20200717_BSC_Vietnam Daily Review_EN_Back to 870 level_TA_BFC_Positive signal

Stock market: The market maintained the correction from the beginning to the end of the session with the amplitude fluctuating at only 3.18 points. Investment cash flow decreased when only 8/19 sectors increased in the last session of the week. Meanwhile, foreign investors were net sellers on both the HSX and HNX. Market liquidity remained unchanged, market breadth was negative and market margin was narrowed, showing that prudent sentiment was still leading the market. BSC recommends investors keep their portfolio proportion and monitor the market and macro information before making investment decisions next week.

 

Future contracts: Future contracts diverged in terms of price. Investors might consider buying with target price around 815 points for short-term contracts.

Covered warrants: In the trading session on July 17, 2020, majority of underlying securities decreased, while coverred warrants diverged in terms of price. Trading value decreased.

Technical analysis:  BFC_Positive signal

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

• VN-Index -4.81 points, closed at 872.02 points. HNX-Index +1.22 points, closed at 116.81 points.

• Pulling up the index: VPB (+0.32); BID (+0.29); PLX (+0.24); BVH (+0.07); GVR (+0.06).

• Pulling the index down: VIC (-1.45); VHM (-0.96); VCB (-0.74); VJC (-0.46); TCB (-0.40).

• The matched value of VN-Index reached VND 3,745 billion, up + 1.0% from the previous session.

• The trading band was 3.18 points, narrowing from the previous session. The market has 162 gainers, 77 unchanged and 190 losers.

• Foreign investors' net selling value: VND -2.79 billion on HOSE, including VHM (VND -31.4 billion), DXG (VND -22.9 billion) and MSN (VND -18.3 billion). Foreigners were net buyers on the HNX with a value of VND 4.01 billion.