20201008_BSC_Vietnam Daily Review_EN_ Market differentiation_TA_PPC_Consolidating

Stock market: Consolidating trend around 920 points was maintained in today's session. Investment cash flows into the market with 13/19 sectors gaining. Liquidity decreased slightly, market breadth was negative and market amplitude narrowed. All these indicators are in favor of a consolidating trend. Foreign investors continued to be net sellers on HOSE and HNX. The market is in a differentiation period before the third quarter business results are announced. Investors should limit trading and should only invest in good fundamental stocks.

Future contracts: Future contracts increased while index decreased. Investors can consider selling position with a target price around 850 points for long-term contracts.

 

Covered warrants: In the session on 8/10/2020, most underlying stocks decreased, while covered warrants were differentiated in price. Transaction value increased positively.

 

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

 

• VN-Index -0.88 points, closing 918.84 points. HNX-Index -0.52 points, closing 135.61 points.

• Pulling the index up: MSN (+0.67; GVR (+0.57); HPG (+0.28; GAS (+0.27); MWG (+0.25).

• Pulling the index down: VNM (-0.55); TCB (-0.45); SAB (-0.37); VCB (-0.21); VPB (-0.21).

• The matched value of the VN-Index reached VND 7,191 billion, -8.7% from the previous session.

• The fluctuation range was 8.19 points, narrower than the previous session. There were 158 gainers, 61 losers and 253 losers.

• Foreign investors' net selling value: VND -92.78 billion on HOSE, including VNM (VND -41.32 billion), BID (VND -26.4 billion) and AGG (VND -24.0 billion). Foreigners were net buyers on the HNX with the value of VND -1.28 billion.