Market outlook
Stock market: After the previous decline, VN-Index today fluctuated around 860 points. From the end of the morning to the beginning of the afternoon, the index moved below this support area but the recovery appeared at the end of the session and VNIndex closed above the reference level. The cash flow of investment increased sharply compared to the previous session when there were up to 11/19 industry groups gaining points. Meanwhile, foreign investors continued to be net sellers on both HSX and HNX. Market liquidity decreased compared to the previous session, the market breadth was in equilibrium, showing that the status of trading fluctuated in the current time. VNIndex is potentially expected to remain in a narrow range at 855-865 points before trading volume rebounds.
Future contracts: All future contracts increased following VN30. Investors might consider buying with target price around 805 points for long-term contracts.
Covered warrants: In the trading session on July 21, 2020, majority coverred warrants decreased in contrast with underlying securities. Trading value decreased slightly.
Technical analysis: TDT_Uptrend
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)
Highlights
• VN-Index +0.29 points, closed at 861.69. HNX-Index +0.37 points, closed at 116.09.
• Pulling up the index: VCB (+0.32); VNM (+0.15); NVL (+0.14); VJC (+0.14); HNG (+0.13).
• Pulling the index down: VHM (-0.38); PLX (-0.17); GVR (-0.17); SAB (-0.13); MSN (-0.1).
• The matched value of VN-Index reached VND 3,779 billion, -1.36% compared to the previous session.
• Amplitude is 7.76 points. The market has 164 gainers, 66 reference codes and 196 losers.
• Foreign net-selling value: VND -303.27 billion on HOSE, including VHM (VND -77.3 billion), HPG (VND -66.1 billion) and DXG (VND -35 billion). Foreigners were net sellers on the HNX with a value of VND -2.17 billion.