Daily Review

20220420_BSC_Vietnam Daily Review_EN_The market's 5th consecutive decline session

Date

20/04/2022
Language

Tiếng Việt
Number of Downloads

64

Detailed report

Market outlook

Stock market: VN-Index continued to drop to the next support level at 1380 today, down nearly 22 points compared to the previous session. Selling pressure was strong in most sectors, including the trio of Banks, Securities, Steel, Oil & Gas, Fertilizer, etc., while many Real estate stocks hit the floor. Market breadth leaned to the negative side with 17 out of 19 sectors dropping. Regarding the transactions of foreign investors, today they net bought on both HSX and HNX. Today, VN-Index closed at the support level of 1380, however with the current negative sentiment of the market, there is no guarantee that the index will bounce up from this zone.

Future contracts: Futures contracts all decreased in line with the movement of the VN30 index. Investors may consider opening a short-term futures position if VN30 corrects to 1430 points..

Covered warrants: In the trading session on April 20, 2022, warrants continued to decline sharply following the movement of the underlying stock.

Highlights:

VN-Index -21.73 points, closing at 1384.72 points. HNX-Index -12.65 points, closing at 380.04 points.
Pulling the index up: MSN (+1.42), VCB (+0.85), SAB (+0.52), VIC (+0.49), VHC (+0.21).
Pulling the index down: GAS (-3.35), GVR (-2.33), VHM (-2.27), BCM (-0.86), SHB (-0.79).
The matched value of VN-Index reached VND 19.412 billion, down -7.10% compared to the previous session. The total transaction value reached VND 20.512 billion.
The trading range is 25.92 points. The market had 76 advancers, 43 reference stocks and 381 losers.
Foreign investors' net buying value: VND 439.03 billion on HOSE, including GEX (VND 76.18 billion), DPM (VND 75.68 billion), STB (VND 65.08 billion). Foreign investors were net buyers on HNX with the value of VND 20.78 billion.

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