Market outlook
Stock market: VN-Index had a struggling day and mainly stayed around 920 points, however, the increasing demand in ATC helped the index to close in green. Investment cash flow continued to improve with 13/19 sectors gaining. Meanwhile, foreign investors were still net sellers on the HSX but net bought slightly on the HNX. Market liquidity continued to decline compared to the previous session, and market breadth was relatively positive, showing that buying motivation is gradually returning. According to our assessment, VN-Index is likely to continue to have recovery movements next week.
Future contracts: All future contracts increased following VN30. Investors might consider buying with target price around 920 points for short-term contracts.
Covered warrants: In the trading session on October 30, 2020, both coverred warrants and underlying securities diverged in terms of price. Trading value increased slightly.
Technical analysis: MWG_Rebound
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)
Highlights
• VN-Index +6.39 points, closed at 925.47. HNX-Index +0.97 points, closed at 135.34.
• Pulling up the index: VIC (+5.79); VNM (+0.65); GVR (+0.52); MWG (+0.31); PLX (+0.28).
• Pulling the index down: VCB (-0.62); TCB (-0.43); GAS (-0.32); VRE (-0.19); VHM (-0.18).
• The matched value of VN-Index reached VND 6,099 billion, -15.48% compared to the previous session.
• Amplitude is 15.12 points. The market has 225 gainers, 79 reference codes and 181 losers.
• Foreign net-selling value: VND -571.2 billion on HOSE, including MSN (VND -229.4 billion), VNM (VND -82.7 billion) and HPG (VND -38.6 billion). Foreigners were net buyers on the HNX with a value of 0.99 billion dong.