The bottom-fishing demand at the 1,240 level is quite strong

MARKET OUTLOOK
At the opening of the morning session, the VN-Index surged to the 1,245 level. However, selling pressure at this point caused the index to drop sharply to 1,235 before closing at 1,242.36, up more than 6 points compared to the previous session. Market breadth leaned positive, with 17 out of 18 sectors gaining, led by Financial Services and Industrial Goods & Services. The remaining sectors recorded only modest increases of around 0.5%. Foreign investors were net sellers today, with a net selling value exceeding VND 3 trillion on the HSX. In the coming sessions, the index may continue to recover towards the resistance level of 1,253. However, as the market remains risky, investors are advised to trade cautiously.

FUTURES CONTRACTS
Futures contracts increased according to the movement of VN30, except for VN30F2501.

COVERED WARRANTS
During the trading session on 16/01/2025, warrants fluctuated according to the correction of the underlying stocks.

HIGHLIGHT
• VN-Index +6.18 points, closing at 1242.36 points. HNX-Index +1.29 points, closing at 220.84 points.
• Pulling the index up: VCB (+1.77), FPT (+0.36), BID (+0.33), LPB (+0.33), VTP (+0.33).
• Pulling the index down: SAB (-0.30), SJS (-0.11), VGC (-0.07), STG (-0.07), ACB (-0.05).
• The matched trade value of VN-Index reached VND 9,422 billion, increased 11.68% compared to the previous session. The total transaction value reached VND 13,299 billion.
• The trading range is 9.84 points. The market had 222 gainers, 90 remaining unchanged, 150 losers.
• Foreign investors' net selling value: VND -3105.45 billion on HOSE, including VIC (VND -2048.23 billion), FPT (VND -187.21 billion), STB (VND -126.62 billion), SSI (VND -118.03 billion), CTG (VND -109.11 billion). Foreign investors were net buyers on HNX with the value of VND 6.27 billion.

BSC30, BSC50 PERFORMANCE
• BSC30 +0.37%. Positive stocks: MSN (+3.30%), HSG (+2.63%), POW (+2.15%).
• BSC50 +1.66%. Positive stocks: HHV (+5.93%), LCG (+5.53%), C4G (+5.19%).