Title 20230207_BSC_Vietnam Daily Review_EN_VN-Index decreased more than 23 points
Report Type Báo cáo ngày
Source BSC
Bussiness HOSTC
Detail Date : 07/02/2023
Total pages : 6
Language : English
File Type : .PDF
FileSize : 470 Kb
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Short Content

Market outlook  

Stock market: The market opened with gains. When meeting the resistance level of 1,190, it was pushed down by the selling force and closed at 1,065.84, down more than 23 points compared to yesterday. Market breadth was skewed to the negative side with 15 out of 19 sectors dropping, in which the major decliners were Basic Resources and Chemicals. Regarding the transactions of foreign investors, today they slightly net bought on the HSX and a net sold on the HNX. The recent strong dropping sessions were all with large volume, showing that the market sentiment has been quite negative. In the short term, the index may follow the inertia to continue falling. BSC expects VN-Index will bounce up when it meets the support area of 1,050-1,060.
 
Future contracts: Futures contracts decrease according to the movement of VN30. It is recommended that investors trade cautiously in the coming sessions.
 
Covered warrants: In the trading session on February 7, 2023, covered warrants increased along with the downtrend of the underlying stocks.
 
Highlights:
• VN-Index -23.45 points, closing at 1065.84. HNX-Index -4.47 points, closing at 210.
• Pulling the index up: HVN (+0.28), GAS (+0.14), TPB (+0.12), FRT (+0.09), PLX (+0.07).
• Pulling the index down: VCB (-4.75), HPG (-2.04), BID (-1.52), VHM (-1.26), VIC (-0.96).
• The matched value of VN-Index reached VND 10,021 billion, increased 37.84% compared to the previous session. The total transaction value reached VND 12168 billion.
• The trading range is 26.94 points. The market had 77 advancers, 52 reference stocks, 342 decliners.
• Foreign investors' net buying value: VND 34.94 billion on HOSE, including STB (175.71 billion), CTG (34.9 billion), E1VFVN30 (34.84 billion). Foreign investors were net sellers on HNX with the value of VND -9.14 billion.