Title 20221201_BSC_Vietnam Daily Review_EN_Ending 5 consecutive gaining sessions
Report Type Báo cáo ngày
Source BSC
Bussiness HOSTC
Detail Date : 01/12/2022
Total pages : 4
Language : English
File Type : .PDF
FileSize : 400 Kb
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Short Content

 Market outlook  

Stock market: After a period of strong recovery, today VN-Index corrected. The index opened gaining but stopped when it met the resistance level of 1,060. VN-Index struggled here before turning down and ending the session at 1,036.28 points, down more than 12 points compared to the previous session. 12/19 sectors dropped. Although there were more gainers than losers, the pressure from large-cap stocks prevented the index from ending the session in the green. Regarding the transactions of foreign investors, today they continued to be net buyers of more than one trillion on the HSX. VN-Index today decreased with a significant increase in liquidity, showing large profit-taking pressure after the previous rally. In the short term, the index might have struggling sessions in the range of 1,030-1,040. If it falls out of this support zone, the index may drop to the next support level of 1,000 points.

Future contracts: Futures contracts fluctuated opposite to the VN30 movement. It is recommended that investors trade short-term during the session.

Covered warrants: In the trading session on December 1, 2022, coverred warrants fluctuated along with the correction of the underlying stocks.

Highlights:
• VN-Index -12.14 points, closing at 1036.28. HNX-Index +2.21 points, closing at 211.
• Pulling the index up: TCB (+1.32), GVR (+0.6), PLX (+0.49), MBB (+0.46), SHB (+0.37).
• Pulling the index down: VIC (-3.45), BID (-2.67), GAS (-1.78), CTG (-1.33), VCB (-1.19).
• The matched value of VN-Index reached VND 20,314 billion, increased 41.6% compared to the previous session. The total transaction value reached VND 21,831 billion.
• The trading range is 30.66 points. The market had 281 advancers, 75 reference stocks, 166 decliners.
• Foreign investors' net buying value: VND 1016.51 billion on HOSE, including VHM (211.15 billion), STB (145.69 billion), MSN (105.83 billion). Foreign investors were net buyers on HNX with the value of VND 32.08 billion.