20200928_BSC_Vietnam Daily Review_EN_A slight increase session_TA_ CEO_Positive signals

Stock market: VN-Index had a positive trading session at the beginning of the week. Investment Cash flow back into the market when 13/19 sectors increased with strong liquidity. Foreign investors continued their strong net selling trend on both HSX and HNX. The narrowed trading band and positive market breadth showed that money was flowing into Midcap and smallcap stocks. Improved trading sentiment and returned cashflow will help VN-Index consolidate its position at 910 points.

 

Future contracts: All future contracts increased following VN30. Investors might consider selling with target price around 840 points for long-term contracts. 

Covered warrants: In the trading session on September 28, 2020, majority of coverred warrants increased 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 +4.23 points, closing 912.50 points. HNX-Index +1.60 points, closing 133.12 points.

• Pulling the index up: CTG (+0.99); HPG (+0.60); BID (+0.21); TCB (+0.44); VPB (+0.35).

• Pulling the index down: GAS (-0.48); VHM (-0.47); VRE (-0.39); PLX (-0.11); GEX (-0.06).

• The matching value of VN-Index reached VND 6,278 billion, + 15.6% from the previous session.

• The daily trading range was 3.56 points, narrower than the previous session. The market had 247 advancers, 69 reference codes and 159 decliners.

• Foreign investors' net selling value: -386.34 billion dong on HOSE, including VNM (-122.34 billion), VRE (-71.1 billion), and HPG (-67.7 billion). Foreigners were net sellers on the HNX with the value of VND -3.51 billion.