20201026_BSC_Vietnam Daily Review_EN_ Selling pressure increased strongly in the afternoon session_TA_PHR_Testing resistance level

Stock market: VNIndex remained in green in most of the first trading time of the week, but the selling pressure soared in the afternoon session pushed the index down and moved to around 950 points. Investment cash flow declined when only 3/19 sectors gained. Meanwhile, foreign investors were still net sellers on the HSX and net bought slightly on the HNX. The market liquidity was not much different from the previous session, and the market breadth was in a negative status, showing that profit-taking sentiment at the peak areas is growing. According to our assessment, the VNIndex is likely not to fall deeply and remain above 940 points in the coming sessions.

Future contracts: Except for VN30F2016, all future contracts increased following VN30. Investors might consider selling with target price around 900 points for long-term contracts. 

 

Covered warrants: In the trading session on October 26, 2020, majority of underlying securities decreased, while coverred warrants diverged in terms of price. Trading value increased.

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

• VN-Index -10.46 points, closed at 950.8. HNX-Index -2.67 points, closed at 139.03.

• Pulling up the index: VIC (+1.07); MSN (+0.65); VNM (+0.3); PLX (+0.17); PNJ (+0.06).

• Pulling the index down: BID (-1.97); VCB (-1.55); CTG (-1.32); VHM (-0.92); VPB (-0.92).

• The matched value of VN-Index reached VND 7,953 billion, +1.79% compared to the previous session.

• Amplitude is 19.35 points. The market has 137 gainers, 49 reference codes and 286 losers.

• Foreign net-selling value: VND -415.31 billion on HOSE, including MSN (VND -154.4 billion), HPG (VND -114.6 billion) and VIC (VND -59.7 billion). Foreigners were net buyers on the HNX with a value of 1.38 billion dong.