Title 20230131_BSC_Vietnam Daily Review_EN_A recovery session_DGC_Recovery signal
Report Type Báo cáo ngày
Source BSC
Bussiness HOSTC
Detail Date : 31/01/2023
Total pages : 6
Language : English
File Type : .PDF
FileSize : 701 Kb
Download: 91
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Short Content

 Market outlook  

Stock market: The market maintained its downtrend throughout the morning session before suddenly gained in the afternoon. At the end of the session, VN-Index closed at 1,111.18 points, up nearly 9 points compared to yesterday. Market breadth tilted to the positive side with 12 out of 19 sectors gaining, in which good gainers were Financial Services, Banking, Tourism and Entertainment... Regarding foreign transactions, today they net sold on the HSX and net bought on the HNX. In the coming sessions, the market may bounce back and test the 1,120-1,125 resistance zone. Another notable news is that the FOMC meeting will take place on January 31 and February 1, 2023, the global stock market in general and the Vietnamese stock market in particular may react to the decision to raise interest rates of Fed.
 
Future contracts: Futures contracts increased according to the movement of VN30. It is recommended that investors trade cautiously in the coming sessions.
 
Covered warrants: In the trading session on January 31, 2023, covered warrants fluctuated along with the recovery  of the underlying stocks.
 
Technical Analysis: DGC_Recovery signal
 
Highlights:
• VN-Index +8.61 points, closing at 1111.18. HNX-Index +1.65 points, closing at 222.43.
• Pulling the index up: VCB (+2.38), CTG (+0.91), BID (+0.76), TCB (+0.62), STB (+0.59).
• Pulling the index down: VNM (-1.21), VHM (-0.66), VIC (-0.57), MSN (-0.32), PGV (-0.21).
• The matched value of VN-Index reached VND 11,734 billion, decreased -6.78% compared to the previous session. The total transaction value reached VND 13,601 billion.
• The trading range is 22.93 points. The market had 258 advancers, 63 reference stocks, 149 decliners.
• Foreign investors' net selling value: VND -118.99 billion on HOSE, including VNM (-156.76 billion), ST8 (-79.9 billion), DGC (-63.17 billion). Foreign investors were net buyers on HNX with the value of VND 5.7 billion.