20210119_BSC_Vietnam Daily Review_EN_ The market fell sharply_TA_ VRC_ Rising

Stock market: The VNIndex strongly decreased in the morning and lost more than 70 points. By the afternoon session, the downtrend tended to slow down, helping VnIndex to drop only 60 points. Cash flow declined sharply with 18/19 sectors falling points. The positive news was that foreign investors returned to net buyers on both exchanges, the HSX and HNX. However, market breadth turned to negative state with strong increase in liquidity compared to the previous session. According to our assessment, The VNIndex may still see strong volatility sessions due to psychological factors and arbitrage transactions in the maturity week of derivative contracts.

 

Futures: All future contracts dropped in agreement with the general trend of the index. Investors should prioritize buying with target price around 1195 points for all contracts.

 

Covered Warrant: In the trading session on January 19th 2021, covered warrants and underlying stocks were mostly in red. Trading value decreased compared to the previous session.

 

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

 

• VN-Index -60.94 points, closed at 1131.0. HNX-Index -6.48 points, closed at 224.02.

• Pulling up the index: FIT (+0.0331); TCM (+0.0324); GMC (+0.0159); SGT (+0.012); RIC (+0.0106).

• Pulling the index down: VIC (-6.78); VCB (-4.33); VHM (-3.75); BID (-3.60); VNM (-3.15).

• The matched value of VN-Index reached VND 17,974 billion, +12.28% compared to the previous session. The total trading value reached VND 20,363 billion.

• Amplitude is 72.74 points. The market has 44 gainers, 19 reference codes and 437 losers.

• Foreign net-buying value: VND 124.05 billion on HOSE, including VRE (72.7 billion), VHM (71.4 billion) và LPB (32.8 billion). Foreigners were net buyers on the HNX with a value of 16.33 billion dong.