Market outlook
Stock market: The market experienced a strong gaining session today, with a great contribution from Steel, Chemical, Fertilizer,... stocks that benefited from world commodity prices. Besides, Banking and Logistics also had a positive session, contributing to the uptrend of the VN-Index. Market breadth tilted to the positive side with 16 out of 19 sectors gaining. Regarding transactions of foreign investors, today they were net buyers on both HSX and HNX. Currently, the market is trading in a fairly wide range, investors should be careful in the coming sessions. In short term, the index is likely to accumulate around 1500 level.
Future contracts: Futures contracts all increased according to the movement of the VN30 index. Investors can consider buying short-term contracts.
Covered warrants: In the trading session on March 3, 2022, most of the warrants increased according to the movement of the underlying stock.
Highlights:
• VN-Index +19.48 points, closed 1505.00 points. HNX-Index +7.06 points, closing 449.31 points.
• Pulling the index up: HPG (+3.80), VPB (+1.08), GVR (+0.91), NVL (+0.7859), CTG (+0.73).
• Pulling the index down: SAB (-0.30), VJC (-0.21), LGC (-0.15), POW (-0.14), VRE (-0.05).
• The matching value of VN-Index reached 26,429 billion dong, down -9.89% compared to the previous session. The total transaction value reached 30,327 billion VND.
• The trading range was 17.31 points. The market had 337 advancers, 54 reference stocks and 115 decliners.
• Foreign investors' net buying value: VND 539.55 billion on HOSE, including DGC (87,208 billion), DCM (66,995 billion), and STB (63,158 billion). Foreign investors were a net buyer on HNX with the value of VND 26.01 billion.