Title 20221214_BSC_Vietnam Daily Review_EN_A struggling session
Report Type Báo cáo ngày
Source BSC
Bussiness HOSTC
Detail Date : 14/12/2022
Total pages : 5
Language : English
File Type : .PDF
FileSize : 459 Kb
Download: 82
Download
Vote (You must be logged in to vote)
Short Content

Market outlook  

Stock market: The market continued to accumulate in the 1,030-1,060 zone with the insignificant liquidity. After a struggling day, the index ended at 1,050.43 points, a slight increase of nearly 3 points compared to yesterday. Market breadth tilted to the positive side with 12 out of 19 sectors gaining. Regarding foreign trade, they continued to be a net buyer on the HSX but sold slightly on the HNX, showing that the strong net buying momentum of foreign investors has slowed down. We still assess that after accumulating enough to create a foundation in the range of 1,030-1,060, VN-Index will bounce up and continue the recovery momentum. Today is the last meeting day of the FOMC, and the Fed will announce the final rate hike of 2022 tonight. The VN-Index tomorrow may react to this information. Investors should trade cautiously.

Future contracts: Futures contracts increased while VN30 decreased slightly. It is recommended that investors trade cautiously in the coming sessions.

Covered warrants: In the trading session on December 14, 2022, coverred warrants fluctuated along with the correction of the underlying stocks.

Highlights:
• VN-Index +2.98 points, closing at 1050.43. HNX-Index -0.38 points, closing at 213.21.
• Pulling the index up: GAS (+0.91), VCB (+0.71), EIB (+0.53), GVR (+0.5), STB (+0.33).
• Pulling the index down: VIC (-0.77), MSN (-0.36), CTG (-0.3), VNM (-0.26), FPT (-0.25).
• The matched value of VN-Index reached VND 11,212 billion, decreased -7.42% compared to the previous session. The total transaction value reached VND 13,730 billion.
• The trading range is 15.75 points. The market had 252 advancers, 78 reference stocks, 161 decliners.
• Foreign investors' net buying value: VND 27.3 billion on HOSE, including VHM (77.78 billion), NVL (50.74 billion), HCM (50.01 billion). Foreign investors were net sellers on HNX with the value of VND -4.9 billion.