Title 20230517_BSC_Vietnam Daily Review_EN_Selling pressure increases
Report Type Báo cáo ngày
Source BSC
Bussiness HOSTC
Detail Date : 17/05/2023
Total pages : 6
Language : English
File Type : .PDF
FileSize : 612 Kb
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Short Content

Market outlook:  

Stock market: After struggling around 1,065, VN-Index dropped at the end of the session and closed at 1,060.44 points, a difference of -5.47 points compared to yesterday. Market breadth skewed to the negative side with 14 out of 19 sectors dropping, in which Financial Services sector dropped the most; Oil and Gas sector which gained well yesterday also dropped today. Regarding the transactions of foreign investors, today they were net buyers on both HSX and HNX. In the coming sessions, VN-Index is likely to continue to experience struggling sessions in the range of 1,060 ± 5 points.

Future contracts: Futures contracts decrease 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 May 17, 2023, covered warrants fluctuated along with the correction of the underlying stocks.

Highlights:
• VN-Index -5.47 points, closing at 1060.44. HNX-Index -1.76 points, closing at 212.86.
• Pulling the index up: VHM (+1.31), VIC (+0.29), VCB (+0.24), VJC (+0.11), TCH (+0.09).
• Pulling the index down: VPB (-0.68), CTG (-0.54), TCB (-0.48), MBB (-0.4), VNM (-0.37).
• The matched value of VN-Index reached VND 11,644 billion, increased 20.81% compared to the previous session. The total transaction value reached VND 13,273 billion.
• The trading range is 9.51 points. The market had 141 advancers, 49 reference stocks, 246 decliners.
• Foreign investors' net buying value: VND 102.76 billion on HOSE, including HPG (215.43 billion), VHM (74.53 billion), POW (34.29 billion). Foreign investors were net buyers on HNX with the value of VND 13.6 billion.