Title 20230228_BSC_Vietnam Daily Review_EN_Market closed in green
Report Type Báo cáo ngày
Source BSC
Bussiness HOSTC
Detail Date : 28/02/2023
Total pages : 3
Language : English
File Type : .PDF
FileSize : 536 Kb
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Short Content

Market outlook  

Stock market: The threshold of 1,030 became the resistance level that VN-Index could not overcome today. The index ended at 1,024.68 points, a slight increase of 3 points compared to yesterday. Market breadth tilted to the positive side with 14 out of 19 sectors gaining, in which Food & Beverage, Personal & Household Goods gained the most. On the other hand, the Retail sector led the decline. Regarding the transactions of foreign investors, today they slightly net sold on the HSX and continued to net buy on the HNX. The downtrend has shown signs of slowing down. In the next trading sessions, BSC expects VN-Index to find a balance in the range of 1,020-1,030.
 
Future contracts: Futures contracts fluctuated with the movement of VN30. VN30F2303 and VN30F2306 decreased in the reverse direction of VN30. It is recommended that investors trade cautiously in the coming sessions.
 
Covered warrants: In the trading session on February 28, 2023, covered warrants fluctuated along with the struggling movement of the underlying stocks.
 
Highlights:
• VN-Index +3.43 points, closing at 1024.68. HNX-Index -0.88 points, closing at 202.38.
• Pulling the index up: VCB (+0.82), MSN (+0.76), VHM (+0.66), VRE (+0.56), SAB (+0.44).
• Pulling the index down: TCB (-0.43), HVN (-0.24), GAS (-0.24), BID (-0.19), MWG (-0.18).
• The matched value of VN-Index reached VND 5,273 billion, decreased -31.84% compared to the previous session. The total transaction value reached VND 6,481 billion.
• The trading range is 15.64 points. The market had 222 advancers, 86 reference stocks, 151 decliners.
• Foreign investors' net selling value: VND -1.35 billion on HOSE, including HPG (-50.47 billion), DXG (-27.88 billion), E1VFVN30 (-19.93 billion). Foreign investors were net buyers on HNX with the value of VND 16.76 billion.