Title 20220811_BSC_Vietnam Daily Review_EN_A sudden correction of VN-Index
Report Type Báo cáo ngày
Source BSC
Detail Date : 11/08/2022
Total pages : 5
Language : English
File Type : .PDF
FileSize : 459 Kb
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Short Content

 Market outlook  

Stock market: Despite the positive news about the easing of US inflation, the Vietnamese stock market still had a declining session. The uptrend was maintained throughout the morning session but started to weaken and reversed in the middle of the afternoon session. The market is having narrow trading sessions when the selling and buying forces are struggling in the market. Liquidity increased in recent sessions, showing signs that investors' activities are becoming more active. VN-Index is still waiting for some more favorable information on credit growth or Decree 153 (Corporate Bonds) to create a breakthrough to the 1280-1300 range.
 
Future contracts: Futures contracts dropped in line with VN30's correction, only VN30F2212 moved in the opposite direction. Investors should trade cautiously in the next trading session.
 
Covered warrants: In the trading session on August 11, 2022, warrants struggled to follow the correction of the underlying stock.
 
Highlights:
• VN-Index -4.43 points, closing at 1252.07. HNX-Index -3.36 points, closing at 300.18.
• Pulling the index up: VCB (+1.2), GAS (+1.03), VIC (+0.97), MSN (+0.36), VGC (+0.36).
• Pulling the index down: NVL (-0.91), VNM (-0.72), HPG (-0.57), VPB (-0.55), MBB (-0.37).
• The matched value of VN-Index reached VND 17,257 billion, increased 35.96% compared to the previous session. The total transaction value reached VND 18,777 billion.
• The trading range is 22.18 points. The market had 136 advancers, 78 reference stocks, 319 decliners.
• Foreign investors' net buying value: VND 74.43 billion on HOSE, including SSI (67.72 billion), HDB (47.61 billion), VND (46.96 billion). Foreign investors were net buyers on HNX with the value of VND 55.47 billion.