Market outlook
Stock market: Facing the resistance level of 1200, VN-Index struggled in this area throughout the day. At the end of the session, the index increased slightly by 4 points, closing at 1198. 10/19 sectors gained, in which the Retail sector had the strongest increase of more than 4%, in addition, the Banking and Steel sectors were also the driving force for the index today. However, the number of losers outnumbered the number of gainers, showing that cash flow was differentiated in each sector. Regarding the transactions of foreign investors, today they were net buyers on both HSX and HNX. In the short term, VN-Index will likely continue to accumulate around 1200 to create an uptrend.
Future contracts: Futures contracts mostly rallied according to the movement of the VN30 index. It is recommended that investors consider long futures contracts in the coming sessions.
Covered warrants: In the trading session on July 21, 2022, warrants increased according to the movement of the underlying stock.
Highlights:
- VN-Index +4.33 points, closing at 1198.47 points. HNX-Index -0.78 points, closing at 288.09 points.
- Pulling the index up: MWG (+1.11), MSN (+0.91), SAB(+0.86), CTG (+0.55), GAS (+0.53).
- Pulling the index down: VHM (-0.86), BCM (-0.20), PLX (-0.16), BVH (-0.15), PGV (-0.11).
- The matched value of VN-Index reached VND 11,111 billion, down 14.14% compared to the previous session. The total transaction value reached VND 12,119 billion.
- The trading range is 6.94 points. The market had 197 advancers, 77 reference stocks and 247 losers.
- Foreign investors' net buying value: VND 386.84 billion on HOSE, including SSI (VND 64.06 billion), LPB (VND 52.65 billion), GAS (VND 41.41 billion). Foreign investors were net buyers on HNX with the value of VND 1.08 billion.