20241217_BSC_Vietnam Daily Review_VN_VN-Index continued to face selling pressure from foreign investors

Market outlook
In today’s trading session, VN-Index fluctuated around the 1,260-1,265 range before falling below the reference level and closing at 1,261.72 points, down over 2 points compared to the previous day. Market breadth tilted to the negative side with 12/18 sectors losing points; of which the Information Technology sector fell the most, followed by the Retail sector, the Tourism and Entertainment sector,...On the other hand, the Communication sector led the gains, climbing nearly 6% compared to the previous session. Foreign investors continued to extend net selling momentum on the HSX, extending a series of 7 consecutive sessions. With declining liquidity, VN-Index may continue to decline in the coming sessions, and fall below the SM50 line. In a negative scenario, the index may fall deeply to the 1,240 point threshold.

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

Covered warrants
During the trading session on 17/12/2024, warrants fluctuated according to the correction of the underlying stocks.

Highlight
• VN-Index -2.07 points, closing at 1261.72 points. HNX-Index -0.15 points, closing at 226.89 points.
• Pulling the index up: VHM (+0.35), VTP (+0.11), KDH (+0.10), EIB (+0.07), MBB (+0.07).
• Pulling the index down: FPT (-0.67), VPB (-0.29), MWG (-0.25), BID (-0.21), VNM (-0.20).
• The matched trade value of VN-Index reached VND 8,698 billion, decreased -5.51% compared to the previous session. The total transaction value reached VND 12,064 billion.
• The trading range is 4.85 points. The market had 147 gainers, 78 remaining unchanged, 232 losers.
• Foreign investors' net selling value: VND -669.13 billion on HOSE, including FPT (VND -311.25 billion), MWG (VND -80.23 billion), NLG (VND -62.66 billion), HPG (VND -56.54 billion), VRE (VND -50.55 billion). Foreign investors were net sellers on HNX with the value of VND -42.26 billion.

BSC30, BSC50 performance
• BSC30 +0.19%. Positive stocks: IDC (+1.42%), PVD (+1.27%), VNM (+1.25%).
• BSC50 +0.14%. Positive stocks: SIP (+2.79%), GEX (+2.70%), FRT (+2.25%)."