Title 20240108_BSC_Vietnam Daily Review_EN_The market continued to maintain upward momentum
Report Type Báo cáo ngày
Source BSC
Bussiness HOSTC
Detail Date : 08/01/2024
Total pages : 4
Language : English
File Type : .PDF
FileSize : 281 Kb
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Short Content

Market outlook  

Stock market: VN-Index increased to 1,160 as soon as it opened in the morning and struggled around this threshold all day today. At the end of the session, the index closed at 1,160.19 points, up more than 5 points compared to yesterday. Market breadth was quite balanced with 6/19 sectors increasing, of which the strongest increase belonged to the Construction and materials, followed by the Banking. On the contrary, the Retail dropped sharply after the previous gaining session. Regarding foreign transactions, today they were net sellers on both HSX and HNX. The market showed a struggle as it approached the resistance level of 1,160. VN-Index may experience a few shaky sessions here.
 
Futures contracts: Futures contracts increase following the movement of VN30. It is recommended that investors trade cautiously during the session.
 
Covered warrants: In the trading session on January 8, 2024, covered warrants fluctuated along with the uptrend of the underlying stocks.
 
Highlight: 
• VN-Index +5.51 points, closing at 1160.19. HNX-Index +0.57 points, closing at 233.33.
• Pulling the index up: BID (+2.78), VCB (+0.83), TCB (+0.8), CTG (+0.74), VHM (+0.27).
• Pulling the index down: MSN (-0.45), VNM (-0.3), GVR (-0.29), MWG (-0.23), GAS (-0.23).
• The matched value of VN-Index reached VND 17129 billion, increased 11.26% compared to the previous session. The total transaction value reached VND 19201 billion.
• The trading range is 7.08 points. The market had 273 advancers, 79 reference stocks, 234 decliners.
• Foreign investors' net selling value: VND -249.29 billion on HOSE, including FUEVFVND(-181.52 billion), MSN(-58.75 billion), KBC(-52.49 billion). Foreign investors were net sellers on HNX with the value of VND -3.32 billion.
 
Movement of BSC30 and BSC50:
• BSC30 +0.27%. Positive stocks: BID (+4.27%), TCB (+2.71%), NLG (+2.28%)
• BSC50 +0.35%. Positive stocks: CII (+6.73%), HT1 (+2.81%), NVL (+2.67%)