Title 20230524_BSC_Vietnam Daily Review_EN_The green has not returned to the market
Report Type Báo cáo ngày
Source BSC
Bussiness HOSTC
Detail Date : 24/05/2023
Total pages : 6
Language : English
File Type : .PDF
FileSize : 613 Kb
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Short Content

Market outlook:  

Stock market: The market continued to accumulate in the range of 1,060-1,070 and ended the session at 1,061.79 points, a slight decrease of 4 points compared to yesterday. Market breadth tilted to the negative side with 15 out of 19 sectors dropping, in which sectors such as Basic Resources, Chemicals, Retail, Banking did not have a positive session. In the opposite direction, the Real estate and Financial services sectors increased well, responding to the SBV's decision to lower the operating interest rate. Regarding the transactions of foreign investors, today they net sold on the HSX and slightly net bought on the HNX. The market is expected to bounce up in the short term after accumulating enough.

Future contracts: Futures contracts decrease according to the movement of VN30. It is recommended that investors trade cautiously in the coming sessions.

Covered warrants: In the trading session on May 24, 2023, covered warrants fluctuated along with the struggling movement of the underlying stocks.

Highlights:
• VN-Index -4.06 points, closing at 1061.79. HNX-Index +0.17 points, closing at 215.96.
• Pulling the index up: VHM (+0.87), MSN (+0.5), BSI (+0.09), FTS (+0.08), BCM (+0.08).
• Pulling the index down: HPG (-0.58), TCB (-0.48), BID (-0.44), VNM (-0.37), GAS (-0.34).
• The matched value of VN-Index reached VND 11,357 billion, decreased -4.1% compared to the previous session. The total transaction value reached VND 13,768 billion.
• The trading range is 9.01 points. The market had 168 advancers, 55 reference stocks, 215 decliners.
• Foreign investors' net selling value: VND -569.86 billion on HOSE, including HPG (-133.61 billion), VNM (-95.19 billion), VND (-78.06 billion). Foreign investors were net buyers on HNX with the value of VND 14.3 billion.