Title 20221110_BSC_Vietnam Daily Review_EN_VN-Index dropped sharply
Report Type Báo cáo ngày
Source BSC
Detail Date : 10/11/2022
Total pages : 4
Language : English
File Type : .PDF
FileSize : 400 Kb
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Short Content

Market outlook  

Stock market: VN-Index dropped strongly today. The downtrend lasted from the morning session to the afternoon session. Market breadth tilted to the negative side with all 19 sectors falling. Regarding the transactions of foreign investors, they were net buyers on both HSX and HNX. Market liquidity remained at the average level of 20 sessions. VN-Index returned to the support level of 950 points and may retest this support in the next trading sessions. BSC recommended investors maintain the current cash proportion of the portfolio and wait for more positive signals of the market.

Future contracts: All Contracts decreased according to VN30 movement. Investors are recommended to trade short-term in the direction of selling during the session.

Covered warrants: Investors are recommended to trade short-term in the direction of selling during the session.

Highlights:
• VN-Index -38.35 points, closing at 947.24. HNX-Index -9 points, closing at 192.39.
• Pulling the index up: LGC (+0.15), PDN (+0.04), SHI (+0.02), CKG (+0.01), BTT (+0.01).
• Pulling the index down: MSN (-2.06), CTG (-1.97), VPB (-1.95), BID (-1.82), NVL (-1.58).
• The matched value of VN-Index reached VND 9,364 billion, increased 21.15% compared to the previous session. The total transaction value reached VND 10,832 billion.
• The trading range is 40.53 points. The market had 21 advancers, 38 reference stocks, 447 decliners.
• Foreign investors' net buying value: VND 16.77 billion on HOSE, including KBC (34.65 billion), VHC (31.22 billion), DPM (30.71 billion). Foreign investors were net buyers on HNX with the value of VND 42.05 billion.