20201022_BSC_Vietnam Daily Review_EN_ MSCI will upgrade Kuwait market in November, Vietnam is expected to benefit from foreign cash flow _TA_ SJS_Positive Signal

Stock market: Right from the opening, the market is covered by red color until near the session-end. However, the market reversed strongly at the session-end thanks to the announcement that MSCI would upgrade Kuwait in November. Investment cash flow flowed into the VN30 stocks which led the market with 17/19 sectors gaining. Foreign investors continued to be net sellers on HOSE and HNX. The amplitude of the fluctuation widened, market breadth was positive, and liquidity increased strongly at the end of the session, signaling the positive sentiment thanks to the published information of MSCI. With this trend, VN-Index may retest the resistance level of 960 points in the upcoming period. Investors can consider opening positions in stocks benefiting from MSCI upgrading Kuwait that are mentioned in BSC's report "Opportunities to attract cash flows in Vietnam after MSCI Review 11/2020".

 

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

 

Covered warrants: In the trading session on October 22, 2020, majority of coverred warrants increased following underlying securities. Trading value decreased. 

 

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

 

• VN-Index +10.87 points, closing 949.90 points. HNX-Index +0.88 points to close 140.86 points.

• Pulling the index up: VIC (+2.70); VHM (+1.05); CTG (+1.00); GAS (+0.76); BID (+0.69).

• Pulling the index down: SAB (-0.13); VHC (-0.08); CII (-0.07); VFC (-0.06); VSH (-0.06).

• The matched value of VN-Index reached 7,165 billion VND + 1.4% from the previous session.

• The fluctuation range was 16.12 points, widening from the previous session. The market had 250 gainers, 75 reference stocks and 152 losers.

• Foreign investors' net selling value: VND -600.74 billion on HOSE, including MSN (VND -209.7 billion), VNM (VND -119.7 billion), and CTG (VND -58.5 billion). Foreigners were net buyers on the HNX with the value of VND -4.72 billion.