Daily Review

20220513_BSC_Vietnam Daily Review_EN_The downtrend continued

Date

13/05/2022
Language

Tiếng Việt
Number of Downloads

66

Detailed report

Market outlook

Stock market: VN-Index continued to maintain its downtrend throughout the day, finally breaking the support level of 1200, ending the session down 56 points compared to yesterday. Market breadth tilted to the negative side with 18 out of 19 sectors dropping. Regarding the transactions of foreign investors, today they net bought on the HSX and slightly net sold on the HNX. The 1200 level is a hard support area of the market, so it is possible that in the second session of next week, VN-Index will have a slight recovery around this level; or else, the index will continue dropping to the next support level at 1150.

Future contracts: Futures contracts all dropped in line with the movement of the VN30 index. Investors should trade cautiously or patiently wait for the next upward accumulation phase to form.

Covered warrants: In the trading session on May 13, 2022, warrants still moved with the downtrend of the underlying stock.

Highlights:

VN-Index -56.07 points, closing at 1182.77 points. HNX-Index -13.13 points, closing at 302.39 points.
Pulling the index up: VJC (+0.16), BHN (+0.03), HRC (+0.03), CSM (+0.02), RIC(+0.02).
Pulling the index down: VCB (-4.73), GAS (-2.68), HPG (-2.60), MSN(-2.51), VPB (-2.30).
The matched value of VN-Index reached VND 18.389 billion, up 31.32% compared to the previous session. The total transaction value reached VND 20.366 billion.
The trading range is 57.20 points. The market had 37 advancers, 20 reference stocks and 436 losers.
Foreign investors' net buying value: VND 567.68 billion on HOSE, including FUEVFVND (VND 587.94 billion), VNM (VND 89.80 billion), CTG (VND 69.16 billion). Foreign investors were net sellers on HNX with the value of VND -3.55 billion.

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