The futures contracts simultaneously increased in the trading session on October 29, 2021. Contract basis VN30F2111 continued to shrink and reached a value of 1.35 points. This shows that investors are less optimistic about the prospect of VN30-Index.
I. STOCK MARKET INDEX FUTURE CONTRACT
I.1. Market movements
The futures contracts simultaneously increased in the trading session on October 29, 2021. VN30F2111 (F2111) increased by 0.09%, reaching 1,533.70 points; VN30F2112 (F2112) increased by 0.21%, reaching 1,533.70 points; contract VN30F2203 (F2203) increased by 0.38%, reaching 1,528.90 points; contract VN30F2206 (F2206) increased by 0.28%, to 1,528.50 points. Currently, the base VN30-Index is at 1,532.35 points.
The trading volume and value of the derivatives market increased by 0.01% and 1.63% respectively compared to the session on October 28, 2021. Specifically, F2111 trading volume decreased by 0.05% with 148,152 contracts matched. F2112 contracts reached 234 contracts, up 1.74%.
Foreign investors returned to net selling after 3 consecutive net buying sessions with the total net selling volume in the last session of the week reaching 796 contracts.
The F2111 contract has had a volatile week. Contract prices rebounded strongly in the first session of the week. However, the sellers immediately pulled the contract down and sank deep into the red. The green color only returned in the last 2 trading sessions of the week when buyers returned impressively, helping the contract to close the week above the reference level.
Intraday chart of VN30F2111 in the period 25-29/10/2021
At the end of the session, the VN30F2111 contract basis continued to narrow and reached a value of 1.35 points. This shows that investors are less optimistic about the prospect of VN30-Index.
Volatility VN30F2111 and VN30-Index
Note: Basis is calculated according to the following formula: Basis = Futures Price - VN30-Index
I.2. Valuation of futures contracts
Based on the fair valuation method with the starting date of November 1, 2021, the fair price bracket of the futures contracts being traded on the market is shown as follows:
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