Title 20240131_BSC_Vietnam Daily Review_EN_VN-Index decreased over 15 points
Report Type Báo cáo ngày
Source BSC
Bussiness HOSTC
Detail Date : 31/01/2024
Total pages : 4
Language : English
File Type : .PDF
FileSize : 283 Kb
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Short Content

Market outlook  

Stock market: The VN-Index declined right from the opening bell. It dropped 1.3% throughout today and closed at 1,164.31 points. The market breadth leaned towards negativity, with 15 out of 18 sectors experiencing losses. Among these, the banking sector led the decline. Conversely, the financial services sector had a positive trading session. Regarding foreign trading activity, today saw net buying on the HSX (Ho Chi Minh City Stock Exchange) and net selling on the HNX (Hanoi Stock Exchange). The market witnessed a sudden surge in liquidity during the sharp decline today, which poses risks. Investors should also pay attention to the ETF restructuring on February 2nd, the last day for ETFs to complete their portfolio adjustments based on the new criteria announced by Hose (Ho Chi Minh Stock Exchange). In the upcoming trading sessions, if buying pressure is not strong enough in the range of 1,160 – 1,165, the VN-Index may continue to decrease towards the support level of 1,150.
 
Futures contracts: Futures contracts decreased following the movement of VN30. It is recommended that investors trade cautiously during the session.
 
Covered warrants:  In the trading session on January 31, 2024, covered warrants fluctuated along with the correction of the underlying stocks.
 
Highlight: 
• VN-Index -15.34 points, closing at 1164.31. HNX-Index -1.49 points, closing at 229.18.
• Pulling the index up: FTS (+0.14), NVL (+0.12), VCI (+0.09), SCS (+0.09), SSI (+0.09).
• Pulling the index down: VCB (-3.4), BID (-1.05), CTG (-0.79), SHB (-0.6), MSN (-0.59).
• The matched value of VN-Index reached VND 21281 billion, increased 73.69% compared to the previous session. The total transaction value reached VND 23315 billion.
• The trading range is 19.4 points. The market had 101 advancers, 62 reference stocks, 393 decliners.
• Foreign investors' net buying value: VND 121.42 billion on HOSE, including SSI(0.19 billion), HPG(0.11 billion), AAA(0.09 billion). Foreign investors were net sellers on HNX with the value of VND -1.26 billion.
 
Movement of BSC30 and BSC50:
• BSC30 -1.46%. Positive stocks: VNM (+0.15%), PNJ (+0.11%), FPT (+0.10%)
• BSC50 -1.02%. Positive stocks: PLC (+1.94%), NVL (+1.52%), LCG (+0.82%)