Market outlook
Stock market: VNIndex increased strongly from the beginning of the morning and maintained the increase in the whole session. The cash flow of investment maintained a positive status when 17/19 industries gained. Meanwhile, foreign investors had a net selling session on HSX, after a net buying session of yesterday, and continued to have a net selling session on HNX. The market liquidity slightly rose compared to the previous session. Besides, the market breadth was positive with 302 stocks rising its prices, which showed the optimisms of the investors. According to our assessment, the information about the economic recover of Vietnam and in the world may help VN Index to gradually rise in the upcoming sessions, before correcting at the higher points.
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 contracts.
Covered warrants: In the trading session on August 21, 2020, majority of coverred warrants increased following underlying securities. Trading value decreased.
Technical analysis: GVR_Continuing the uptrend outlook
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)
Highlights
• VN-Index +6.57 points, closed at 854.78. HNX-Index +1.46 points, closed at 122.64.
• Pulling up the index: CTG (+1.1); BID (+0.81); GAS (+0.55); VPB (+0.39); TCB (+0.35).
• Pulling the index down: VHM (-0.47); VCB (-0.1); VCF (-0.05); DAT (-0.05); STG (-0.03).
• The matched value of VN-Index reached VND 4,463 billion, +7.67% compared to the previous session.
• Amplitude is 6.76 points. The market has 302 gainers, 66 reference codes and 84 losers.
• Foreign net-selling value: VND -271.43 billion on HOSE, including VCB (VND -71.9 billion), VNM (VND -54 billion) and VHM (VND -38 billion). Foreigners were net sellers on the HNX with a value of -4.8 billion dong.