20201118_BSC_Vietnam Daily Review_EN_Foreign Strong Buy_TA_ VGT_ Rising

Stock market: After yesterday's burst, the sudden increase trend has returned to a stable level. Investment cash flow continued to spread into the market when there were 15 out of 19 sectors gaining points. Market liquidity increased strongly, market margin was positive and market breadth narrowed, showing that positive sentiment still dominates trading activities during the session. The remarkable point in today's session was that foreign investors were net buyers on HOSE and focused mainly on MSCI stocks such as VIC, VNM, VRE and VCB. This net buying trend, if prolonged, will help the market maintain the uptrend above 970 points.

 

Future contracts: Except for VN30F2011, all future contracts increased following VN30. Investors might consider selling with target price around 920 points for long-term contracts. 

 

Covered warrants: In the trading session on November 18, 2020, majority of coverred warrants increased, while underlying securities diverged in terms of price. Trading value increased strongly. 

 

Technical analysis: VGT_ Rising

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

 

• VN-Index +4.63 points, closing 973.53 points. HNX-Index +0.22 points, closing at 146.8 points.

• Pulling the index up: GAS (+2.38), GVR (+1.22), HPG (+1.15), VNM (+1.04), CTG (+0.26).

• Pulling the index down: VIC (-1.03); VHM (-0.93); MSN (-0.68); BID (-0.28); MWG (-0.18).

• The matched value of VN-Index reached VND 8,858 billion, + 21.4% from the previous session.

• The fluctuation range was 7.98 points, narrower than the previous session. The market had 244 gainers, 77 unchange and 176 losers.

• Foreign investors' net buying value: VND 459.17 billion on HOSE, including VIC (VND 308.7 billion), VNM (VND 101.4 billion) and VRE (VND 50.1 billion). Foreigners were net sellers on the HNX with the value of VND -15.83 billion.