Title 20221207_BSC_Vietnam Daily Review_EN_A struggling session
Report Type Báo cáo ngày
Source BSC
Bussiness HOSTC
Detail Date : 07/12/2022
Total pages : 5
Language : English
File Type : .PDF
FileSize : 459 Kb
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Short Content

Market outlook  

Stock market: Today, the market had a struggling session at the support level of 1,040. At the end of the session, VN-Index dropped more than 7 points compared to yesterday. Market breadth tilted to the negative side with 16 out of 19 sectors dropping. The Real Estate and Retail sectors dropped sharply yesterday, but today unexpectedly ended the session in the green. These two sectors increased mainly thanks to large-cap stocks such as VIC (received positive information from the IPO of Vinfast) and MWG, while other stocks in these two sectors had huge divergences. Regarding the transactions of foreign investors, today they continued to be net buyers of more than VND 1,000 billion on the HSX. In the coming sessions, the VN-Index may have struggling sessions in the range of 1,030 – 1,050.

Future contracts: VN30F2303 and VN30F2306 decreased according to the movement of VN30; The rest of contracts fluctuated in the opposite direction. Investors are recommended to trade during the session.

Covered warrants: In the trading session on December 7, 2022, coverred warrants fluctuated along with the struggling movement of the underlying stocks.

Highlights:
• VN-Index -7.67 points, closing at 1041.02. HNX-Index -2.87 points, closing at 209.93.
• Pulling the index up: VIC (+4.4), VHM (+0.55), CTG (+0.42), MWG (+0.18), FPT (+0.14).
• Pulling the index down: VCB (-1.78), GAS (-1.3), VPB (-1.19), MSN (-0.72), NVL (-0.69).
• The matched value of VN-Index reached VND 12,761 billion, decreased -41.27% compared to the previous session. The total transaction value reached VND 14,044 billion.
• The trading range is 24.87 points. The market had 101 advancers, 46 reference stocks, 360 decliners.
• Foreign investors' net buying value: VND 1002.79 billion on HOSE, including VIC (297.66 billion), VHM (119.11 billion), STB (83.02 billion). Foreign investors were net buyers on HNX with the value of VND 26.78 billion.