Highlights
• VN-Index fluctuated, then decreased in the morning session. The Index decreased in the afternoon session.
• The leaders were SAB (+0.41 points); YEG (+0.12 points); VCB (+0.11 points); TPB (+0.08 points); VCI (+0.07 points).
• The laggards were GAS (-1.65 points); VHM (-1.56 points); ROS (-0.47 points); CTG (-0.46 points); TCB (-0.43 points).
• Cash flow focused on Education and Manufacturing, liquidity decreased.
• The trading value of VN-Index in today session was VND 2,042.5 billion. The trading range was 8.63 points. The market recorded 137 gainers and 137 decliners.
• By the ending of the session, VN-Index decreased by 6.19 points, closing at 891.75 points. At the same time, HNX-Index also increased by 0.16 points to 102.28 points.
• Foreign investors today were net bought VND 96.45 billion on HOSE, focusing on HPG (VND 29.41 billion), KDH (VND 28.95 billion) và BID (VND 16.24 billion). At the same time, they net sold VND 2.3 billion on HNX.
Market outlook
Although at the beginning of the session, the market recovered slightly, in the morning session, the VN-Index fluctuated and decreased with strong selling force appearing in large-cap stocks: VHM, VIC, VJC, VNM, and VRE. In the afternoon session, the index decreased. On the other side, some Banking stocks had weak buying forces that are not enough to increase the market such as VCB, TPB, and VPB. Foreign investors were net buyers and the market liquidity was quite low. BSC supposes that the market decreased due to investors’ concerns about the US politic, FED's interest rate increase.
Technical analysis
HVN_ Short-term consolidation
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)