On 30/7, many stocks in VN30 group such as VHM, VNM, VIC, TCB, CTG, VPB, GAS, PLX all recovered, helping the index to gain again. VN-Index stopped at 801.13 points, up 10.29 points (1.3%). HNX-Index increased by 1.25 points (1.17%) to 108.1 points.
Foreign investors continued to be net buyers of more than 17.3 billion dong on all 3 exchanges, much lower than the 310.5 billion dong of the previous session. VNM and VHM continued to be bought 39.3 billion dong and 30.2 billion dong. VHM alone was bought in the last 6 sessions with a total value of over VND 167 billion. 3 banking stocks, namely HDB, BID, and MBB, were also bought by this group yesterday. On the other side, HCM was sold the most with 28.7 billion dong. VCB was sold back 19.6 billion. HPG was withdrawn the 2nd session with over 15 billion dong.
BVSC forecasts that the market will fluctuate in the last trading session of the week. VN-Index is still fluctuating in the upper resistance zone by the resistance zone of 810-820 points and the lower one is supported by the support around 780 points.
VDSC believes that VN-Index successfully tested the support level of 780 points in the previous session so the technical recovery is still going on. However, it should be noted that the general trend of the market has been negative so risks are still potential.
Some notable international information:
Dow Jones decreased by 225.92 points, equivalent to 0.85%, to 26,313.65 points. S&P 500 decreased by 12.22 points, equivalent to 0.38%, to 3,246.22 points. Nasdaq increased by 44.87 points, equivalent to 0.43%, to 10,587.81 points.
MSCI Asia-Pacific excluding Japan decreased by 0.1% in the afternoon session of July 30, with most of the major indexes in the region dropping. Japan’s Nikkei 225 decreased by 0.2% while South Korea’s Kospi increased by 0.2%.
Brent oil futures prices fell 81 cents, or 1.9%, to $ 42.94 / barrel. WTI oil price futures fell $ 1.35, or 3.3%, to $ 39.92 / barrel, sometimes down 5%.
US GDP in the second quarter fell 32.9% from the same period last year, according to data from the US Department of Commerce released today. This figure is still higher than the forecast of a decrease of 34.7% by economists participating in the Dow Jones survey. Compared to the first quarter, the second quarter GDP decreased by 9.5%.