20240911_BSC_Vietnam Daily Review_VN_The downward momentum of VN-Index has slowed down

Market outlook
The VN-Index continued its decline right from the opening, but bottom-fishing demand helped the index close at 1,253.27 points, almost unchanged from yesterday. Market breadth leaned towards the negative with 11 out of 18 sectors declining, led by the Oil and Gas sector, followed by Media, Insurance, and others. On the other hand, the Tourism and Leisure sector and the Basic Resources sector had a positive trading session. Regarding foreign transactions, today saw a slight net buying on both the HSX and HNX exchanges. In the upcoming sessions, the VN-Index may consolidate around the 1,250 support level to gain momentum for a rebound; otherwise, the index might fall back to the 1,230 level.

Futures contracts
All futures contracts decreased according to the movement of VN30, except VN30F2503.

Covered warrants
During the trading session on 11/09/2024, warrants fluctuated according to the struggling movement of the underlying stocks.

Highlight
• VN-Index -1.96 points, closing at 1253.27 points. HNX-Index -0.24 points, closing at 231.45 points.
• Pulling the index up: HPG (+0.32), HVN (+0.25), VHM (+0.21), FPT (+0.21), MBB (+0.20).
• Pulling the index down: VCB (-0.81), SSB (-0.65), NVL (-0.38), GAS (-0.28), BID (-0.28).
• The matched trade value of VN-Index reached VND 11,235 billion, decreased -19.21% compared to the previous session. The total transaction value reached VND 12,819 billion.
• The trading range is 12.07 points. The market had 170 gainers, 82 remaining unchanged, 218 losers.
• Foreign investors' net buying value: VND 7.33 billion on HOSE, including FPT (VND 139.84 billion), VNM (VND 66.19 billion), VHM (VND 36.23 billion), PDR (VND 27.29 billion), DXG (VND 26.03 billion). Foreign investors were net buyers on HNX with the value of VND 1.09 billion.

BSC30, BSC50 performance
• BSC30 -0.59%. Positive stocks: FPT (+0.62%), STB (+0.51%), HSG (+0.25%).
• BSC50 -0.51%. Positive stocks: PC1 (+0.88%), PTB (+0.81%), VGC (+0.61%).