20201002_BSC_Vietnam Daily Review_EN_President Trump confirmed Covid infection, VNIndex decreased _TA_TLG_Breakout session

Stock market: The rally from the previous session partly helped VNIndex maintain the green in the morning session, however, the news that US President Donald Trump was infected for Covid-19 created selling pressure as it entered the afternoon session. However, the demand at bottom catching appeared right after that narrowed the drop and helped VNIndex to close near 910 points. Investment cash flow declined when only 3 out of 19 sectors gained. Meanwhile, foreign investors continued to be net sellers on both HSX and HNX. Market liquidity increased sharply from the previous session, and market breadth was in a negative status, reflecting the transient pessimism of traders. According to our assessment, the VNIndex may still maintain the movement in the 905-915 zone next week when the impact from domestic and foreign information is still not consistent with each other.

 

Future contracts: All future contracts decreased following VN30. Investors might consider selling with target price around 865 points for short-term contracts.

 

Covered warrants: In the trading session on October 2, 2020, majority of coverred warrants decreased 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 -4.18 points, closed at 909.91. HNX-Index +1.41 points, closed at 134.91.

• Pulling up the index: VIC (+1.48); CTG (+0.38); POW (+0.21); LGC (+0.14); DIG (+0.1).

• Pulling the index down: VHM (-1.12); VCB (-0.84); VNM (-0.64); BID (-0.34); VPB (-0.31).

• The matched value of VN-Index reached VND 8,127 billion, +38.26% compared to the previous session.

• Amplitude is 18.95 points. The market has 106 gainers, 65 reference codes and 294 losers.

• Foreign net-selling value: VND -278.13 billion on HOSE, including VNM (VND -70.4 billion), CTG (VND -67.3 billion) and HPG (VND -59.5 billion). Foreigners were net sellers on the HNX with a value of -15.53 billion dong.