20200812_BSC_Vietnam Daily Review_EN Increased at the end of the session_TA_GAS_Maintaining an uptrend

Stock market: VNIndex maintained an increase in most of the trading time, and after retesting the reference level in the early afternoon session, the buying power increased again, and supported the index to close up by nearly 4 points. The cash flow of investment improved significantly compared to the previous session, when 15 out of 19 sectors gained. Meanwhile, foreign investors continued to have a strong net selling session on both HSX and HNX, although their net selling value was not too high. The market liquidity increased only slightly compared to the previous session, market breadth was relatively balanced between sellers and buyers, showing a fairly indecisive trading sentiment. According to our assessment, with unclear supporting information, the VNIndex is likely to continue accumulating between 840-850 points in the coming sessions.

 

Future contracts: All futures contracts continued to rise today. Investors should prioritize shorting with target price around 790 points for long-term contracts.

Covered warrants: In the trading session on August 12, 2020, majority of coverred warrants increased following underlying securities. Trading value increased strongly.

 

Technical analysis: GAS_Maintaining an uptrend

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

• VN-Index +3.84 points, closed at 846.92. HNX-Index -0.2 points, closed at 116.1.

• Pulling up the index: BID (+0.82); GAS (+0.66); VNM (+0.55); PLX (+0.28); MBB (+0.24).

• Pulling the index down: MSN (-0.13); VIC (-0.09); NVL (-0.08); GEX (-0.05); KDH (-0.04).

• The matched value of VN-Index reached VND 3,839 billion, +6.7% compared to the previous session.

• Amplitude is 5.66 points. The market has 205 gainers, 62 reference codes and 180 losers.

• Foreign net-selling value: VND -96.52 billion on HOSE, including VHM (VND -73.1 billion), DXG (VND -17.4 billion) and NVL (VND -17.1 billion). Foreigners were net sellers on the HNX with a value of -4.99 billion dong.