Market outlook
Stock market: Lasting from the previous session, the excited upturn helped the VN-Index continue to rise and successfully surpass the resistance level of 1,070 points. Investment cash flow maintained the trend to spread into the market with 16/19 industry groups gaining points. The market liquidity maintained an increase, the market's amplitude slightly decreased and the positive market breadth were all supporting this current uptrend. At the same time, foreign investors were net buyers on both HOSE and HNX. VN-Index might retest the resistance level of 1,100 points in the coming period thanks to the positive macro information along with the investment cash flow of both domestic and foreign investors maintaining this rally.
Future contracts: All future contracts gained in agreement with the general trend of the index. Investors should prioritize buying with target price around 1060 points for VN30F2101.
Covered warrants: In the trading session on December 21, 2020, covered warrants and underlying stocks were mostly in green. Trading value increased dramatically compared to the previous session.
Technical analysis: PVB_Continuing uptrend
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)
Highlights
• VN-Index +13.62 points, to close 1,081.08 points. HNX-Index +5.09 points, closing 182.11 points.
• Pulling the index up: GVR (+1.91), VHM (+1.64), VIC (+1.57), VPB (+0.91), GAS (+0.73).
• Drag the index down: SAB (-0.32); MSN (-0.10); KOS (-0.07); VHC (-0.06); HPG (-0.05).
• The matched value of VN-Index reached 13,101 billion VND, + 11.3% compared to the previous session.
• The fluctuation range is 10.74 points, slightly down from the previous session. There were 292 advancers, 62 unchange and 138 decliners.
• Foreign investors' net buying value: VND 150.71 billion on HOSE, including FUEVFVND (VND 100.2 billion), HPG (VND 53.3 billion) and VCB (VND 31.4 billion). Foreigners were net buyers on the HNX with the value of VND 0.28 billion.