20200106_BSC_Vietnam Daily Review_EN__Heading toward 1,150 points_TA_ MPC_Rising

Stock market: Green color still covered the market in today's session. The investment cash flow is showing signs of flowing into some key sectors when only 12/19 sectors have risen. Market liquidity increased slightly, market amplitude widened and positive market breadth reflected strong domestic cash flows in the market. Foreign investors turned to be net buyers on the HSX while they were net sellers on the HNX. With cash flow from domestic and foreign investors continuing to support the market uptrend, the VN-Index is likely to successfully retest the 1,150 points threshold in the comiing sessions. However, BSC would like to note that the hearing session about Vietnam's currency manipulation conducted by the US commerce department, which will take place on January 7 (US time), may cause some strong fluctuation to the market.

 

Futures: All future contracts increased following VN30. Investors might consider selling with target price around 1095 points for short-term contracts.

 

Covered Warrant: In the trading session on January 06, 2021, majority of coverred warrants increased following underlying securities. Trading value increased strongly. 

 

 

Technical analysis: MPC_Rising 

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

 

• VN-Index +10.66 points, to close 1,143.21 points. HNX-Index +3.55 points, closed 211.68 points.

• Pulling the index up: VCB (+5.69), CTG (+2.45), BID (+0.98), BCM (+0.53), VIC (+0.46).

• Pulling the index down: GVR (-0.81); VHM (-0.72); VNM (-0.56); MSN (-0.32); POW (-0.19).

• The matched value of VN-Index reached VND 15,914 billion, + 7.8% from the previous session.

• The fluctuation range is 19.15 points, widening from the previous session. There were 244 gainers, 64 codes at reference price and 197 losers.

• Foreign investors' net buying value: VND 227.16 billion on HOSE, including CTG (VND 108.4 billion), VCB (VND 61 billion) and HDB (VND 51.8 billion). Foreigners were net sellers on the HNX with the value of VND -14.11 billion.