20241115_BSC_Vietnam Daily Review_VN_VN-Index may follow momentum and decrease to 1,200 points

Market outlook
The VN-Index dropped to 1,217 points in the morning session and showed a slight recovery at the beginning of the afternoon session before closing at 1,218.57 points, marking a decline of -1.08% compared to the previous session. Market breadth was skewed towards the negative side, with 16/18 sectors recording losses. The Communication sector led the decline, followed by Financial Services, Retail, and others. On the other hand, the Insurance and Industrial Goods & Services sectors posted gains. Foreign investors continued their net selling trend, with a net sell value of VND 1,429.54 billion, the highest since November. The selling pressure is gaining strength, as evidenced by the increased liquidity today. The VN-Index may continue to trend lower, potentially heading towards the support level of 1,200 points.

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

Covered warrants
During the trading session on 15/11/2024, warrants fluctuated according to the correction of the underlying stocks.

Highlight
• VN-Index -13.32 points, closing at 1218.57 points. HNX-Index -2.29 points, closing at 221.53 points.
• Pulling the index up: HVN (+2.76), VTP (+1.19), VCB (+0.45), SIP (+0.42), QCG (+0.36).
• Pulling the index down: BID (-6.42), VHM (-4.83), GVR (-4.65), CTG (-3.73), VPB (-3.68).
• The matched trade value of VN-Index reached VND 16,175 billion, increased 19.21% compared to the previous session. The total transaction value reached VND 18,623 billion.
• The trading range is 12.56 points. The market had 75 gainers, 49 remaining unchanged, 305 losers.
• Foreign investors' net selling value: VND -1318.19 billion on HOSE, including VHM (VND -699.69 billion), FPT (VND -338.25 billion), SSI (VND -208.45 billion), VNM (VND -112.40 billion), VPB (VND -76.90 billion). Foreign investors were net sellers on HNX with the value of VND -19.72 billion.

BSC30, BSC50 performance
• BSC30 -1.53%. Positive stocks: GMD (+1.22%), VHM (+0.12%), VNM(0.00%).
• BSC50 -1.70%. Positive stocks: VSC (+4.37%), HAH (+4.12%), TNG (+0.79%).