20200731_BSC_Vietnam Daily Review_EN_ VN30 restructured, the market liquidity at low level _TA_ SNZ_Positive Signal

Stock market: The number of cases of COVID-19 increased by 45 to 509 at the afternoon of July 31. Investment cash flow decreased compared to the previous session with only 04/19 industries gained points during the session. Foreign investors have turned back to net sellers on the HSX and net buyers on the HNX. Market liquidity increased compared to the previous session but remained at a low level, negative market breadth and widening market amplitude reflected the struggling trading trend. The restructuring session of VN30 also did not have a strong influence on the market when most investors were still carefully monitoring the COVID-19 disease situation.

 

Future contracts: All future contracts decreased in agreement with the general trend of the index. Investors should prioritize buying with target price around 740 points for all contracts.

 

Covered warrants: In the trading session on July 31st 2020, most of covered warrants and underlying stocks closed in red. Trading value did not change much compared to the previous session.

 

Technical analysis: SNZ_Positive Signal

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

 

Highlights 

• VN-Index -2.74 points, closed 798.39 points. HNX-Index -0.59 points, closed at 107.51 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 3,177 billion, up + 25.5% compared to the previous session.

• The trading range was 16.57 points, wider than the previous session. The market has 115 gainers, 60 unchange and 255 losers.

• Foreign investors' net selling value: VND -129.55 billion on HOSE, including KDH (VND -49.7 billion), MSN (VND -24.6 billion) and VIC (VND -21.9 billion). Foreigners were net buyers on the HNX with a value of VND 4.54 billion.