20201001_BSC_Vietnam Daily Review_EN_SBV lowered interest rates, VN-Index traded positively_TA_SBT_Uptrend

Stock market: The State Bank of Vietnam lowered the interest rates, causing the VNIndex to trade positively when it rose nearly 9 points to return to close to 915 points. Investment cash flow has improved strongly with 17/19 groups of sectors gaining. Meanwhile, foreign investors continued to be net sellers on both HSX and HNX. The market liquidity was not much different from the previous session, and the market breadth was in a positive status, showing that optimism is gradually returning to traders. According to our assessment, with this increase, VN-Index is likely to move towards 915-920 points at the end of the week.

 

Future contracts: All future contracts increased following VN30. Investors might consider selling with target price around 850 points for long-term contracts 

 

Covered warrants: In the trading session on October 1, 2020, majority of coverred warrants increased following underlying securities. Trading value increased. 

 

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

 

• VN-Index +8.88 points, closed at 914.09. HNX-Index +0.57 points, closed at 133.5.

• Pulling up the index: VHM (+1.52); VIC (+0.96); VCB (+0.74); GAS (+0.6); HPG (+0.57).

• Pulling the index down: NVL (-0.06); HPX (-0.05); DAT (-0.03); BHN (-0.03); STB (-0.03).

• The matched value of VN-Index reached VND 5,878 billion, +6.56% compared to the previous session.

• Amplitude is 4.96 points. The market has 305 gainers, 63 reference codes and 108 losers.

• Foreign net-selling value: VND -270.57 billion on HOSE, including HPG (VND -78.1 billion), VNM (VND -46.7 billion) and VJC (VND -36.3 billion). Foreigners were net sellers on the HNX with a value of -7.84 billion dong.