Title 20230421_BSC_Vietnam Daily Review_EN_VN-Index tested the support of 1040
Report Type Báo cáo ngày
Source BSC
Bussiness HOSTC
Detail Date : 21/04/2023
Total pages : 6
Language : English
File Type : .PDF
FileSize : 576 Kb
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Short Content

Market outlook:  

Stock market: After a struggling day, the VN-Index dropped more than 6 points with low liquidity. The index ended the session at 1,042.91 points. Market breadth tilted to the negative side with 13 out of 19 sectors dropping, in which Retail led the decline. On the other hand, the Financial Services sector had a good gain today. Regarding the transactions of foreign investors, today they were net sellers on both HSX and HNX. Currently, VN-Index has closed below the threshold of 1,045 as well as the short, medium, and long-term moving averages. The index might drop to test support level of 1,040 in short term.

Future contracts: Futures contracts fell in line with the movement of VN30, VN30F2312 moved in the opposite direction. It is recommended that investors trade cautiously in the coming sessions.

Covered warrants: In the trading session on April 21, 2023, covered warrants fluctuated along with the struggling movement of the underlying stocks.

Highlights:
• VN-Index -6.34 points, closing at 1042.91. HNX-Index +0.31 points, closing at 206.92.
• Pulling the index up: DHG (+0.21), SSI (+0.21), SBT (+0.18), VPB (+0.17), PLX (+0.1).
• Pulling the index down: VCB (-0.95), MSN (-0.57), VNM (-0.52), BID (-0.51), VHM (-0.44).
• The matched value of VN-Index reached VND 8,838 billion, increased 56.81% compared to the previous session. The total transaction value reached VND 9675 billion.
• The trading range is 9.14 points. The market had 128 advancers, 55 reference stocks, 247 decliners.
• Foreign investors' net selling value: VND -228.94 billion on HOSE, including SSI (-64.07 billion), VNM (-40.23 billion), NLG (-29.07 billion). Foreign investors were net sellers on HNX with the value of VND -13.58 billion.