20201223_BSC_Vietnam Daily Review_EN_ Selling pressure increased in the afternoon session _TA_ DPG_Positive Signal

Stock market: VNIndex remained in green in the whole morning session but selling pressure increased in the afternoon so the index dropped to below reference level. Investment cash flow declined and only 7 out of 19 industry groups gained. Meanwhile, foreign investors were net sellers on both HSX and HNX. In addition, the market breadth was in equilibrium and the liquidity continued to increase compared to the previous session. According to our assessment, VN-Index may fluctuate unpredictably in the next sessions.

 

Futures: All future contracts decreased following VN30. Investors might consider selling with target price around 1040 points for long-term contracts.

 

Covered Warrant: In the trading session on December 23, 2020, majority of underlying securities decreased, while coverred warrants diverged in terms of price.

 

 

Technical analysis: DPG_Positive Signal

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

 

• VN-Index -4.55 points, closed at 1078.9. HNX-Index +2.4 points, closed at 190.25.

• Pulling up the index: MSB (+0.72); HPG (+0.6); BCM (+0.56); VHM (+0.45); BVH (+0.35).

• Pulling the index down: GVR (-1.4); VPB (-0.64); TCB (-0.47); SAB (-0.43); VCB (-0.4).

• The matched value of VN-Index reached VND 13,615 billion, +5.97% compared to the previous session.

• Amplitude is 16.17 points. The market has 224 gainers, 57 reference codes and 215 losers.

• Foreign net-selling value: VND -161.9 billion on HOSE, including KBC (VND -80.7 billion), VRE (VND -49.5 billion) and GEX (VND -44.9 billion). Foreigners were net sellers on the HNX with a value of -9.99 billion dong.