Market outlook
Stock market: After a struggling session, VN-Index officially ended the session surpassing 1300 after many days of unsuccessful conquering. Market breadth tilted to the positive side with 17 out of 19 sectors gaining, in which the strongest gain came from Chemicals and Financial Services sectors. Regarding the transactions of foreign investors, today they net bought on the HSX and a net sold on the HNX. In today's session, the market turned up but the liquidity decreased, so investors should trade carefully. The index might accumulate more at 1300 in the next sessions.
Future contracts: The futures contracts mostly rallied according to the movement of the VN30 index. The current volatility of VN30 is suitable for investors to implement a short-term trading strategy during the session.
Covered warrants: In the trading session on June 8, 2022, warrants increased according to the movement of the underlying stock.
Technical analysis (page 2): GVR _Recovery signal
Highlights:
- VN-Index 15.56 points, closing at 1307.91 points. HNX-Index 6.78 points, closing at 310.93 points.
- Pulling the index up: GVR (+1.87), VPB (+1.57), MBB(+0.98), TCB (+0.95), BID (+0.90).
- Pulling the index down: VCB (-2.08), GAS (-0.52), HPG (-0.33), VHC (-0.26), FPT (-0.14).
- The matched value of VN-Index reached VND 15.677 billion, down 4.76% compared to the previous session. The total transaction value reached VND 17.835 billion.
- The trading range is 30.43 points. The market had 389 advancers, 39 reference stocks and 80 losers.
- Foreign investors' net buying value: VND 153.45 billion on HOSE, including DPM (VND 84.48 billion), MSN (VND 84.02 billion), GAS (VND 65.35 billion). Foreign investors were net sellers on HNX with the value of VND -14.79 billion.