The double top pattern is gradually being completed

MARKET OUTLOOK
VN-Index opened with a rise, but the selling pressure at the 1,270 level pushed the index down to 1,263 before buying interest helped the index recover and close at 1,269.71 points, nearly flat compared to the previous session. Market breadth leaned towards the positive side with 11 out of 18 sectors rising, led by the Insurance, Auto & Parts, and Oil & Gas sectors. Regarding foreign trading, they were net sellers on both the HSX and HNX exchanges. The VN-Index is gradually shifting to lower trading ranges. The index could move down to the 1,260 level in the short term; in a more negative scenario, it could move towards the neckline of the double top pattern, which corresponds to the 1,250–1,255 range.

FUTURES CONTRACTS
The futures contracts moved in the opposite direction to the slight correction of VN30, except for VN30F2503.

COVERED WARRANTS
During the trading session on 02/01/2025, warrants fluctuated according to the correction of the underlying stocks.

HIGHLIGHT
• VN-Index +2.93 points, closing at 1269.71 points. HNX-Index +0.26 points, closing at 227.69 points.
• Pulling the index up: BID (+1.10), VCB (+0.96), HPG (+0.55), CTG (+0.39), HVN (+0.30).
• Pulling the index down: TCB (-0.51), HDB (-0.33), EIB (-0.24), KDH (-0.23), ACB (-0.22).
• The matched trade value of VN-Index reached VND 8,765 billion, decreased -8.08% compared to the previous session. The total transaction value reached VND 10,713 billion.
• The trading range is 7.88 points. The market had 239 gainers, 74 remaining unchanged, 164 losers.
• Foreign investors' net selling value: VND -300.73 billion on HOSE, including VCB (VND -131.49 billion), BID (VND -72.47 billion), STB (VND -69.57 billion), HDB (VND -47.04 billion), VHM (VND -45.42 billion). Foreign investors were net sellers on HNX with the value of VND -4.57 billion.

BSC30, BSC50 PERFORMANCE
• BSC30 -0.44%. Positive stocks: ACB (+1.57%), FPT (+1.33%), CTR (+1.22%).
• BSC50 -0.38%. Positive stocks: QTP (+2.19%), PTB (+1.84%), SZC (+1.68%).