Market outlook
Stock market: VN-Index continued to increase strongly in the session at the end of this week. Investment cash flow maintained the spreading into the market trend when there were 18/19 sectors gaining points. Market liquidity increased slightly, market amplitude widened and market breadth was positive. All these signals are confirming the uptrend of the VN-Index. However, foreign investors were net sellers on both HSX and HNX. The VN-Index is expected to continue its uptrend next week and might suffered from a slight correction before the resistance level of 1,200 points.
Futures: All future contracts increased following VN30. Investors might consider selling for short-term contracts.
Covered Warrant: In the trading session on January 08, 2021, majority of coverred warrants increased following underlying securities. Trading value increased.
Technical analysis: PTB_ Maintain momentum
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)
Highlights
• VN-Index +11.20 points, to close 1,167.69 points. HNX-Index +1.17 points, to close 217.43 points.
• Pulling the index up: VIC (+1.54), VHM (+1.44), NVL (+1.17), TCB (+1.04), VRE (+1.00).
• Pulling the index down: VCB (-2.20); BID (-0.43); CTG (-0.15); VIB (-0.08); HNG (-0.08).
• The matched value of VN-Index reached VND 16,309 billion, + 2.5% from the previous session.
• The fluctuation range is 15.85 points, widening from the previous session. The market had 311 gainers, 55 reference stocks and 137 losers.
• Foreign investors' net selling: VND -325.5 billion on HOSE, including HPG (VND -305.1 billion), SSI (VND -74.9 billion), and DXG (VND -68.3 billion). Foreigners were net sellers on the HNX with the value of VND -28.0 billion.