Title | 20220729_BSC_Vietnam Daily Review_EN_Moving around 1200 points |
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Report Type | Báo cáo ngày |
Source | BSC |
Bussiness | HOSTC |
Detail |
Date : 29/07/2022 Total pages : 5 Language : English File Type : .PDF FileSize : 460 Kb Download: 95 Download |
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Short Content |
Market outlook Stock market: Following the gain of the previous day, the market opened with green color covering the market. The uptrend lasted but reversed strongly at the end of the session when selling pressure broke the buying force in the market. Market breadth was negative with losers outnumbering gainers. The market had 9/19 sectors gaining points with the spearhead came from Insurance and Communication sectors. Liquidity exceeded the average trading threshold of VND 10,000 billion, showing that the cash flow is returning to the market when the news of Q2 business results creates a positive psychological effect on investors. Foreign investors were net sellers on the HSX and net buyers on the HNX. VN-Index is expected to maintain its trading trend in the range of 1200-1250 points in the next trading sessions. Future contracts: The futures contracts mostly dropped according to the movement of the VN30 index. It is recommended that investors consider long futures contracts in the coming sessions.
Covered warrants: In the trading session on July 29, 2022, warrants decreased according to the movement of the underlying stock.
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