20241216_BSC_Vietnam Daily Review_VN_Market momentum is weak, VN-Index may return to 1,240

Market outlook
VN-Index moves sideways in today's session and closed at 1,263.79 points, only up 1 point compared to yesterday. The number of decreasing codes was greater than the number of increasing codes, 11/18 sectors increased, showing that cash flow is differentiated. The Tourism and entertainment industry led the increase today, while the Insurance industry fell the most. Regarding foreign transactions, today they were net sellers on the HSX and net buyers on the HNX. VN-Index may continue to struggle in the 1,260 - 1,265 range in the short term, however in bad cases, it can only retreat to the 1,240 threshold, investors should trade carefully.

Futures contracts
Futures contracts increased according to the movement of VN30, except for VN30F2412.

Covered warrants
During the trading session on 16/12/2024, warrants fluctuated according to the correction of the underlying stocks.

Highlight
• VN-Index +1.22 points, closing at 1263.79 points. HNX-Index +0.04 points, closing at 227.04 points.
• Pulling the index up: BID (+0.49), HVN (+0.47), VNM (+0.41), VHM (+0.30), FPT (+0.14).
• Pulling the index down: HPG (-0.31), GVR (-0.19), MBB (-0.19), GAS (-0.17), BVH (-0.16).
• The matched trade value of VN-Index reached VND 9,199 billion, decreased -2.54% compared to the previous session. The total transaction value reached VND 12,792 billion.
• The trading range is 8.45 points. The market had 158 gainers, 82 remaining unchanged, 214 losers.
• Foreign investors' net selling value: VND -28.92 billion on HOSE, including VCB (VND -54.14 billion), HPG (VND -37.05 billion), CMG (VND -32.14 billion), VPB (VND -20.78 billion), EIB (VND -20.60 billion). Foreign investors were net sellers on HNX with the value of VND -27.90 billion.

BSC30, BSC50 performance
• BSC30 -0.53%. Positive stocks: MWG (+1.67%), STB (+0.59%), TCB (+0.41%).
• BSC50 -0.62%. Positive stocks: BSR (+4.65%), VTP (+2.79%), ANV (+1.23%).