20200917_BSC_Vietnam Daily Review_EN_Futures contract maturity session is full of volatility_TA_PTB_Continuing Uptrend

Stock market: The VNIndex fluctuated around the reference level in the morning but dropped suddenly in the early afternoon and moved to the support level of 890 points. However, the demand reappeared right after that helped the index gradually recover but selling pressure in ATC still caused VNIndex to lose 0.38% compared to yesterday. Investment cash flow decreased when only 8 out of 19 sectors gained. Meanwhile, foreign investors continued to be net sellers on both HSX and HNX. Market liquidity increased compared to the previous session, and market breadth was in a negative status partly due to the influence from the closing position of the proprietary traders today. According to our opinion, VNIndex is likely to have not made another breakthrough on the last trading day of this week.

 

Future contracts: Except for VN30F2012, all future contracts decreased following VN30. Investors might consider selling with target price around 820 points for long-term contracts. 

 

Covered warrants: In the trading session on September 17, 2020, majority of coverred warrants decreased following underlying securities. Trading value increased strongly. 

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

 

• VN-Index -3.43 points, closed at 894.04. HNX-Index +0.6 points, closed at 128.47.

• Pulling up the index: HPG (+0.67); VNM (+0.15); GVR (+0.11); CTG (+0.11); REE (+0.08).

• Pulling the index down: VIC (-1.41); VHM (-0.46); VCB (-0.42); VRE (-0.38); MSN (-0.29).

• The matched value of VN-Index reached VND 5,882 billion, +33.71% compared to the previous session.

• Amplitude is 8.48 points. The market has 158 gainers, 66 reference codes and 236 losers.

• Foreign net-selling value: VND -110.89 billion on HOSE, including VHM (VND -56.6 billion), BID (VND -46.7 billion) and VNM (VND -24.4 billion). Foreigners were net sellers on the HNX with a value of -22.79 billion dong