VN-Index has dropped to the neckline of the double top pattern

MARKET OUTLOOK
VN-Index dropped sharply from 1,270 to 1,255 today and closed at 1,254.59 points, down more than 15 points compared to yesterday. Market breadth tilted to the negative side with 16/18 industries decreasing, with Insurance, Retail, and Financial Services leading the decline. Regarding foreign transactions, today they were net sellers on the HSX and slightly net buyers on the HNX. The market has dropped to the neckline of the double top pattern with increased liquidity compared to the previous session. The next movement of VN-Index depends on the bottom-fishing cash flow here; In a negative case, the index could further fall to the 1,240 threshold.

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

COVERED WARRANTS
During the trading session on 03/01/2025, warrants fluctuated according to the correction of the underlying stocks.

HIGHLIGHT
• VN-Index -15.12 points, closing at 1254.59 points. HNX-Index -2.03 points, closing at 225.66 points.
• Pulling the index up: VCB (+0.14), CTR (+0.12), PLX (+0.09), NVL (+0.07), YEG (+0.04).
• Pulling the index down: TCB (-1.26), CTG (-1.16), FPT (-1.06), VPB (-0.76), MWG (-0.69).
• The matched trade value of VN-Index reached VND 11,988 billion, increased 36.66% compared to the previous session. The total transaction value reached VND 13,715 billion.
• The trading range is 14.42 points. The market had 69 gainers, 46 remaining unchanged, 353 losers.
• Foreign investors' net selling value: VND -734.64 billion on HOSE, including FPT (VND -231.25 billion), CTG (VND -107.94 billion), TCB (VND -77.47 billion), HDB (VND -52.03 billion), SSI (VND -39.38 billion). Foreign investors were net buyers on HNX with the value of VND 1.19 billion.

BSC30, BSC50 PERFORMANCE
• BSC30 -0.44%. Positive stocks: DGW (+2.74%), BID (+1.73%), GMD (+1.53%).
• BSC50 -0.38%. Positive stocks: VTP (+5.19%), VGC (+4.56%), QNS (+3.60%).