Tiêu đề 20240311_BSC_Vietnam Daily Review_EN_VN-Index continued to decline sharply
Loại báo cáo Báo cáo ngày
Nguồn BSC
Doanh nghiệp HOSTC
Chi tiết Ngày : 11/03/2024
Số trang : 4
Ngôn ngữ : English
Dạng tệp : .PDF
Kích thước : 278 Kb
Tải về: 34
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Market outlook  

Stock market: Cautionary sentiment enveloped the market in the morning session as VN-Index oscillated around the reference level. In the afternoon session, selling pressure appeared, causing the index to plunge as the market received the news of the central bank issuing bills. VN-Index closed at 1,235.49 points, down 11.86 points compared to the previous trading session. The market breadth tilted towards the negative side with 14/18 sectors losing points. Among them, Oil and Gas and Insurance were the two sectors with the strongest decline. Regarding the foreign transactions, today this group net bought on HSX and net sold on HNX. Market liquidity decreased compared to the previous trading session. VN-Index has been undergoing a clear correction since the beginning of the year, and the recent two trading sessions have reflected some negative information. The decline of the general market was not large and the index could bounce back after touching SMA20. However, BSC did not rule out the possibility of the market continuing to weaken to create a short-term bottom at 1,210 - 1,220 points in the next few sessions.
 
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 11, 2024, covered warrants fluctuated along with the correction of the underlying stocks.
 
Highlight: 
• VN-Index -11.86 points, closing at 1235.49. HNX-Index -2.48 points, closing at 233.84.
• Pulling the index up: GVR (+0.56), FRT (+0.3), CTR (+0.22), PNJ (+0.21), VNM (+0.16).
• Pulling the index down: VCB (-1.37), GAS (-0.95), VPB (-0.86), BID (-0.84), MBB (-0.82).
• The matched value of VN-Index reached VND 22547 billion, decreased -28.47% compared to the previous session. The total transaction value reached VND 23858 billion.
• The trading range is 20.52 points. The market had 106 advancers, 57 reference stocks, 392 decliners.
• Foreign investors' net buying value: VND 248.82 billion on HOSE, including FRT(97.22 billion), EIB(65.9 billion), FTS(62.69 billion). Foreign investors were net sellers on HNX with the value of VND -151.86 billion.

Movement of BSC30 and BSC50:
• BSC30 -0.82%. Positive stocks: CTR (+6.94%), PNJ (+2.59%), VNM (+0.43%)
• BSC50 -0.40%. Positive stocks: FRT (+5.82%), PHR (+4.63%), DBC (+4.08%)