Title 20231024_BSC_Vietnam Daily Review_EN_VN-Index is narrowing its fluctuation range
Report Type Báo cáo ngày
Source BSC
Bussiness HOSTC
Detail Date : 24/10/2023
Total pages : 4
Language : English
File Type : .PDF
FileSize : 283 Kb
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Short Content

Market outlook  

Stock market: The market rebounded right from the opening, but selling pressure at the 1,100 area pushed the index down to 1,090 before rebounding in the afternoon session. At the end of the session, VN-Index closed at 1,105.90 points, up more than 12 points compared to yesterday. Market breadth tilted positively with 17/18 sectors increasing, of which the strongest increase belonged to the Chemical, followed by Construction and materials. Regarding foreign transactions, today they were net sellers on the HSX and net buyers on the HNX. The VN-Index's fluctuation range around the 1,100 threshold is tending to narrow. In the coming sessions, the index may narrow its fluctuation range even more, accumulating to form a short-term bottom.
 
Future contracts: Futures contracts increased according to the movement of VN30. Investors should be cautious in the coming sessions.

Covered warrants: In the trading session on October 24, 2023, covered warrants fluctuated along with the recovery  of the underlying stocks.
 
Highlight: 
• VN-Index +12.37 points, closing at 1105.9. HNX-Index +2.64 points, closing at 228.89.
• Pulling the index up: VCB (+2.1), BID (+1.27), GVR (+0.71), SSB (+0.63), SAB (+0.42).
• Pulling the index down: DCM (-0.13), PDN (-0.05), BCM (-0.05), DPM (-0.04), PVD (-0.04).
• The matched value of VN-Index reached VND 9074 billion, decreased -10.25% compared to the previous session. The total transaction value reached VND 10460 billion.
• The trading range is 18.94 points. The market had 355 advancers, 68 reference stocks, 142 decliners.
• Foreign investors' net selling value: VND -460.13 billion on HOSE, including MWG (-135.49 billion), VHM (-63.69 billion), HPG (-35.83 billion). Foreign investors were net buyers on HNX with the value of VND 5.06 billion.
 
Movement of BSC30 and BSC50:
• BSC30 +1.00%. Positive stocks: IDC (+4.10%), GVR (+3.54%), NLG (+3.53%)
• BSC50 +1.61%. Positive stocks: CTD (+6.87%), DIG (+6.23%), DXG (+4.73%)