Title 20231208_BSC_Vietnam Daily Review_EN_Vnindex is approaching the resistance 1125 points
Report Type Báo cáo ngày
Source BSC
Detail Date : 08/12/2023
Total pages : 4
Language : English
File Type : .PDF
FileSize : 282 Kb
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Short Content

Market outlook  

Stock market: Today, VN-Index had a slight increase after yesterday's correction. At the end of the session, VN-Index reached 1,124.44 points, increasing 2.95 points, equivalent to an increase of 0.26%. Market breadth was in a fairly balanced state with 9/18 industries increasing, of which Retail (+2.88%), Oil and Gas (+1.28%) were gradually increasing. Regarding to foreign transactions, they sold strongly on the HSX (-452.50 billion) and bought slightly on the HNX (+16.8 billion). Currently, most technical indicators on the daily and hourly charts with positive signs and improved liquidity in recent trading sessions could support the upward momentum of VN-Index in the short term with the support threshold of 1,150 points. However, the continued strong net selling by foreign investors could put pressure on the market in the short term. It is recommended that investors should trade cautiously in the coming sessions.
 
Futures contracts: Today's futures contracts tend to decrease except for the VN30F1M. It is recommended that investors trade cautiously during the session.
 
Covered warrants: In the trading session on December 8, 2023, covered warrants fluctuated along with the recovery of the underlying stocks.
 
Highlight: 
• VN-Index +2.95 points, closing at 1124.44. HNX-Index -0.64 points, closing at 231.2.
• Pulling the index up: BID (+1.68), MSN (+1), MWG (+0.66), VRE (+0.32), VNM (+0.32).
• Pulling the index down: VCB (-0.27), VJC (-0.2), LGC (-0.18), GAS (-0.17), STB (-0.16).
• The matched value of VN-Index reached VND 15707 billion, decreased -40.45% compared to the previous session. The total transaction value reached VND 17743 billion.
• The trading range is 8.03 points. The market had 283 advancers, 91 reference stocks, 221 decliners.
• Foreign investors' net selling value: VND -452.5 billion on HOSE, including VHM (-247.76 billion), STB (-87.77 billion), FUEVFVND (-82.97 billion). Foreign investors were net buyers on HNX with the value of VND 16.8 billion.
 
Movement of BSC30 and BSC50:
• BSC30 +0.59%. Positive stocks: MWG (+4.28%), MSN (+4.25%), BID (+3.20%)
• BSC50 -0.31%. Positive stocks: LPB (+2.19%), REE (+2.07%), PC1 (+1.85%)