Title 20240318_BSC_Vietnam Daily Review_EN_VN-Index decreased sharply
Report Type Báo cáo ngày
Source BSC
Bussiness HOSTC
Detail Date : 18/03/2024
Total pages : 4
Language : English
File Type : .PDF
FileSize : 283 Kb
Download: 35
Download
Vote (You must be logged in to vote)
Short Content

Market outlook  

Stock market: Selling pressure appeared right from the beginning of the morning session and pushed VN-Index down to the threshold of 1,220. However, bottom-catching force appeared here and brought the index back to close at 1,243.56 points, down more than 20 points compared to the previous session. Market breadth tilted to the negative side with 16/18 sectors decreasing, of which the Chemical adjusted the strongest, more than 5% after the previous good increase. Regarding foreign investors, today they net sold nearly 1,000 billion VND on the HSX and slightly net bought on the HNX. The market today had a strong correction in response to negative information. In the coming sessions, VN-Index may trade in the range of 1,220 - 1,245. Investors can utlize this correction to restructure the portfolios.

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 18, 2024, covered warrants fluctuated along with the correction of the underlying stocks.

Highlight: 
• VN-Index -20.22 points, closing at 1243.56. HNX-Index -2.86 points, closing at 236.68.
• Pulling the index up: VIC (+1.68), VRE (+1.09), DIG (+0.32), EIB (+0.25), DHG (+0.23).
• Pulling the index down: GVR (-1.92), CTG (-1.86), VCB (-1.37), GAS (-1.17), TCB (-1.11).
• The matched value of VN-Index reached VND 40276 billion, increased 54.67% compared to the previous session. The total transaction value reached VND 43129 billion.
• The trading range is 48.23 points. The market had 103 advancers, 49 reference stocks, 407 decliners.
• Foreign investors' net selling value: VND -947.2 billion on HOSE, including FUEVFVND(-852.83 billion), VHM(-184.54 billion), DGC(-142.98 billion). Foreign investors were net buyers on HNX with the value of VND 56.49 billion.

Movement of BSC30 and BSC50:
• BSC30 -2.41%. Positive stocks: KDH (+0.00%), VHC (-0.13%), BID (-0.38%)
• BSC50 -1.95%. Positive stocks: VRE (+6.99%), DIG (+6.84%), DXG (+3.83%)