Covered warrant 2026/09/22: Liquidity declined

During the week, although the number of newly issued covered warrants increased, trading activity in the covered warrant market declined, indicating that capital flows have yet to improve in line with the increase in warrant supply. In addition, declining warrants continued to outnumber gainers, reflecting relatively cautious trading sentiment in the covered warrant market. Conversely, the underlying market showed positive performance, with the VNIndex rising 1.1% for the week, highlighting the divergence between the underlying and covered warrant markets.