20201202_BSC_Vietnam Daily Review_EN_Approaching the threshold of 1,025 points_TA_LPB_Continuing Uptrend

Stock market: The VN-Index suddenly fell quite deeply to below the level of 990 at the beginning of the morning, but the demand gradually returned, helping the index to reverse and ended the session with a slight increase. Investment cash flow improved again with 15/19 sectors gaining. Meanwhile, foreign investors were net buyers on both HSX and HNX. Besides, market breadth was in balance and liquidity increased from the previous session. According to our assessment, VNIndex will continue to have fluctuating sessions this week.

Future contracts: Most of future contracts gained in agreement with the general trend of the index, except for VN30F2012. Investors should prioritize selling with target price around 960 points for short-term contracts.

 

Covered warrants: In the trading session on December 2, 2020, covered warrants and underlying securities had a differentiation in status. Trading value increased compared to the previous session.

 

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

 

Highlights 

• VN-Index +5.45 points, to close 1,014.32 points. HNX-Index +1.87 points, closed 150.80 points.

• Pulling the index up: VHM (+1.77), VCB (+1.55), SAB (+0.59), TCB (+0.58), VIB (+0.53).

• Index pulls down: BCM (-0.50); VNM (-0.41); HPG (-0.28); MWG (-0.25); BID (-0.22).

• The matched value of VN-Index reached VND 8,357 billion, - 7.6% from the previous session.

• The fluctuation range was 7.95 points, narrower than the previous session. The market had 234 gainers, 65 reference stocks and 199 losers.

• Foreign investors' net selling value: VND -1152.31 billion on HOSE, including DIG (VND -1,644 billion), HPG (VND -77.5 billion), and MBB (VND -23.5 billion). Foreigners were net buyers on the HNX with the value of VND 8.62 billion.