20201210_BSC_Vietnam Daily Review_EN_ Selling pressure increased gradually in the afternoon session _TA_ NVL_ Positive signal

Stock market: VN-Index stayed in green in the morning but selling pressure increased in the afternoon so the index moved to close to 1030. Investment cash flow dropped and only 3 out of 19 sectors gained. Meanwhile, foreign investors continued to be net buyers on the HSX but were net sellers on the HNX. Besides, market breadth turned to negative and liquidity continued to increase compared to the previous session. According to our assessment, the VNIndex will have fluctuations in the last trading day of the week.

 

Future contracts: All future contracts decreased following VN30. Investors might consider selling with target price around 985 points for short-term contracts.

 

Covered warrants: In the trading session on December 10, 2020, majority of coverred warrants decreased following underlying securities. Trading value increased strongly. 

 

Technical analysis: NVL_ Positive signal

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

• VN-Index -8.22 points, closed at 1030.91. HNX-Index +0.56 points, closed at 159.3.

• Pulling up the index: VNM (+1.29); VCB (+0.31); BID (+0.28); NVL (+0.25); HNG (+0.16).

• Pulling the index down: VIC (-0.92); VHM (-0.89); GAS (-0.77); HPG (-0.67); MSN (-0.51).

• The matched value of VN-Index reached VND 10,853 billion, +6.68% compared to the previous session.

• Amplitude is 13.19 points. The market has 123 gainers, 52 reference codes and 326 losers.

• Foreign net-buying value: VND 253.02 billion on HOSE, including HPG (VND 366.8 billion), FUEVFVND (VND 118.7 billion) and VNM (VND 71.5 billion). Foreigners were net sellers on the HNX with a value of -2.72 billion dong.