Market outlook
Stock market: The market struggled within a range of 10 points all day and ended the session at 1,009.29, a slight decrease of 6 points compared to yesterday with low liquidity. Market breadth leaned to the negative side with 13 out of 19 sectors dropping, of which the leading sector was Financial Services. Regarding the transactions of foreign investors, today they continued to be net buyers on both HSX and HNX. Vietnam's macro indicators were announced today with GDP in 2022 estimated at 8.02%, exceeding the target set at the beginning of the year. However, this growth was forecasted earlier, so it did not cause a positive response in the market. In the closing session of 2022 tomorrow, perhaps VN-Index will not have any remarkable changes, and may continue to fluctuate in the range of 1,000 - 1,020.
Future contracts: Futures contracts increased according to the movement of VN30. It is recommended that investors trade cautiously during the session.
Covered warrants: In the trading session on December 29, 2022, coverred warrants fluctuated along with the struggling movement of the underlying stocks.
Highlights:
• VN-Index -6.37 points, closing at 1009.29. HNX-Index +0.5 points, closing at 206.54.
• Pulling the index up: VCB (+0.83), MSN (+0.36), PNJ (+0.22), KBC (+0.2), KDH (+0.16).
• Pulling the index down: BID (-2.41), VPB (-0.59), SAB (-0.58), GVR (-0.4), HPG (-0.29).
• The matched value of VN-Index reached VND 5,851 billion, decreased -9.09% compared to the previous session. The total transaction value reached VND 8,236 billion.
• The trading range is 12.67 points. The market had 147 advancers, 93 reference stocks, 237 decliners.
• Foreign investors' net buying value: VND 136.18 billion on HOSE, including VND (58.43 billion), HPG (44.58 billion), STB (32.89 billion). Foreign investors were net buyers on HNX with the value of VND 6.31 billion.