Title 20240724_BSC_Vietnam Daily Review_VN_Bottom-fishing demand appeared at the threshold of 1,220
Report Type Báo cáo ngày
Source BSC
Detail Date : 24/07/2024
Total pages : 0
Language : English
File Type : .PDF
FileSize : 508 Kb
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Short Content

Market outlook
VN-Index continued its inertial decline today to the threshold of 1,220. However, bottom-catching demand here helped the index rise again and close at 1,238.47 points, up nearly 7 points compared to yesterday. Market breadth tilted to the positive side with 14/18 sectors increasing, of which the Chemical increased the most, more than 4%. On the contrary, the Communications continued to lead the decline. Regarding foreign investors, today they were net buyers on both HSX and HNX. The deep correction has shown signs of slowing down, however, bottom-fishing demand is still weak, so investors should trade carefully in the coming sessions.

Futures contracts
Futures contracts all decreased according to the movement of VN30.

Covered warrants
During the trading session on 24/07/2024, warrants fluctuated according to the struggling movement of the underlying stocks.

Highlight
• VN-Index +6.66 points, closing at 1238.47 points. HNX-Index +1.57 points, closing at 236.17 points.
• Pulling the index up: GVR (+2.17), PLX (+0.32), SSB (+0.31), VJC (+0.25), CTR (+0.25).
• Pulling the index down: HVN (-0.49), MWG (-0.38), SSI (-0.34), LPB (-0.33), CTG (-0.26).
• The matched trade value of VN-Index reached VND 16,027 billion, decreased -0.45% compared to the previous session. The total transaction value reached VND 17,827 billion.
• The trading range is 23.75 points. The market had 259 gainers, 69 remaining unchanged, 177 losers.
• Foreign investors' net buying value: VND 248.39 billion on HOSE, including VNM (VND 81.41 billion), HPG (VND 65.29 billion), STB (VND 39.74 billion), HDG (VND 37.49 billion), DBC (VND 36.10 billion). Foreign investors were net buyers on HNX with the value of VND 49.51 billion.

BSC30, BSC50 performance
• BSC30 -0.61%. Positive stocks: POW (+2.33%), DGC (+1.38%), DCM (+1.28%).
• BSC50 +0.21%. Positive stocks: CSV (+5.75%), SIP (+3.71%), GVR (+3.43%).