20201117_BSC_Vietnam Daily Review_EN_The market suddenly passed 960 points_TA_ BSR_ Breakout the background

Stock market: After the news that the two COVID-19 vaccines were effective, the Vietnamese stock market as well as other stock markets around the world had a positive recovery session. Cash flow was strongly flowing into the market with all 19/19 sectors increasing. Liquidity declined but the amplitude of fluctuations widened and market breadth was positive, reflecting the excitement of investors in today's session. Foreigners were net sellers on both the HSX and HNX. The stock market becomes more attractive with investors expecting an economic recovery thanks to the positive results from COVID-19 vaccine.

 

Future contracts: All future contracts increased following VN30. Investors might consider buying with target price around 945 points for short-term contracts. 

 

Covered warrants: In the trading session on November 17, 2020, majority of coverred warrants increased following underlying securities. Trading value decreased strongly. 

 

Technical analysis: BSR_ Breakout the background

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

 

• VN-Index +18.11 points, closing 968.90 points. HNX-Index +3.22 points, closing at 146.58 points.

• Pulling the index up: VIC (+3.75); VCB (+1.85); GAS (+1.59); VHM (+1.57); GVR (+1.27).

• Pulling the index down: VSH (-0.05); KDC (-0.04); LGC (-0.04); BCM (-0.03); APH (-0.02).

• The matched value of VN-Index reached 7,296 billion dong, -18.6% from the previous session.

• The fluctuation range was 15.68 points, wider than the previous session. There were 320 gainers, 74 reference stocks and 104 losers on the market.

• Foreign investors' net selling value: -117.38 billion dong on HOSE, including HDB (VND -144.2 billion), PVD (VND -39 billion) and VPB (VND -27.5 billion). Foreigners were net sellers on the HNX with the value of VND -6.65 billion.