20220729_BSC_Vietnam Daily Review_EN_Moving around 1200 points

Market outlook  

Stock market: Following the gain of the previous day, the market opened with green color covering the market. The uptrend lasted but reversed strongly at the end of the session when selling pressure broke the buying force in the market. Market breadth was negative with losers outnumbering gainers. The market had 9/19 sectors gaining points with the spearhead came from Insurance and Communication sectors. Liquidity exceeded the average trading threshold of VND 10,000 billion, showing that the cash flow is returning to the market when the news of Q2 business results creates a positive psychological effect on investors. Foreign investors were net sellers on the HSX and net buyers on the HNX. VN-Index is expected to maintain its trading trend in the range of 1200-1250 points in the next trading sessions.

• VN-Index -1.79 points, closing at 1206.33. HNX-Index -1.23 points, closing at 288.61.
• Pulling the index up: VHM (+1.23), SAB (+1.18), BID (+1.04), GAS (+0.58), TCB (+0.54).
• Pulling the index down: VIC (-2.75), MSN (-1.31), VCB (-0.71), DGC (-0.58), CTG (-0.48).
• The matched value of VN-Index reached VND 12,916 billion, decreased -7.45% compared to the previous session. The total transaction value reached VND 15,035 billion.
• The trading range is 11.51 points. The market had 189 advancers, 87 reference stocks, 239 decliners.
• Foreign investors' net selling value: VND -34.04 billion on HOSE, including NVL (-314.87 billion), DGC (-64.15 billion), VHM (-35.3 billion). Foreign investors were net buyers on HNX with the value of VND 8.07 billion.