20201021_BSC_Vietnam Daily Review_EN_Shaken at 940 support level_TA__DHC_Consolidating

Stock market: After a short accumulation period in the area of 940-945 points, the VN-Index is retesting the support level of 940 points. Investment cash flow weakened when only 3 out of 19 sectors gained. Foreign investors continued to be net sellers on HOSE and net buyers on HNX. Wide range of fluctuations, negative market breadth and a slight decline in liquidity signaled investors' short-term profit-taking activities. If the correcting trend continues, the VN-Index may drop to 930 points in the short term.

 

Future contracts: All future contracts decreased following VN30. Investors might consider selling with target price around 895 points for short-term contracts. 

 

Covered warrants: In the trading session on October 21, 2020, majority underlying securities decreased, while coverred warrants diverged in terms of price. Trading value increased slightly. 

 

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

 

• VN-Index +0.73 points, closed at 944.42. HNX-Index -0.55 points, closed at 140.33.

• Pulling up the index: TCB (+0.92); MSN (+0.57); HPG (+0.43); MBB (+0.36); VPB (+0.24).

• Pulling the index down: VNM (-0.87); GAS (-0.74); SAB (-0.37); LGC (-0.22); HVN (-0.18).

• The matched value of VN-Index reached VND 7,745 billion, +11.91% compared to the previous session.

• Amplitude is 7.22 points. The market has 200 gainers, 81 reference codes and 189 losers.

• Foreign net-selling value: VND -951.99 billion on HOSE, including DIG (VND -538.8 billion), MSN (VND -282.1 billion) and VPB (VND -67.3 billion). Foreigners were net buyers on the HNX with a value of 6.07 billion dong.