Daily Review

20230105_BSC_Vietnam Daily Review_EN_VN-Index continously increased

Date

05/01/2023
Language

Tiếng Việt
Number of Downloads

91

Detailed report

Market outlook

Stock market: After the morning session failing to conquer 1,050, in the afternoon session, VN-Index gained bravely and ended at 1,055.82 points, up more than 9 points compared to yesterday. Market breadth tilted to the positive side with 16/19 sectors gaining, in which the strongest increase of more than 4% belonged to the Communication sector. Regarding the transactions of foreign investors, today they continued to be net buyers on both HSX and HNX. Although VN-Index is in the process of recovering, however, with current weak liquidity, the index is likely to encounter great profit-taking pressure at resistance areas. The immediate resistance area that the index needs to bounce up is at 1,060-1,065.

Future contracts: Futures contracts increased according to the movement of VN30. It is recommended that investors trade cautiously in the coming sessions.

Covered warrants: In the trading session on January 5, 2023, coverred warrants fluctuated along with the recovery of the underlying stocks.

Highlights:

• VN-Index +9.47 points, closing at 1055.82. HNX-Index +0.05 points, closing at 213.11.

• Pulling the index up: VCB (+1.43), VNM (+1), GAS (+0.77), VHM (+0.77), HPG (+0.58).

• Pulling the index down: NVL (-0.15), OCB (-0.07), BID (-0.06), PVT (-0.06), VJC (-0.05).

• The matched value of VN-Index reached VND 8,149 billion, decreased -10.4% compared to the previous session. The total transaction value reached VND 9,185 billion.

• The trading range is 11.79 points. The market had 241 advancers, 65 reference stocks, 159 decliners.

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