20241029_BSC_Vietnam Daily Review_VN_VN-Index rebounded from the support threshold of 1,250

Market outlook
The VN-Index surged right from the opening of the morning session, trading in the range of 1,257 – 1,262 and closing at 1,261.78 points, up over 7 points compared to yesterday. Market breadth was positive with 16 out of 18 sectors advancing, led by the Media sector, followed by the Tourism and Leisure sector. Conversely, the Oil & Gas sector had a less favorable session. In terms of foreign transactions, today saw net selling of more than 5.2 trillion VND on the HSX. This movement indicates that bottom-fishing demand has emerged at the 1,250 level, albeit still weak. In upcoming sessions, it will be essential to monitor whether cash flow supports a rebound at this support level.

Futures contracts
Futures contracts all increased according to the movement of VN30.

Covered warrants
During the trading session on 29/10/2024, warrants fluctuated according to the recovery of the underlying stocks.

Highlight
• VN-Index +7.01 points, closing at 1261.78 points. HNX-Index +0.97 points, closing at 225.56 points.
• Pulling the index up: HVN (+0.80), HDB (+0.47), HPG (+0.47), GVR (+0.44), VIB (+0.37).
• Pulling the index down: VNM (-0.10), PDR (-0.09), VIC (-0.09), DXG (-0.08), TPB (-0.06).
• The matched trade value of VN-Index reached VND 11,624 billion, increased 26.27% compared to the previous session. The total transaction value reached VND 18,796 billion.
• The trading range is 4.95 points. The market had 244 gainers, 65 remaining unchanged, 132 losers.
• Foreign investors' net selling value: VND -5241.46 billion on HOSE, including VIB (VND -5535.00 billion), VHM (VND -95.11 billion), BID (VND -59.00 billion), MSN (VND -44.80 billion), HPG (VND -43.34 billion). Foreign investors were net sellers on HNX with the value of VND -11.16 billion.

BSC30, BSC50 performance
• BSC30 +0.47%. Positive stocks: HSG (+2.22%), DCM (+2.19%), DGC (+1.28%).
• BSC50 +0.40%. Positive stocks: HAH (+2.73%), BMP (+2.18%), VND (+2.10%).