Title 20221202_BSC_Vietnam Daily Review_EN_VN-Index increased strongly
Report Type Báo cáo ngày
Source BSC
Bussiness HOSTC
Detail Date : 02/12/2022
Total pages : 4
Language : English
File Type : .PDF
FileSize : 400 Kb
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Short Content

Market outlook  

Stock market: After yesterday's correction, the market continued to gain strongly today. The VN-Index closed at the highest level 1,080.01, increasing more than 40 points compared to yesterday. Market breadth tilted to the positive side with 18/19 sectors gaining; 30/30 stocks in VN30 group ended the session in green. Regarding the transactions of foreign investors, today they net bought more than VND 2 trillion on the HSX. The market continued to have a strong gaining session with liquidity supporting the index's gain. In the next few sessions, VN-Index is likely to conquer the next resistance zone at 1,105-1,110. Investors can buy stocks at low prices and should be careful of intraday fluctuation.

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

Covered warrants: In the trading session on December 2, 2022, coverred warrants fluctuated along with the uptrend of the underlying stocks.

Highlights:
• VN-Index +43.73 points, closing at 1080.01. HNX-Index +4.96 points, closing at 215.96.
• Pulling the index up: VCB (+5.94), VHM (+4.05), BID (+2.79), VIC (+2.68), GAS (+2.26).
• Pulling the index down: LGC (-0.17), VCF (-0.11), VPI (-0.06), HPX (-0.05), BMP (-0.03).
• The matched value of VN-Index reached VND 16,295 billion, decreased -19.78% compared to the previous session. The total transaction value reached VND 17,924 billion.
• The trading range is 49.2 points. The market had 361 advancers, 59 reference stocks, 92 decliners.
• Foreign investors' net buying value: VND 2168.36 billion on HOSE, including HPG (285.78 billion), VHM (284.57 billion), STB (274.83 billion). Foreign investors were net buyers on HNX with the value of VND 29.51 billion.