20201124_BSC_Vietnam Daily Review_EN_ Increase back to the end of the session _TA_ TV2_Breakout

Stock market: VN-Index saw short-term profit-taking pressure during the session and sometimes slipped below 985, but the demand in the afternoon helped the index back up slightly at the end of the session. Investment cash flow declined and only 5 out of 19 sectors gained. Meanwhile, foreign investors continued to be net buyers on the HSX and net sellers on the HNX. Besides, market breadth turned negative and liquidity increased from the previous session. According to our assessment, the pull-about trend below 1000 will still be the main movement of the VNIndex in the coming sessions.

 

Future contracts: All future contracts increased in contrast with VN30. Investors might consider selling with target price around 940 points for long-term contracts. 

 

Covered warrants: In the trading session on November 24, 2020, majority of coverred warrants decreased following underlying securities. Trading value increased strongly. 

 

Technical analysis: TV2_Breakout

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

 

• VN-Index +1.57 points, closed at 995.76. HNX-Index -0.6 points, closed at 147.58.

• Pulling up the index: VHM (+3.04); VCB (+0.83); LGC (+0.24); VIC (+0.19); TPB (+0.17).

• Pulling the index down: VNM (-0.57); GAS (-0.53); BID (-0.44); MSN (-0.35); SAB (-0.23).

• The matched value of VN-Index reached VND 10,940 billion, +19.04% compared to the previous session.

• Amplitude is 13.07 points. The market has 169 gainers, 64 reference codes and 263 losers.

• Foreign net-buying value: VND 141.8 billion on HOSE, including HPG (VND 123.8 billion), VRE (VND 69.2 billion) and GAS (VND 28.4 billion). Foreigners were net sellers on the HNX with a value of -19.41 billion dong.