20240829_BSC_Vietnam Daily Review_VN_VN-Index went sideways

Market outlook
The VN-Index continued to move sideways today, closing at 1,281.47 points. The market breadth leaned towards the negative, with 11 out of 18 sectors declining, led by the Oil and Gas. On the other hand, the Tourism and Leisure experienced the strongest gains. Regarding foreign investors' trading activities, they were net sellers on the HSX and net buyers on the HNX. The sideways trend around the 1,280 level shows no signs of ending. Prolonged fluctuations within a narrow range could negatively impact market sentiment. Investors are advised to trade cautiously in the upcoming sessions.

Futures contracts
Futures contracts increased according to the movement of VN30, except for VN30F2412.

Covered warrants
During the trading session on 29/08/2024, warrants fluctuated according to the correction of the underlying stocks.

Highlight
• VN-Index +0.03 points, closing at 1281.47 points. HNX-Index -0.35 points, closing at 237.88 points.
• Pulling the index up: VHM (+0.65), VCB (+0.55), BCM (+0.52), STB (+0.43), MBB (+0.26).
• Pulling the index down: BID (-0.41), GVR (-0.34), GAS (-0.22), VNM (-0.20), EIB (-0.19).
• The matched trade value of VN-Index reached VND 12,688 billion, decreased -14.47% compared to the previous session. The total transaction value reached VND 13,986 billion.
• The trading range is 7.96 points. The market had 174 gainers, 92 remaining unchanged, 214 losers.
• Foreign investors' net selling value: VND -116.66 billion on HOSE, including HPG (VND -129.62 billion), VCI (VND -90.27 billion), VRE (VND -84.46 billion), TCB (VND -46.00 billion), VPB (VND -43.68 billion). Foreign investors were net buyers on HNX with the value of VND 19.27 billion.

BSC30, BSC50 performance
• BSC30 +0.33%. Positive stocks: STB (+4.23%), MBB (+1.22%), VCB (+1.10%).
• BSC50 -0.16%. Positive stocks: VND (+1.95%), BSI (+1.84%), HDB (+1.66%).