20200724_BSC_Vietnam Daily Review_EN_ Concerned about the Covid-19 epidemic, VNIndex plummeted _TA_ CII_ Supporting level

Stock market: VN-Index stayed in the red from the beginning of the morning due to the influence of less positive movements of the world market. By the end of the morning, the index dropped sharply due to information about the occurrence of Covid-19 infection in Da Nang and maintained this status until the end of trading time. The cash flow of investment dropped sharply when no industry gained. Meanwhile, foreign investors had a strong net buying session on the HSX after a series of previous net selling days. Market liquidity increased sharply compared to the previous session, the market breadth was negative, showing that anxiety about the disease caused most traders to sell off today. If selling pressure continues, the VNIndex may return to the support area of 805-815 next week.

Future contracts: All future contracts decreased following VN30. Investors might consider buying with target price around 795 points for all contracts.

Covered warrants: In the trading session on July 24, 2020, majority of coverred warrants decreased following underlying securities. Trading value increased strongly. 

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

• VN-Index -27.59 points, closed at 829.16. HNX-Index -4.54 points, closed at 109.33.

• Pulling up the index: DAT (+0.04); POM (+0.03); PGD (+0.02); DHG (+0.02); NLG (+0.02).

• Pulling the index down: VHM (-2.62); VIC (-1.95); BID (-1.88); VCB (-1.62); VNM (-1.55).

• The matched value of VN-Index reached VND 6,836 billion, +102.91% compared to the previous session.

• Amplitude is 37.92 points. The market has 32 gainers, 26 reference codes and 368 losers.

• Foreign net-buying value: VND 257.9 billion on HOSE, including VRE (VND 66.3 billion), NLG (VND 56.1 billion) and VHM (VND 47.6 billion). Foreigners were net buyers on the HNX with a value of 4.28 billion dong.