20220908_BSC_Vietnam Daily Review_VN_A struggling session

Stock market: VN-Index continued to drop nearly 9 points compared to yesterday after a struggling trading day, closing at 1,234.6 points. Market breadth tilted to the negative side with 12 out of 19 sectors dropping. Regarding the transactions of foreign investors, today they net bought on both HSX and HNX. VN-Index continued to form a red Marubozu candle today, broke the neckline of the Head and Shoulders pattern, showing that the market sentiment was not positive. In the next few sessions, the index is likely to drop to the support zone of 1,220-1,230. If it continues to lose this support, the index will return to 1,190-1,200.

 

Future contracts: Futures contracts all fell in line with the trend of the VN30 index. Investors should trade cautiously tomorrow.

 

Covered warrants: In the trading session on September 8, 2022, warrants differentiated sharply along with the movement of the underlying stocks.

 

• VN-Index -8.57 points, closing at 1234.6. HNX-Index -1.9 points, closing at 282.15.

• Pulling the index up: MSN (+1.08), SAB (+0.6), NVL (+0.59), VIC (+0.39), MWG (+0.3).

• Pulling the index down: VCB (-2.4), BID (-1.41), GVR (-0.81), HVN (-0.62), CTG (-0.61).

• The matched value of VN-Index reached VND 12,723 billion, decreased -32.42% compared to the previous session. The total transaction value reached VND 14,415 billion.

• The trading range is 16.76 points. The market had 151 advancers, 70 reference stocks, 317 decliners.

• Foreign investors' net buying value: VND 74.35 billion on HOSE, including HPG (99.77 billion), DGC (45.74 billion), NLG (25.62 billion). Foreign investors were net buyers on HNX with the value of VND 1.79 billion.