Title 20230104_BSC_Vietnam Daily Review_EN_VN-Index increased slightly
Report Type Báo cáo ngày
Source BSC
Detail Date : 04/01/2023
Total pages : 5
Language : English
File Type : .PDF
FileSize : 460 Kb
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Short Content

Market outlook  

Stock market: VN-Index today failed to conquer the resistance level of 1,050. The index gained from the opening; however, it bounced down every time it touched 1,050. At the end of the session, the index closed with only a slight increase of 2 points compared to yesterday. Market breadth was quite balanced with 11 out of 19 sectors gaining, in which the Oil & Gas sector increased the most by more than 5%. Regarding the transactions of foreign investors, today they continued being net buyers on both HSX and HNX. VN-Index today formed a Spinning Top candle with below average liquidity, showing the market's hesitation after a big rally. In the next few sessions, the index is likely to continue to test resistance level of 1,050.

Future contracts: Only VN30F2306 increased according to the movement of VN30, the remaining futures contracts moved in the opposite direction. It is recommended that investors trade cautiously in the coming sessions.

Covered warrants: In the trading session on January 4, 2023, coverred warrants fluctuated along with the struggling movement of the underlying stocks.

Highlights:
• VN-Index +2.45 points, closing at 1046.35. HNX-Index +0.5 points, closing at 213.06.
• Pulling the index up: MSN (+1.18), PLX (+0.75), VPB (+0.68), CTG (+0.6), VNM (+0.42).
• Pulling the index down: VIC (-0.77), BID (-0.51), VHM (-0.44), NVL (-0.32), VJC (-0.18).
• The matched value of VN-Index reached VND 9,095 billion, increased 8.75% compared to the previous session. The total transaction value reached VND 10,532 billion.
• The trading range is 11.04 points. The market had 200 advancers, 72 reference stocks, 184 decliners.
• Foreign investors' net buying value: VND 362.41 billion on HOSE, including VPB (95.02 billion), FUEVFVND (38.96 billion), VRE (38.8 billion). Foreign investors were net buyers on HNX with the value of VND 43.42 billion.