Market outlook
Stock market: VNIndex fluctuated in a wide range at the end of the week, sometimes it moved to near 935 at the beginning of the morning but then recovered again and closed with a slight increase. Cash flow for investment decreased slightly, but there were still 10/19 groups increased. Meanwhile, foreign investors were still net sellers on the HSX and net buyers on the HNX. Market liquidity declined compared to the previous session, and market breadth was in a negative status, showing that most traders are taking profits at the moment. According to our assessment, VN-Index is expected to continue struggling at 940 points before creating a new trend next week.
Future contracts:Except for VN30F2106, all future contracts increased following VN30. Investors might consider buying with target price around 895 points for short-term contracts.
Covered warrants: In the trading session on October 16, 2020, majority of underlying securities decreased, while coverred warrants diverged in terms of price. Trading value decreased strongly.
Technical analysis: FPT_Uptrend
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)
Highlights
• VN-Index +0.54 points, closed at 943.3. HNX-Index +0.16 points, closed at 139.82.
• Pulling up the index: CTG (+1.21); GVR (+0.47); FPT (+0.46); VPB (+0.39); GAS (+0.22).
• Pulling the index down: VHM (-0.47); VCB (-0.42); MSN (-0.36); SAB (-0.27); TCB (-0.2).
• The matched value of VN-Index reached VND 7,983 billion, -4.99% compared to the previous session.
• Amplitude is 10.25 points. The market has 170 gainers, 68 reference codes and 235 losers.
• Foreign net-selling value: VND -423.8 billion on HOSE, including MSN (VND -254.8 billion), CTG (VND -75.7 billion) and VPB (VND -27.5 billion). Foreigners were net buyers on the HNX with a value of 8.51 billion dong.