20201203_BSC_Vietnam Daily Review_EN_Lasting uptrend_TA_ OIL_Consolidating

Stock market: The lasting uptrend is approaching the resistance level of 1,025 points. Investment cash flow maintained the trend to spread into the market with 16 out of 19 industry sector gaining points. Market liquidity increased again, market amplitude remained unchanged and market breadth was positive. All these indicators are supporting the current uptrend. At the same time, Foreign investors were net buyers on HOSE while being net seller on HNX. With the VN-Index about to approach the threshold of 1,025 points, investors may consider short-term profit-taking actions on stocks that had a large upside during the recent rally.

 

Future contracts: All future contracts gained in agreement with the general trend of the index. Investors should prioritize buying with target price around 990 points for short-term contracts.

 

Covered warrants: In the trading session on December 3, 2020, covered warrants and underlying stocks had a differentiation in status. Trading value decreased compared to the previous session.

 

Technical analysis: OIL_Consolidating

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

 

• VN-Index +5.48 points, closing 1,019.80 points. HNX-Index +1.19 points, to close at 151.99 points.

• Dragging the index up: HPG (+1.43), VIC (+0.75), VPB (+0.41), POW (+0.39), BCM (+0.37).

• Drag the index down: SAB (-0.32); VHM (-0.28); MBB (-0.27); PLX (-0.11); VJC (-0.11).

• The matched value of VN-Index reached VND 9,208 billion, + 10.1% compared to the previous session.

• The fluctuation range was 6.29 points, almost unchanged from the previous session. There were 267 advancers, 84 reference codes and 146 decliners.

• Foreign investors' net buying value: VND 444.22 billion on HOSE, including VPB (VND 128.5 billion), HPG (VND 59.2 billion), and VNM (VND 40.4 billion). Foreigners were net sellers on the HNX with the value of VND -9.81 billion.