Daily Review

20220712_BSC_Vietnam Daily Review_Rebound from 1150

Date

12/07/2022
Language

Tiếng Việt
Number of Downloads

95

Detailed report

Market outlook

Stock market: VN-Index traded positively at today session. The uptrend lasted and gradually increased over time from the morning session to the the afternoon session. Market breadth was in a positive state with gainers outnumbering losers. 16/19 sector gained points with the uptrend spearhead coming from Chemicals, Utilities and Petroleum. Market liquidity remained at the average trading level in the recent period. Foreign investors were net sellers on both HSX and HNX. VN-Index rebounded when the market reached the psychological support level of 1150 points. However, with modest liquidity, the rally may not last and is likely to correct at 1200 points. BSC recommends investors to trade cautiously while the market is still in the consolidation process.

Future contracts: Futures contracts mostly rallied 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 12/07/2022, warrants increased according to the movement of the underlying stock.

Highlights:

VN-Index +19.53 points, closing at 1174.82 points. HNX-Index +5.06 points, closing at 281.99 points.
Pulling the index up: BID (+2.50), GAS (+2.02), GVR(+1.53), MBB (+0.62), BCM (+0.61).
Pulling the index down: VHM (-0.32), VJC (-0.25), SAB (-0.24), MSN (-0.18), TMS (-0.12).
The matched value of VN-Index reached VND 9,297 billion, down 8.39% compared to the previous session. The total transaction value reached VND 10,663 billion.
The trading range is 21.27 points. The market had 362 advancers, 54 reference stocks and 97 losers.
Foreign investors' net selling value: VND -283.23 billion on HOSE, including VHM (VND -86.64 billion), VCB (VND -42.70 billion), CTG (VND -40.42 billion). Foreign investors were net sellers on HNX with the value of VND -33.25 billion.

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