20201120_BSC_Vietnam Daily Review_EN_Passed 1000 points_TA_GEG_Uptrend

Stock market: VN-Index surpassed the threshold of 1000 points in today's session with strong buying power at the end of ATC session. Investment cash flow was weaker than the previous session when 14 out of 19 sectors gained. Market liquidity decreased slightly, market amplitude widened and market breadth was balanced. All these indicators are showing the beginning of a cautious trading trend at 1000 points. Foreign investors turned to be net sellers on HOSE while being net buyers on HNX. BSC predicts that the VN-Index will continue to move around this 1000-point level before forming a new trend in the midterm.

 

Future contracts: All future contracts gained in agreement with the general trend of the index. Investors should prioritize buying with target price around 970 points for all contracts.

Covered warrants: In the trading session on November 26th 2020, covered warrants and underlying stocks had a differentiation in status. Trading value fell sharply compared to the previous session.

 

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

 

• VN-Index +6.74 points to close at 990.00 points. HNX-Index +0.36 points, to close 147.21 points.

• Pulling the index up: BID (+1.45), CTG (+1.08), BCM (+0.75), GVR (+0.55), VCB (+0.51).

• Pulling the index down: VHM (-0.74); HPG (-0.46); VNM (-0.35); VRE (-0.23); BVH (-0.12).

• The matched value of VN-Index reached VND 8,357 billion, - 8.5% from the previous session.

• The fluctuation range was 11.06 points, wider than the previous session. There were 203 advancers, 76 reference codes and 216 decliners.

• Foreign investors' net buying: -476.49 billion dong on HOSE, including HDB (VND -299.0 billion), HPG (VND -157.4 billion), and MBB (VND -54.6 billion). Foreigners were net sellers on the HNX with the value of VND 8.62 billion.