20201023_BSC_Vietnam Daily Review_EN_Passed 960 points level_TA_ CSM_Rising

Stock market: Inheriting the positive information from MSCI, the market rose and pass the threshold of 960 points. The cash flow continued to spread into the market with 14 out of 19 sectors increase. Foreign investors were net sellers on both HOSE and HNX. The slightly narrowed fluctuation band, positive market breadth and increased liquidity indicate that the excited trading sentiment is likely to continue. Cash flow continued flowing into stocks benefited from MSCI such as HPG, VIC and VNM. VN-Index may fluctuate in the 960-980 range in the coming period.

 

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

 

Covered warrants: In the trading session on October 23, 2020, majority of coverred warrants increased following underlying securities. Trading value increased strongly. 

 

Technical analysis: CSM_Rising

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

 

• VN-Index +11.36 points to close 961.26 points. The HNX-Index +0.84 points to close at 141.70 points.

• Pulling the index up: VIC (+3.76); VHM (+1.91); VNM (+1.64); HPG (+1.23); VCB (+0.95).

• Pulling the index down: CTG (-0.21); BID (-0.17); TPB (-0.13); GAS (-0.11); SBT (-0.10).

• The matched value of VN-Index reached VND 7,813 billion, + 9.04% compared to the previous session.

• The fluctuation range was 8.12 points, narrowing from the previous session. The market had 249 gainers, 59 reference stocks and 161 losers.

• Foreign investors' net selling value: VND -232.02 billion dong on HOSE, including MSN (VND -96.2 billion), VHM (VND -83.0 billion) and VRE (VND -45.1 billion). Foreigners were net sellers on the HNX with the value of VND -2.26 billion.