20201029_BSC_Vietnam Daily Review_EN_Slightly decrease session_TA_ IMP_Positive signal

Stock market: VN-Index had a session fluctuating up and down in the 915-925 area but at the end it still closed with a slight decrease. Investment cash flow improved with 11/19 sectors gaining points. Meanwhile, foreign investors were still net sellers on the HSX and HNX. Market liquidity declined compared to the previous session, and market breadth returned to equilibrium, showing that selling pressure is no longer as strong as in the first days of the week. According to our assessment, VN-Index may not escape the correcting trend at the end of the week.

 

Future contracts: All future contracts dropped in agreement with the general trend of the index. Investors should prioritize selling with target price around 880 points for short-term contracts. 

 

Covered warrants: In the trading session on October 29th 2020, covered warrants and underlying stocks had a differentiation in status. Trading value decreased sharply compared to the previous session.

 

Technical analysis: IMP_Positive signal

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

 

• VN-Index -1.97 points, closed at 919.08. HNX-Index +0.33 points, closed at 134.37.

• Pulling up the index: VHM (+0.56); VIC (+0.48); GVR (+0.35); PLX (+0.24); HDB (+0.22).

• Pulling the index down: CTG (-0.82); BID (-0.72); MSN (-0.65); VCB (-0.62); TCB (-0.58).

• The matched value of VN-Index reached VND 7,216 billion, -12.52% compared to the previous session.

• Amplitude is 11.51 points. The market has 202 gainers, 70 reference codes and 208 losers.

• Foreign net-selling value: VND -336.08 billion on HOSE, including MSN (VND -361.6 billion), VRE (VND -56.6 billion) and VJC (VND -24.7 billion). Foreigners were net sellers on the HNX with a value of -6.36 billion dong.