. There were still gainers like NVL up 0.2%; MWG increased by 1.1%; ROS increased by 5.9%.
There were even very strong ceiling gainers such as VGC, SZC, SJS, and DPR on the HSX; HTP, VGP, VNT on the HNX.
Many investors were shocked when the market continuously dropped and washed away all its achievements, the VN-Index also lost all its upward results within 1 month.
After the session ended, the authorities officially announced the situation of Covid-19, saying that 2 cases of community infection were detected, including an employee at Van Don airport and a woman from Hai Duong.
This is not the first time this happened, however, many investors are still worried because the situation is complicated and happened before the Lunar New Year. There are also more optimistic investors who believe that when the bad news, the pressure has been fully reflected on the price, the market will recover.
“I believe the market will probably recover soon. Actually, Vietnam has experienced an outbreak and the authorities still control it well. Through experience from April and July last year, I hope the market will soon rebound” said Nguyen Quang – an investor.