20201109_BSC_Vietnam Daily Review_EN_ VNIndex increased positively after the US Election Results _TA_ TNG_Breakout

Stock market: VN-Index had an exciting session after Mr. Joe Biden won the majority of votes in the US election, opening the prospect of returning to the TPP Agreement of this country. Investment cash flow increased when all sectors increased. Meanwhile, foreign investors were still net sellers on both HSX and HNX. Market liquidity increased sharply compared to the previous session, while market breadth was in a positive status, showing that traders are currently quite optimistic. According to our assessment, VN-Index might have a certain fluctuation and the fluctuation zone of the index in the next few sessions is potential at 945-960 points.

 

Future contracts: All future contracts gained in agreement with the general trend of the index. Investors should prioritize buying with target price around 919 points for long-term contracts.

 

Covered warrants: In the trading session on November 9th 2020, covered warrants and underlying stocks were mostly in green. Trading value increased compared to the previous session.

Technical analysis: TNG_Breakout

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

 

• VN-Index +13.7 points, closed at 951.99. HNX-Index +2.3 points, closed at 141.61.

• Pulling up the index: VHM (+2.15); MSN (+1.96); HPG (+1.04); VIC (+0.94); CTG (+0.73).

• Pulling the index down: NVL (-0.16); SAB (-0.07); KOS (-0.03); ASG (-0.03); FLC (-0.02).

• The matched value of VN-Index reached VND 7,052 billion, +48.59% compared to the previous session.

• Amplitude is 13.7 points. The market has 318 gainers, 60 reference codes and 117 losers.

• Foreign net-selling value: VND -203.71 billion on HOSE, including MSN (VND -183.1 billion), HPG (VND -40.8 billion) and NVL (VND -27.2 billion). Foreigners were net sellers on the HNX with a value of -1.15 billion dong.