20240813_BSC_Vietnam Daily Review_VN_VN-Index went sideways

Market outlook
The VN-Index was virtually unchanged in today's trading session, closing at 1,230.42 points. Market breadth leaned negative, with 12 out of 18 sectors declining. The Basic Materials sector led the decline, followed by Utilities, Financial Services, and others. Regarding foreign trading activity, foreign investors were net buyers on the HOSE but were net sellers on the HNX. In the coming sessions, the market needs a decisive candle with supportive liquidity to break out of the 1,230 level and confirm a short-term recovery towards 1,255. Additionally, an important update today is that the MSCI Frontier Market Index has added 7 new stocks and removed 4. Among the new additions, two Vietnamese stocks—BWE and NAB—have been included. 

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

Covered warrants
During the trading session on 13/08/2024, warrants fluctuated according to the struggling movement of the underlying stocks.

Highlight
• VN-Index +0.14 points, closing at 1230.42 points. HNX-Index -0.59 points, closing at 230.18 points.
• Pulling the index up: VCB (+2.36), VNM (+0.41), NAB (+0.36), HDB (+0.29), HVN (+0.28).
• Pulling the index down: HPG (-0.69), GAS (-0.55), TCB (-0.43), SSB (-0.27), ACB (-0.22).
• The matched trade value of VN-Index reached VND 11,631 billion, decreased -3.24% compared to the previous session. The total transaction value reached VND 13,056 billion.
• The trading range is 8.54 points. The market had 162 gainers, 88 remaining unchanged, 234 losers.
• Foreign investors' net buying value: VND 321.40 billion on HOSE, including HDB (VND 378.03 billion), VNM (VND 151.79 billion), FPT (VND 77.01 billion), CTG (VND 52.73 billion), MWG (VND 47.76 billion). Foreign investors were net sellers on HNX with the value of VND -5.58 billion.

BSC30, BSC50 performance
• BSC30 -0.40%. Positive stocks: VCB (+1.94%), VNM (+1.10%), CTG (+0.47%).
• BSC50 -0.20%. Positive stocks: CSV (+6.92%), PDR (+3.71%), HDB (+1.57%).