20200807_BSC_Vietnam Daily Review_EN_ Unstable market sentiment due to complicated disease progression_TA_C32_Uptrend

Stock market: The VN-Index continued struggling from the beginning of the session with high selling pressure at the end of the morning, pushing the index down to 837, but then recovered and closed at about 841 points, marking a week of consecutive gains. Investment cash flow weakened when only 9 out of 19 sectors gained slightly during the session. Foreign investors' cash flow dropped with net selling on HSX and slight net buying on HNX. Market liquidity continued to decline slightly, along with market breadth in a negative state, reflecting concerns of investors over complicated epidemic developments. If the epidemic control situation worsens in big cities, it is very likely that the VN-Index will lose its rally next week and return to the threshold of 825 points.

 

Future contracts: All future contracts increased in agreement with the general trend of the index. Investors should prioritize buying with target price around 781.9-786.4 points for short-term contracts.

 

Covered warrants: In the trading session on August 7th 2020, most of covered warrants and underlying stocks had a differentiation in status. Trading value decreased sharply compared to the previous session. 

 

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

 

• VN-Index +1.42 points, closed at 841.46. HNX-Index -0.57 points, closed at 112.78.

• Pulling up the index: GAS (+0.39); CTG (+0.38); VNM (+0.35); SAB (+0.28); VGC (+0.19).

• Pulling the index down: BID (-0.17); VJC (-0.1); BVH (-0.09); MWG (-0.09); LGC (-0.09).

• The matched value of VN-Index reached VND 3,681 billion, -0.01% compared to the previous session.

• Amplitude is 7.49 points. The market has 185 gainers, 71 reference codes and 177 losers.

• Foreign net-selling value: VND -93.63 billion on HOSE, including AGG (VND -50.7 billion), VIC (VND -34.7 billion) and NVL (VND -17.3 billion). Foreigners were net buyers on the HNX with a value of 7.61 billion dong.