20241119_BSC_Vietnam Daily Review_VN_The VN-Index continues to face selling pressure from foreign investors.

Market outlook
VN-Index experienced a slight recovery attempt during the morning session, but it was insufficient to sustain momentum in the afternoon. Consequently, the index closed at 1,205.15 points, down 11.97 points from the previous trading day. Market breadth was negative, with 16/18 sectors declining. The Information Technology sector saw the most significant drop, while the Oil & Gas and Insurance sectors increased. Foreign investors continued their net selling trend on both the HSX and HNX exchanges. The sharp decline in the afternoon suggests that recent reversal movements, like those observed yesterday, remain unconvincing. If the support range of 1,200–1,190 points fails to hold, VN-Index may continue to fall further, testing further support levels (around 1180). Conversely, if buying demand increases at these support levels, the market could experience a short-term technical rebound. However, for a sustainable upward trend to develop, significant improvements in liquidity and market sentiment are necessary.

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

Covered warrants
During the trading session on 19/11/2024, warrants fluctuated according to the correction of the underlying stocks.

Highlight
• VN-Index -11.97 points, closing at 1205.15 points. HNX-Index -2.11 points, closing at 219.68 points.
• Pulling the index up: VHM (+1.54), BID (+0.21), PLX (+0.19), BVH (+0.13), TMS (+0.12).
• Pulling the index down: FPT (-1.40), VCB (-1.35), BCM (-0.73), GVR (-0.72), GAS (-0.62).
• The matched trade value of VN-Index reached VND 11,341 billion, decreased -14.96% compared to the previous session. The total transaction value reached VND 13,236 billion.
• The trading range is 16.25 points. The market had 83 gainers, 55 remaining unchanged, 287 losers.
• Foreign investors' net selling value: VND -1661.45 billion on HOSE, including VHM (VND -342.13 billion), FPT (VND -312.13 billion), HDB (VND -207.71 billion), HPG (VND -131.45 billion), SSI (VND -108.86 billion). Foreign investors were net sellers on HNX with the value of VND -37.62 billion.

BSC30, BSC50 performance
• BSC30 -0.22%. Positive stocks: SSI (+1.46%), VHM (+1.37%), PVD (+0.86%).
• BSC50 -0.16%. Positive stocks: HCM (+3.60%), BSI (+3.12%), TPB (+2.56%).