Title 20221026_BSC_Vietnam Daily Review_EN_VN-Index continues to struggling
Report Type Báo cáo ngày
Source BSC
Detail Date : 26/10/2022
Total pages : 5
Language : English
File Type : .PDF
FileSize : 458 Kb
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Short Content

Market outlook  

Stock market: Opening with gains, however, VN-Index turned down when it reached the resistance level of 1,000 points. The index went down until bottom fishing appeared at 985 points and pushed the index up to the end of the session at 993.36 points, down slightly 4 points compared to yesterday. Market breadth tilted to the negative side with 7/19 sectors ending in the green, in which Insurance had the best gain today. Regarding the transactions of foreign investors, today they net sold on the HSX and net bought on the HNX. Currently, 1,000 is still the resistance zone of the market; The VN-Index may shake in the 950-1,000 range in the coming sessions.

Future contracts:  All contracts increased slightly due to the weak recovery of VN30. Investors should trade cautiously in the coming sessions.

Covered warrants: In the trading session on October 26, 2022, coverred warrants differentiated along with the struggling movement of the underlying stocks.

Highlights:
• VN-Index -4.34 points, closing at 993.36. HNX-Index -2.07 points, closing at 205.95.
• Pulling the index up: MSN (+1.11), BID (+0.51), GAS (+0.39), EIB (+0.28), BVH (+0.23).
• Pulling the index down: VIC (-1.21), VHM (-1.17), VRE (-0.44), VGC (-0.29), HPG (-0.29).
• The matched value of VN-Index reached VND 5,854 billion, decreased -46.97% compared to the previous session. The total transaction value reached VND 8,049 billion.
• The trading range is 16.84 points. The market had 164 advancers, 94 reference stocks, 256 decliners.
• Foreign investors' net selling value: VND -57.03 billion on HOSE, including VHM (-58.04 billion), CTG (-35.67 billion), KDH (-22.26 billion). Foreign investors were net buyers on HNX with the value of VND 17.52 billion.