Market outlook
Stock market: VN-Index rebounded more than 13 points at the beginning of today session only to plunge from a height of 1360. After falling freely to 1330, the buying force extended their arms to take the index, and pushed it back to resistance zone of 1360 points at the end of the session. Large-cap stocks led the way for the index to gain with 23/30 stocks in the VN30 group ending the session in the green. However, the cash flow only focused on a few stocks belonging to particular sectors, causing the market breadth to tilt to the negative side. 9/19 sectors gained in today's session. Regarding the transactions of foreign investors, today they net bought on the HSX and net sold on the HNX. The VN-Index chart has appeared a "hanging-man" candle at the resistance area of 1360, so investors should be careful in the next trading sessions.
Future contracts: VN30F2212 moved in contrast to the VN30 index, the remaining futures contracts all increased. Investors should be cautious in trading in the next session.
Covered warrants: In the trading session on May 5, 2022, warrants struggled to follow the movement of the underlying stock.
Highlights:
• VN-Index +12.00 points, closing at 1360.68 points. HNX-Index -2.22 points, closing at 358.75 points.
• Pulling the index up: VHM (+4.97), MSN (+2.19), VCB (+1.32), BID (+1.23), CTG (+1.11).
• Pulling the index down: DIG (-0.34), PLX (-0.33), VND (-0.29), VPB (-0.28), SSI (-0.24).
• The matched value of VN-Index reached VND 14.430 billion, up +6.97% compared to the previous session. The total transaction value reached VND 15.361 billion.
• The trading range is 30.77 points. The market had 160 advancers, 48 reference stocks and 272 losers.
• Foreign investors' net buying value: VND 305.89 billion on HOSE, including NLG (VND 155.12 billion), VHM (VND 82.97 billion), CTG (VND 70.25 billion). Foreign investors were net sellers on HNX with the value of VND -8.46 billion.