Title 20230314_BSC_Vietnam Daily Review_EN_The market traded in red
Report Type Báo cáo ngày
Source BSC
Detail Date : 14/03/2023
Total pages : 6
Language : English
File Type : .PDF
FileSize : 543 Kb
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Short Content

Market outlook:  

Stock market: The market fell as soon as it opened. After going down to touch support around 1,035, VN-Index bounced up and ended the session at 1,040.13 points, down nearly 13 points compared to yesterday. Market breadth was skewed to the negative side with 16 out of 19 sectors dropping, in which sectors like Oil and Gas, Basic Resources, Chemicals, etc. led the decline. Regarding the transactions of foreign investors, today they continued to be net buyers on both HSX and HNX. The market is in a correction phase after the previous rally. Although it dropped today, but VN-Index rebounded when touching SMA100. In the next few sessions, BSC expects the index to successfully test SMA100 and recover again, heading to the resistance level of 1,060.
 
Future contracts: Futures contracts decreased in line with the movement of VN30. It is recommended that investors trade cautiously in the coming sessions.
 
Covered warrants: In the trading session on March 14, 2023, covered warrants fluctuated along with the struggling movement of the underlying stocks.
 
Highlights:
• VN-Index -12.67 points, closing at 1040.13. HNX-Index -3.3 points, closing at 202.55.
• Pulling the index up: SAB (+0.48), VJC (+0.14), HVN (+0.08), KDC (+0.07), PNJ (+0.04).
• Pulling the index down: BID (-1.52), HPG (-1.17), GVR (-0.65), VCB (-0.59), TCB (-0.4).
• The matched value of VN-Index reached VND 9,158 billion, increased 3.46% compared to the previous session. The total transaction value reached VND 10,447 billion.
• The trading range is 18.08 points. The market had 56 advancers, 40 reference stocks, 365 decliners.
• Foreign investors' net buying value: VND 384.98 billion on HOSE, including VHM (69.26 billion), SSI (60.75 billion), HSG (60.55 billion). Foreign investors were net buyers on HNX with the value of VND 13.49 billion.