20200730_BSC_Vietnam Daily Review_EN_Sharp decrease liquidity _TA_ VSC_Breakout

Stock market: The number of cases of COVID-19 increased by 12 and up to 459 at July 30. Investment cash flow increased compared to the previous session with 18/19 industry sectors gained points during the session. However, the net buying activities of foreign investors started to decline with the slight net buying amount and net selling on HNX. The market liquidity also weakened sharply compared to the previous session, the positive market breadth and the narrowed market amplitude are reflecting cautious trading signals in the market. VN-Index is likely to fluctuate around 800 points in the coming sessions as market participants monitors the development of COVID-19 epidemic.

 

Future contracts: All future contracts increased in agreement with the general trend of the index. Investors should prioritize selling with target price around 695 points for short-term contracts.

 

Covered warrants: In the trading session on July 30th 2020, most of covered warrants and underlying stocks closed in green. Trading value plummeted compared to the previous session. 

Technical analysis: VSC_Breakout

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

• VN-Index +10.29 points, closed at 801.13 points. HNX-Index +1.25 points, closed at 108.10 points.

• Pulling up the index: VHM (+2.47); VIC (+1.53); VNM (+1.48); GAS (+1.09); CTG (+0.53).

• Pulling the index down: EIB (-0.19); LGC (-0.18); GVR (-0.17); SAB (-0.16); VCB (-0.11).

• The matched value of VN-Index reached VND 2,532 billion, down -44.3% compared to the previous session.

• The trading band was 8.09 points, narrowed compared to the previous session. The market has 256 gainers, 66 unchange and 104 losers.

• Foreign investors' net buying value: 13.16 billion dong on HOSE, including VNM (VND +39.2 billion), VHM (VND +30.1 billion) and KDC (VND +21.5 billion). Foreigners were net seller on the HNX with a value of VND -0.91 billion.