20201014_BSC_Vietnam Daily Review_EN_ Reach 940 points _TA_ TCB_Breakout session

Stock market: The VNIndex today maintained a gradual increase from the beginning of the morning session to the end of the afternoon session and closed with an impressive increase of 1.11%, officially reaching 940 points. Investment cash flow continued to be positive with 14/19 sectors gaining. Meanwhile, foreign investors were still net sellers on the HSX and net bought slightly on the HNX. Market liquidity increased compared to the previous session, and market breadth continued to be in equilibrium reflecting the current uptrend mainly from stocks with large capitalization. According to our assessment, VN-Index is likely to encounter profit-taking pressure at around 940 points and may return to lower supports in the next few sessions.

 

Future contracts: All future contracts increased following VN30. Investors might consider buying for long-term contracts.  

 

Covered warrants: In the trading session on October 14, 2020, majority of coverred warrants increased following underlying securities. Trading value increased. 

 

Technical analysis: TCB_Breakout session

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

 

• VN-Index +10.32 points, closed at 940.18. HNX-Index +1.34 points, closed at 137.49.

• Pulling up the index: BID (+1.94); MSN (+1.84); VCB (+1.81); TCB (+1.52); SAB (+1.12).

• Pulling the index down: CTG (-0.57); GVR (-0.33); SBT (-0.07); GEX (-0.07); VJC (-0.06).

• The matched value of VN-Index reached VND 7,601 billion, +35.8% compared to the previous session.

• Amplitude is 8.29 points. The market has 216 gainers, 58 reference codes and 189 losers.

• Foreign net-selling value: VND -559.9 billion on HOSE, including MSN (VND -202 billion), TCB (VND -133 billion) and CTG (VND -79.3 billion). Foreigners were net buyers on the HNX with a value of 4.52 billion dong.