Title 20221220_BSC_Vietnam Daily Review_EN_VN-Index decreased more than 15 points
Report Type Báo cáo ngày
Source BSC
Bussiness HOSTC
Detail Date : 20/12/2022
Total pages : 5
Language : English
File Type : .PDF
FileSize : 460 Kb
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Short Content
Market outlook  
Stock market: The VN-Index maintained its downward momentum throughout the day before suddenly turning around, narrowing the drop from nearly 30 points to more than 15 points. At the end of the session, VN-Index closed at 1,023.13 points. Market breadth skewed to the negative side with 14 out of 19 sectors dropping, of which Basic Resources had the biggest drop, followed by Financial Services, Chemicals, Automobiles and Spare Parts… Regarding transactions of foreign investors, today they net bought nearly VND 2,000 billion. Recently, VN-Index has fallen out of the range of 1,030 - 1,060, but the candle with a long lower shadow showed that bottom-fishing force appeared around 1,010. In the coming sessions, the market may have struggling sessions in the range of 1,010 – 1,030 or drop further and bounce back at 1,000.

Future contracts: Futures contracts decreased according to the movement of VN30. It is recommended that investors trade cautiously during the session.

Covered warrants: In the trading session on December 20, 2022, coverred warrants fluctuated along with the downtrend of the underlying stocks.

Highlights:
• VN-Index -15.27 points, closing at 1023.13. HNX-Index -4.71 points, closing at 207.53.
• Pulling the index up: VNM (+0.89), CTG (+0.54), HVN (+0.39), EIB (+0.19), DPM (+0.12).
• Pulling the index down: HPG (-1.46), TCB (-1.37), VPB (-1.1), GVR (-1), VRE (-0.91).
• The matched value of VN-Index reached VND 14,862 billion, increased 4.37% compared to the previous session. The total transaction value reached VND 17,466 billion.
• The trading range is 28.66 points. The market had 79 advancers, 47 reference stocks, 362 decliners.
• Foreign investors' net buying value: VND 1852.07 billion on HOSE, including VPD (780.58 billion), HPG (123.38 billion), STB (119.65 billion). Foreign investors were net buyers on HNX with the value of VND 38.85 billion.