20240801_BSC_Vietnam Daily Review_VN_VN-Index drops sharply to 1,225 threshold

After failing to increase to the 1,260 threshold, VN-Index was pushed down by selling pressure to the 1,220 - 1,225 zone before closing at 1,226.96 points, down more than 25 points compared to yesterday. Market breadth was negative with 18/18 sectors losing points, of which Chemicals and Financial Services led the decline. Regarding foreign trading, today they were net buyers on both HSX and HNX. Bottom-fishing cash flow has appeared quite well in the 1,220 - 1,225 zone, but there is still a risk of further decline following inertia. Investors should trade cautiously in the coming sessions.

 

Futures contracts all decreased according to the movement of VN30.

 

During the trading session on 01/08/2024, warrants fluctuated according to the downtrend of the underlying stocks.

 

• VN-Index -24.55 points, closing at 1226.96 points. HNX-Index -6.13 points, closing at 229.23 points.

• Pulling the index up: VCB (+2.12), SSB (+0.09), NAB (+0.08), PNJ (+0.06), DBC (+0.04).

• Pulling the index down: GVR (-1.51), FPT (-1.34), MBB (-1.27), BCM (-1.22), BID (-1.11).

• The matched trade value of VN-Index reached VND 20,222 billion, increased 32.28% compared to the previous session. The total transaction value reached VND 21,347 billion.

• The trading range is 35.34 points. The market had 45 gainers, 38 remaining unchanged, 423 losers.

• Foreign investors' net buying value: VND 59.35 billion on HOSE, including VCB (VND 191.86 billion), VNM (VND 159.08 billion), MWG (VND 109.82 billion), MSN (VND 83.52 billion), DBC (VND 56.45 billion). Foreign investors were net buyers on HNX with the value of VND 30.78 billion.

• BSC30 -2.42%. Positive stocks: VCB (+1.68%), PNJ (+0.72%), PVD (+0.54%).

• BSC50 -3.56%. Positive stocks: DBC (+2.34%).