20200806_BSC_Vietnam Daily Review_EN_ Weaken Investment Cash Flow _TA_LCG_Positive Signal

Stock market: VN-Index struggled when there were high selling pressure at the beginning and the end of the trading session, closing at about 840 points, marking the fourth consecutive gaining session. Investment cash flow weakened when only 11/19 industry groups gained during this session. Foreign investors' cash flow decreased somewhat with a slight net buying activity on the HSX and a slight net selling on the HNX. Market liquidity decreased compared to previous sessions and market breadth was negative, which showed that traders were doubtful about the index's ability to continue gaining. With uncertain market sentiment and declining cash flow, it is expected that in the last session of the week VN-Index may continue to fluctuate in a narrow range, challenging the support level of 825 points.

Future contracts: All future contracts decreased, going against the increase of VN30 index. Investors should prioritize buying with target price around 774.3-775 points for long-term contracts.

 

Covered warrants: In the trading session on August 6, 2020, both coverred warrants and underlying securities diverged in terms of price. Trading value increased slightly. 

Technical analysis: LCG_Positive Signal

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

 

• VN-Index +2.24 points, closed at 840.04. HNX-Index -0.67 points, closed at 113.35.

• Pulling up the index: VNM (+1.38); SAB (+1.23); GAS (+0.5); VIC (+0.48); VJC (+0.18).

• Pulling the index down: BID (-0.57); MSN (-0.36); CTG (-0.26); TCB (-0.25); MBB (-0.14).

• The matched value of VN-Index reached VND 3,687 billion, -15.86% compared to the previous session.

• Amplitude is 10.6 points. The market has 167 gainers, 74 reference codes and 199 losers.

• Foreign net-buying value: VND 10.74 billion on HOSE, including VNM (VND 43 billion), CTD (VND 18.2 billion) and MSN (VND 11.7 billion). Foreigners were net sellers on the HNX with a value of -2.24 billion dong.