Daily Review

20220510_BSC_Vietnam Daily Review_EN_The market recovered again

Date

10/05/2022
Language

Tiếng Việt
Number of Downloads

72

Detailed report

Market outlook

Stock market: Like yesterday, the VN-Index opened with a gap down. However, today's session was different as the buyers rose up and fought for control. After a struggling morning session around 1250-1270, in the afternoon session, the index successfully jumped to close at resistance level of 1290, ending the session up more than 20 points compared to yesterday. Market breadth tilted to the positive side with 18/19 sectors gaining; VN30 group closed with 28 stocks in green. Regarding the transactions of foreign investors, today they continued to net buy on the HSX but slightly net sold on the HNX. After today's strong gaining session, VN-Index may face profit-taking pressure afterwards. In the coming sessions, it is likely that the market will fluctuate around 1270 – 1290.

Future contracts: Futures contracts all increased according to the movement of the VN30 index. Investors should exercise caution in trading futures contracts.

Covered warrants: In the trading session on May 10, 2022, warrants increased according to the closing rhythm of the underlying stock.

Highlights:

VN-Index +23.94 points, closing at 1293.56 points. HNX-Index +6.63 points, closing at 330.02 points.
Pulling the index up: VCB (+2.52), VHM (+2.09), BID (+1.75), VPB (+1.72), GAS (+1.51).
Pulling the index down: DPM (-0.37), PGV (-0.28), DCM (-0.28), OCB(-0.28), VIB (-0.23).
The matched value of VN-Index reached VND 16.097 billion, down 6.10% compared to the previous session. The total transaction value reached VND 17.789 billion.
The trading range is 60.99 points. The market had 280 advancers, 43 reference stocks and 168 losers.
Foreign investors' net buying value: VND 714.70 billion on HOSE, including DGC (VND 105.03 billion), STB (VND 69.52 billion), HPG (VND 62.16 billion). Foreign investors were net sellers on HNX with the value of VND -4.10 billion.

Download