20241118_BSC_Vietnam Daily Review_VN_Incomplete reversal session

Market outlook
Selling pressure pushed the VN-Index down to 1,207.89 points during the morning session. However, the index opened the afternoon session with buying demand, leading to a partial recovery, but later selling pressure dragged the VN-Index down to close at 1,217.12 points, a slight decrease of 1 point compared to the previous session. Market breadth tilted towards negativity, with 14 out of 18 sectors declining. Retail led the losses, followed by Oil & Gas and Industrials. On the other hand, the Financial Services sector had a positive trading session. Regarding foreign trading, net selling was recorded on both the HSX and HNX exchanges today. Although the VN-Index did not experience a complete reversal today, many stocks showed impressive recoveries, indicating bottom-fishing demand around the 1,200-point level. In a positive scenario, the VN-Index could potentially establish a bottom at this threshold.

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

Covered warrants
During the trading session on 18/11/2024, warrants fluctuated according to the correction of the underlying stocks.

Highlight
• VN-Index -1.45 points, closing at 1217.12 points. HNX-Index +0.26 points, closing at 221.79 points.
• Pulling the index up: VHM (+0.59), TPB (+0.26), CTG (+0.26), GAS (+0.23), HCM (+0.17).
• Pulling the index down: VCB (-0.94), MWG (-0.35), BID (-0.34), KBC (-0.31), VNM (-0.25).
• The matched trade value of VN-Index reached VND 13,327 billion, decreased -17.66% compared to the previous session. The total transaction value reached VND 15,536 billion.
• The trading range is 20.78 points. The market had 184 gainers, 70 remaining unchanged, 181 losers.
• Foreign investors' net selling value: VND -1457.89 billion on HOSE, including SSI (VND -268.18 billion), VHM (VND -242.61 billion), MWG (VND -198.08 billion), HDB (VND -145.58 billion), VNM (VND -108.30 billion). Foreign investors were net sellers on HNX with the value of VND -17.58 billion.

BSC30, BSC50 performance
• BSC30 -1.59%. Positive stocks: VHC (+0.27%), PVD(0.00%), VHM(-0.25%).
• BSC50 -1.10%. Positive stocks: VTP (+6.99%), KBC (+2.44%), SZC (+2.30%).