Daily Review

20220706_BSC_Vietnam Daily Review_Break the low of May

Date

06/07/2022
Language

Tiếng Việt
Number of Downloads

75

Detailed report

Market outlook

Stock market: VN-Index opened with a gap down of 14 points, then struggled in a range of 10 points (1160-1170) throughout the day before falling to close at 1149.61. Market breadth tilted to the negative side with 17 out of 19 sectors dropping. Regarding the transactions of foreign investors, today they were net sellers on both HSX and HNX. Currently the market has dropped below the threshold of 1150. If the market cannot return to 1160, it may continue to fall back to 1100 to complete the 5 falling wave pattern (the amplitude of wave 5 is equivalent to the amplitude of wave 1).

Future contracts: The futures contracts mostly dropped according to the movement of the VN30 index. It is recommended that investors consider short-term trading during the session.

Covered warrants: In the trading session on July 6, 2022, warrants decreased according to the movement of the underlying stock.

Highlights:

VN-Index -31.68 points, closing at 1149.61 points. HNX-Index -6.02 points, closing at 271.92 points.
Pulling the index up: SAB (+0.30), VJC (+0.17), DBC(+0.10), HVN (+0.09), HAG (+0.06).
Pulling the index down: VIC (-4.41), GAS (-3.31), VHM (-1.53), VCB (-1.44), CTG (-1.37).
The matched value of VN-Index reached VND 11.092 billion, down 10.39% compared to the previous session. The total transaction value reached VND 12.569 billion.
The trading range is 27.63 points. The market had 73 advancers, 47 reference stocks and 395 losers.
Foreign investors' net selling value: VND -749.22 billion on HOSE, including FUEVFVND (VND -219.81 billion), GAS (VND -80.51 billion), VCB (VND -67.80 billion). Foreign investors were net sellers on HNX with the value of VND -0.01 billion.

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