20210118_BSC_Vietnam Daily Review_EN_ Fail to break 1200_TA_ PNJ_ Maintain momentum

Stock market: At the beginning of the session, the VNIndex rose quickly above the 1200 points, but the pressure of taking profit gradually reduced points but still ended the session above 1190. Cash flow declined with 9 out of 19 sectors gaining points. In addition, foreign investors continued to be net sellers on both exchanges, the HSX and HNX. Besides, market breadth turned to sideways status and the liquidity was not much different from the previous session. According to our assessment, the VNIndex may experience declines after a long period of hot increases this week.

 

Futures: All future contracts dropped in agreement with the general trend of the index. Investors should prioritize selling with target price around 1185 points for long-term contracts.

 

Covered Warrant: In the trading session on January 18th 2021, covered warrants and underlying stocks had a differentiation in status. Trading value increased compared to the previous session.

 

Technical analysis: PNJ_ Maintain momentum

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

 

• VN-Index -2.26 points, closed at 1191.94. HNX-Index +5.03 points, closed at 230.50.

• Pulling up the index: GVR (+0.99); MSN (+0.68); BCM (+0.55); VRE (+0.40); KBC (+0.32).

• Pulling the index down: CTG (-0.88); VIC (-0.81); TCB (-0.60); VHM (-0.53); VPB (-0.52).

• The matched value of VN-Index reached VND 16,008 billion, -1.89% compared to the previous session. The total trading value reached VND 17,168 billion.

• Amplitude is 10.52 points. The market has 273 gainers, 31 reference codes and 201 losers.

• Foreign net-selling value: VND -557.92 billion on HOSE, including HPG (-371.1 billion), SSI (-78.5 billion) and VHM (-60.8 billion). Foreigners were net sellers on the HNX with a value of -43.74 billion dong.