20201007_BSC_Vietnam Daily Review_EN_Advancing around 920 points_TA_GAS_Positive Signal

Stock market: The market today continued to remain positive as the VNIndex increased steadily throughout the trading time and sometimes surpassed the threshold of 920 points. Investment cash flow continued to decline when only 8 out of 19 sectors gained. Meanwhile, foreign investors were still net sellers on both HSX and HNX. The market liquidity continued to increase compared to the previous session, and market breadth remained in equilibrium, showing that traders are still quite cautious even when the index gained. According to our assessment, VN-Index is likely to fluctuate around 920 points in the last two sessions of the week when the current demand is not strong enough for a breakthrough.

 

Future contracts: Except for VN30F2010, 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 7, 2020, majority of coverred warrants increased following underlying securities. Trading value maintained at high level. 

 

Technical analysis: GAS_Positive Signal

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

 

• VN-Index +4.05 points, closed at 919.72. HNX-Index -1.64 points, closed at 136.13.

• Pulling up the index: GAS (+1.23); MSN (+1.13); VCB (+0.96); VHM (+0.76); VIC (+0.48).

• Pulling the index down: HPG (-0.37); TCB (-0.34); VPB (-0.24); STB (-0.17); MBB (-0.17).

• The matched value of VN-Index reached VND 7,879 billion, +7.86% compared to the previous session.

• Amplitude is 10.88 points. The market has 187 gainers, 65 reference codes and 217 losers.

• Foreign net-selling value: VND -193.04 billion on HOSE, including VNM (VND -100.4 billion), HSG (VND -31.4 billion) and CII (VND -26.4 billion). Foreigners were net sellers on the HNX with a value of -1.67 billion dong.