Title 20220909_BSC_Vietnam Daily Review_EN_Strong rise at the end of the session
Report Type Báo cáo ngày
Source BSC
Detail Date : 09/09/2022
Total pages : 5
Language : English
File Type : .PDF
FileSize : 460 Kb
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Short Content

 Market outlook  

Stock market: Opening with a positive gap; however, VN-Index showed weakness throughout the day as it gradually narrowed its uptrend. Near the end of the afternoon session, suddenly the index bounced strongly, gaining more than 14 points compared to yesterday. Market breadth tilted to the positive side with 18 out of 19 sectors gaining. Regarding the transactions of foreign investors, today they net bought on the HSX and net sold on the HNX. The index is returning to the neckline of the Head and Shoulders pattern, around 1,250. The candle with a long lower shadow showed that buyers supported the index's uptrend. The current resistance area the index is facing is 1,250-1,260. If it can't overcome this level, it will drop to the zone of 1,220-1,230.
 
Future contracts: Futures contracts all increased in line with the recovery of VN30. Investors should consider short-term trading in term of long order next week.
 
Covered warrants: In the trading session on September 9, 2022, warrants differentiated along with the movement of the underlying stocks.
 
Highlights:
• VN-Index +14.18 points, closing at 1248.78. HNX-Index +2.48 points, closing at 284.63.
• Pulling the index up: VIC (+1.45), GAS (+1.07), HPG (+1.03), VCB (+0.96), VPB (+0.69).
• Pulling the index down: HVN (-0.17), NVL (-0.15), MBB (-0.1), PDR (-0.09), STB (-0.07).
• The matched value of VN-Index reached VND 12,595 billion, decreased -1.01% compared to the previous session. The total transaction value reached VND 13,800 billion.
• The trading range is 20.24 points. The market had 281 advancers, 82 reference stocks, 176 decliners.
• Foreign investors' net buying value: VND 178.09 billion on HOSE, including HPG (140.72 billion), VIC (43.32 billion), VND (25.86 billion). Foreign investors were net sellers on HNX with the value of VND -2.05 billion.