Daily Review

202000407_BSC_Vietnam Daily Review_EN_Increase positively_TA_CVT_Recovery

  • Date

    07/04/2020

  • Language

    Tiếng Việt

  • Number of Downloads

    36

Detailed report

Market outlook 
The recovery momentum continued today with VRE, VHM, BID, and VCB, continued to be the main pillars of VN-Index. Investor sentiment was in a positive state with liquidity maintained at a high level and all term deposits were in Premium status. With this trend, VN-Index is expected to test the resistance level of 750 in the next sessions. However, the fact that foreign investors maintained their net selling trend has hindered the gaining momentum of the market and created resistance at this resistance. With the positive development of COVID 19 containment in Vietnam, investors can increase the rate in the portfolio of essential consumer stocks that are less affected by this epidemic.

Future contracts: All future contracts increased following VN30. Investors might consider buying with target price around 685 points for short-term contracts.
Covered warrants: In the trading session on April 7, 2020, majority of underlying securities increased, while coverred warrants diverged in terms of price.  Trading volume decreased strongly.

Technical analysis: CVT_Recovery

(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)

Highlights

• VN-Index +9.94 points, closed at 746.69. HNX-Index +0.17 points, closed at 103.43.
• Pulling up the index: VHM (+6.97%); VNM (+2.39%); VRE (+6.95%); SAB (+3.79%); MWG (+6.72%).
• Pull the index down: PLX (-3.12%); CTG (-1.24%); BHN (-6.93%); GVR (-1.54%); HVN (-1.69%).
• The matched value of VN-Index reached 4,122 billion dong, +8.86% compared to the previous session.
• The trading band is 18.85 points. The market has 201 gainers, 67 reference codes and 153 losers.
• Foreign net selling value: VND -364.63 billion on HOSE, including VIC (-203.7 billion), VEA (-21.4 billion) and GAS (-19.6 billion). Foreigners were net sellers on the HNX with a value of -2.74 billion dong.

icon BSC Trading icon BSC Smart Invest icon Online Support
Less
Short link