20200813_BSC_Vietnam Daily Review_EN_Maintaining the upward momentum, towards the 860 points level_TA_PLX_Short-term Uptrend

Stock market: VNIndex continued to increase from the beginning of the morning session and closed at 855.05 points level. The cash flow of investment maintained a positive status when 17 out of 19 industries gained. Meanwhile, foreign investors continued to have a net selling session on both HSX and 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, when the VNIndex increased and surpassed the EMA12 and EMA26, and the majority of the indicators are positive, it is likely that VNIndex will continue to rise and test the resistance at 860 points level.

 

Future contracts: All future contracts increased in agreement with the general trend of the index. Investors should prioritize buying with target price around 790 points for short-term contract.

 

Covered warrants: In the trading session on August 13, 2020, majority of coverred warrants increased following underlying securities. Trading value increased slightly.

 

Technical analysis: PLX_Short-term uptrend

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

 

Highlights 

• VN-Index +8.13 points, closed at 855.05. HNX-Index +0.77 points, closed at 116.87.

• Pulling up the index: VCB (+0.96); GAS (+0.77); SAB (+0.76); VIC (+0.58); BID (+0.52).

• Pulling the index down: GVR (-0.11); NVL (-0.08); DAT (-0.08); EIB (-0.07); VGC (-0.05).

• The matched value of VN-Index reached VND 3,913 billion, +1.93% compared to the previous session.

• Amplitude is 5.33 points. The market has 294 gainers, 58 reference codes and 95 losers.

• Foreign net-selling value: VND -129.25 billion on HOSE, including VHM (VND -108.8 billion), DXG (VND -21.8 billion) and MSN (VND -11.5 billion). Foreigners were net sellers on the HNX with a value of -23.99 billion dong.