Daily Review

20220711_BSC_Vietnam Daily Review_Continue the downward trend

Date

11/07/2022
Language

Tiếng Việt
Number of Downloads

100

Detailed report

Market outlook

Stock market: The VN-Index struggled but still maintained the downtrend from the beginning of the morning session. In the afternoon session, the index was suddenly sold strongly, dropped to 1145 before returning to close at 1155, down 16 points compared to the previous session. Market breadth skewed to the negative side with 16 out of 19 sectors dropping, in which the biggest drop was in Banking and Financial Services. The 1150 level is a fairly hard support level of the market. In the coming sessions, the market may continue to trade above this level.

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 11/07/2022, warrants decreased according to the movement of the underlying stock.

Highlights:

VN-Index -16.02 points, closing at 1155.29 points. HNX-Index -0.87 points, closing at 276.93 points.
Pulling the index up: KBC (+0.22), DIG (+0.22), GEX(+0.18), HAG (+0.16), PGV (+0.15).
Pulling the index down: VCB (-2.34), TCB (-1.65), VPB (-1.20), MSN (-0.85), BID (-0.63).
The matched value of VN-Index reached VND 10,148 billion, up 8.55% compared to the previous session. The total transaction value reached VND 11,445 billion.
The trading range is 20.68 points. The market had 131 advancers, 65 reference stocks and 319 losers.
Foreign investors' net buying value: VND 5.7 billion on HOSE, including VNM (VND 53.70 billion), GMD (VND 26.18 billion), PNJ (VND 23.91 billion). Foreign investors were net sellers on HNX with the value of VND -2.89 billion.

Download