VN-Index needs to narrow its trading range to form a more solid short-term bottom

MARKET OUTLOOK
VN-Index dropped to SMA50 before bottom-fishing demand pushed the index back to close at 1,260.36 points, almost flat compared to yesterday. Market breadth was negative with 11/18 sectors losing points, however, the decline was quite modest, helping VN-Index maintain its trading range around 1,255. Regarding foreign trading, today this sector was a net buyer on both HSX and HNX. VN-Index still maintained its closing price above SMA20. In the coming sessions, the index needs to narrow its trading range to form a more solid short-term bottom at 1,260.

FUTURES CONTRACTS
Futures contracts increased according to the movement of VN30, except for VN30F2501, VN30F2502, VN30F2503, VN30F2506, 

COVERED WARRANTS
During the trading session on 24/12/2024, warrants fluctuated according to the correction of the underlying stocks.

HIGHLIGHT
• VN-Index -2.40 points, closing at 1260.36 points. HNX-Index -0.15 points, closing at 228.36 points.
• Pulling the index up: FPT (+0.22), DGC (+0.19), GEE (+0.18), TCB (+0.17), VPI (+0.14).
• Pulling the index down: BID (-0.69), HPG (-0.46), VCB (-0.40), HVN (-0.34), VHM (-0.25).
• The matched trade value of VN-Index reached VND 12,050 billion, increased 28.95% compared to the previous session. The total transaction value reached VND 15,959 billion.
• The trading range is 9.27 points. The market had 163 gainers, 63 remaining unchanged, 237 losers.
• Foreign investors' net buying value: VND 44.40 billion on HOSE, including SSI (VND 59.85 billion), MWG (VND 39.12 billion), STB (VND 33.27 billion), KDH (VND 26.83 billion), CTR (VND 25.11 billion). Foreign investors were net buyers on HNX with the value of VND 31.64 billion.

BSC30, BSC50 PERFORMANCE
• BSC30 +0.11%. Positive stocks: STB (+1.92%), HPG (+1.12%), DGC (+0.95%).
• BSC50 +0.59%. Positive stocks: BMP (+6.96%), DHC (+6.70%), DRC (+2.89%).