Title 20230302_BSC_Vietnam Daily Review_EN_The market dropped with low liquidity_DDV_Positive signal
Report Type Báo cáo ngày
Source BSC
Bussiness HOSTC
Detail Date : 02/03/2023
Total pages : 7
Language : English
File Type : .PDF
FileSize : 1006 Kb
Download: 58
Download
Vote (You must be logged in to vote)
Short Content

Market outlook  

Stock market: The market experienced a struggle today at the resistance at 1,040 with low liquidity. At the end of the session, the index closed at 1,037.61, slightly down by nearly 3 points compared to the previous session. Market breadth skewed to the negative side with 15 out of 19 sectors dropping, of which yesterday's good gainers such as Automobiles and spare parts, Basic Resources, Retail, etc. all faced profit-taking pressure today. Regarding the transactions of foreign investors, today they continued to net sell on the HSX and net buy on the HNX. In the next sessions, the market may continue to find the balance zone around 1,040.

Future contracts: Future contracts decreased following the movement of VN30.  It is recommended that investors trade cautiously in the coming sessions.
 
Covered warrants: In the trading session on March 2, 2023, covered warrants fluctuated along with the struggling movement of the underlying stocks.
 
Highlights:
• VN-Index -2.94 points, closing at 1037.61. HNX-Index -0.69 points, closing at 206.14.
• Pulling the index up: BID (+0.95), VCB (+0.24), PNJ (+0.22), POW (+0.21), HDB (+0.19).
• Pulling the index down: SAB (-0.71), CTG (-0.54), MSN (-0.54), HPG (-0.44), VRE (-0.35).
• The matched value of VN-Index reached VND 5,144 billion, decreased -27.96% compared to the previous session. The total transaction value reached VND 6,363 billion.
• The trading range is 10.73 points. The market had 150 advancers, 62 reference stocks, 235 decliners.
• Foreign investors' net selling value: VND -120.96 billion on HOSE, including VHM (-34.61 billion), VCB (-28 billion), MSN (-22.71 billion). Foreign investors were net buyers on HNX with the value of VND 1.7 billion.