Title 20240308_BSC_Vietnam Daily Review_EN_VN-Index decreased sharply
Report Type Báo cáo ngày
Source BSC
Bussiness HOSTC
Detail Date : 08/03/2024
Total pages : 4
Language : English
File Type : .PDF
FileSize : 277 Kb
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Short Content

Market outlook  

Stock market: Selling pressure appeared right from the beginning of the morning session, pushing VN-Index down to close at 1,247.35 points, down more than 21 points compared to yesterday. Market breadth tilted to the negative side with 16/18 sectors decreasing, in which the Banking led the decline, followed by Basic Resources, Oil and Gas,... Regarding foreign investors, today they were net sellers on the HSX and net buyers on the HNX. VN-Index fell to the resistance area of 1,245 - 1,250. If the bottom-fishing cash flow does not appear in this area, in the coming sessions the index may further decrease to the 1,230 threshold..
 
Futures contracts: Future contracts decrease following the movement of VN30. It is recommended that investors trade cautiously during the session.
 
Covered warrants: In the trading session on March 8, 2024, covered warrants fluctuated along with the correction of the underlying stocks.
 
Highlight: 
• VN-Index -21.11 points, closing at 1247.35. HNX-Index -1.04 points, closing at 236.32.
• Pulling the index up: NAB (+0.28), HVN (+0.17), DCM (+0.15), DGW (+0.1), BCM (+0.08).
• Pulling the index down: BID (-3), CTG (-1.68), TCB (-1.36), VNM (-1.02), MBB (-1.01).
• The matched value of VN-Index reached VND 31520 billion, increased 33.93% compared to the previous session. The total transaction value reached VND 32503 billion.
• The trading range is 29.32 points. The market had 89 advancers, 55 reference stocks, 408 decliners.
• Foreign investors' net selling value: VND -665.7 billion on HOSE, including VNM(-126.5 billion), VPB(-106.1 billion), KBC(-80.2 billion). Foreign investors were net buyers on HNX with the value of VND 49.12 billion.

Movement of BSC30 and BSC50:
• BSC30 -1.56%. Positive stocks: DGW (+3.97%), DCM (+3.16%), IDC (+0.70%)
• BSC50 -0.90%. Positive stocks: DRC (+5.70%), HDG (+2.82%), IJC (+2.67%)