20220906_BSC_Vietnam Daily Review_EN_A slowdown

Stock market: Today, VN-Index formed a candle with a long upper shadow for the fourth consecutive session, showing a fairly large resistance at 1,285-1,290. Market liquidity improved compared to yesterday, though still at a low level. At the end of the session, VN-Index stopped at the threshold of 1,277, almost unchanged compared to the previous session. Market breadth tilted to the negative side with 8/19 sectors gaining. Regarding the transactions of foreign investors, today they were a net seller on the HSX and a net buyer on the HNX. In the next few sessions, if there is no cash flow factor, the index will probably continue to accumulate around 1,270-1,280 zone.

 

Future contracts: Futures contracts all increased in line with the trend of the VN30 index. Investors should consider short-term trading in the next session.

 

Covered warrants: In the trading session on September 6, 2022, warrants differentiated along with the movement of the underlying stocks.

 

Highlights:

• VN-Index +0.05 points, closing at 1277.4. HNX-Index +0.45 points, closing at 293.27.

• Pulling the index up: BID (+0.7), CTG (+0.37), NVL (+0.3), VRE (+0.3), POW (+0.18).

• Pulling the index down: VIC (-0.68), HPG (-0.52), BCM (-0.42), GVR (-0.3), DCM (-0.24).

• The matched value of VN-Index reached VND 13,118 billion, increased 12.84% compared to the previous session. The total transaction value reached VND 14,561 billion.

• The trading range is 9.57 points. The market had 191 advancers, 85 reference stocks, 261 decliners.

• Foreign investors' net selling value: VND -269.91 billion on HOSE, including VIC (-34.32 billion), HPG (-31.16 billion), KDH (-30.67 billion). Foreign investors were net buyers on HNX with the value of VND 31.68 billion.