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.
Technical Analysis: DPG_Rebound
Future contracts: Futures contracts all increased according to the movement of the VN30 index. Investors should trade cautiously in the coming sessions.
Covered warrants: In the trading session on March 4, 2022, the majority of warrants differentiated according to the movement trend of the underlying stock.
Highlights:
• VN-Index +0.33 points, closed 1505.33 points. HNX-Index +1.28 points, closing 450.59 points.
• Pulling the index up: VPB (+0.74), MSN (+0.66), BID (+0.65), VRE (+0.62), ACB (+0.59).
• Pulling the index down: GAS (-1.27), SAB (-0.10), VCB (-0.70), VJC (-0.53), PLX (-0.53).
• The matched value of VN-Index reached 27,603 billion dong, down -5.26% compared to the previous session. The total transaction value reached 29,581 billion VND.
• The trading range is 7.8 points. The market had 256 advancers, 64 reference stocks and 182 losers.
• Foreign investors' net buying value: 469.19 billion dong on HOSE, including VPB (890,289 billion), MSN (72,316 billion), and PNJ (69,495 billion). Foreign investors were net sellers on HNX with the value of -1.07 billion dong.