20200804_BSC_Vietnam Daily Review_EN_ Maintaining the upward momentum, VN-Index filled the gap of the previous week at around 825 points _TA_ HVN_ Rebound trend

Stock market: VNIndex continued to increase strongly from the beginning of the morning and officially filled the gap from the beginning of last week at around 825 points. The cash flow of investment maintained a positive status when all industries gained. Meanwhile, foreign investors had a strong net selling session on HSX again and net sold slightly on HNX. The market liquidity did not change much compared to the previous session, the market breadth was positive, showing that the optimistic trading psychology was being strengthened quite well. According to our assessment, the fact that foreign investors net sold when the index re-tested the resistance level of 825 is a concern and it is likely that VN-Index will not be able to break higher in the coming sessions.

 

Future contracts: All future contracts increased following VN30. Investors might consider selling with target price around 725 points for short-term contracts.

 

Covered warrants: In the trading session on August 4, 2020, most of coverred warrants increased following underlying securities. Trading value increased. 

 

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

 

Highlights 

• VN-Index +12.92 points, closed at 827.57. HNX-Index +2.07 points, closed at 112.5.

• Pulling up the index: VCB (+3.36); VNM (+1.05); BID (+0.81); GAS (+0.49); MSN (+0.47).

• Pulling the index down: HPX (-0.09); CAV (-0.07); HNG (-0.06); DBC (-0.02); PME (-0.02).

• The matched value of VN-Index reached VND 3,484 billion, -0.01% compared to the previous session.

• Amplitude is 7.37 points. The market has 326 gainers, 48 reference codes and 68 losers.

• Foreign net-selling value: VND -113.67 billion on HOSE, including SAB (VND -66.1 billion), HDG (VND -33.3 billion) and VHM (VND -30.4 billion). Foreigners were net sellers on the HNX with a value of -0.76 billion dong.