20201005_BSC_Vietnam Daily Review_EN_Exciting week-start_TA_ DXG_Rising

Stock market: After the volatile session at the end of last week, VN-Index had a positive session at the beginning of the week. Investment cash flow flows into the market with 17/19 sectors gaining. Unchanged liquidity, positive market breadth and narrow market amplitude show that investors are trading mainly in small and mid-cap stocks. However, foreign investors continued to be net sellers on HOSE while being net buyers on HNX. The market is being strengthened by domestic money spreading into small and mid-cap stocks. If this trend continues, VN-Index is likely to retest the 920-point level in the coming sessions.

 

Future contracts: All future contracts increased following VN30. Investors might consider selling with target price around 855 points for short-term contracts.

 

Covered warrants: In the trading session on October 5, 2020, majority of coverred warrants increased following underlying securities. Trading value decreased strongly.

 

Technical analysis: DXG_Rising

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

 

• VN-Index +4.77 points, to close at 914.68 points. HNX-Index +2.28 points, closing at 137.19 points.

• Pulling the index up: GVR (+0.84); MSN (+0.63); HPG (+0.60); CTG (+0.58); VPB (+0.38).

• Pulling the index down: VIC (-0.66); VCB (-0.52); VNM (-0.34); BID (-0.28); PLX (-0.14).

• The matching value of VN-Index reached VND 6,454 billion, + 2.8% from the previous session.

• The daily trading range was 4.59 points, narrower than the previous session. There were 304 gainers, 53 gainers and 126 losers in the market.

• Foreign investors' net selling value: VND -176.81 billion on HOSE, including VNM (VND -81.9 billion), DIG (VND -41.3 billion), and SBT (VND -39 billion). Foreigners were net buyers on the HNX with the value of VND 2.04 billion.