20220506_BSC_Vietnam Daily Review_EN_Red market

Stock market: Just opening the first session of the week, VN-Index threw itself from a height of 1330 points. After a free fall of more than 30 points, the buyers reached out to grab the index. However, selling pressure seemed to make the index too heavy, so the buyers let the VN-Index slip away, helplessly watched it continue to fall to the next support zone around 1280 points, then fell to 1265 before rising to close at 1270. Finally, the VN-Index closed down nearly 60 points compared to the previous session. Market breadth tilted to the negative side with 19 out of 19 sectors dropping, 13/30 stocks in the VN30 group hitting the floor price, and the others falling significantly. Regarding the transactions of foreign investors, today they were net buyers on both HSX and HNX. The current market sentiment is still negative with a long-body red candle; maybe in the coming sessions, the market will drop further to the 1250 zone.

 

Future contracts: Futures contracts all dropped sharply in line with the movement of the VN30 index. Investors should consider selling short-term futures contracts.

 

Covered warrants: In the trading session on May 9, 2022, warrants fell sharply in line with the movement of the underlying stock.

• VN-Index -59.64 points, closing at 1269.62 points. HNX-Index -20.07 points, closing at 323.39 points.

• Pulling the index up: SHI (+0.02), CAV (+0.02), TRA (+0.02), KPF (+0.02), COM (+0.01).

• Pulling the index down: BID (-3.16), VPB (-2.56), TCB (-2.49), GAS(-2.36), CTG (-2.18).

• The matched value of VN-Index reached VND 17.143 billion, up 15.90% compared to the previous session. The total transaction value reached VND 18.768 billion.

• The trading range is 48.98 points. The market had 27 advancers, 12 reference stocks and 445 losers.

• Foreign investors' net buying value: VND 574.89 billion on HOSE, including VHM (VND 94.14 billion), HPG (VND 63.98 billion), GMD (VND 60.59 billion). Foreign investors were net buyers on HNX with the value of VND 15.08 billion.