20210120_BSC_Vietnam Daily Review_EN_The market fluctuated significantly_TA_ PVT_ Positive

Stock market: In the morning session, the VNIndex fluctuated significantly, sometimes increased by more than 12 points, sometimes decreased by more than 30 points, but the market gradually stabilized in the afternoon session with a narrower range. Cash flow of investment was positive with 11/19 sectors gaining points. In addition, foreign investors continued to be net buyers on both exchanges, HSX and HNX. However, market breadth was in a negative sideways state with lower liquidity compared to the previous session. According to our assessment, VN-Index may still have strong volatility sessions due to psychological factors and arbitrage transactions in the maturity week of derivative contracts.

 

Futures: All future contracts increased following VN30. Investors might consider buying with target price around 1190 points for long-term contracts.

 

Covered Warrant: In the trading session on January 20, 2021, majority of coverred warrants increased following underlying securities. Trading value decreased. 

 

Technical analysis: PVT_ Positive

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

 

• VN-Index +3.68 points, closed at 1134.68. HNX-Index +9.24 points, closed at 233.26.

• Pulling up the index: GAS (+0.78); NVL (+0.77); VNM (+0.74); VHM (+0.62); TCB (+0.57).

• Pulling the index down: GVR (-0.73); VRE (-0.3); CTG (-0.25); BVH (-0.14); HNG (-0.13).

• The matched value of VN-Index reached VND 16,478 billion, -8.32% compared to the previous session. The total trading value reached VND 17,783 billion.

• Amplitude is 44.43 points. The market has 209 gainers, 52 reference codes and 235 losers.

• Foreign net-buying value: VND 222.22 billion on HOSE, including VNM (101.57 billion), FUEVFVNM (101.36 billion) và VHM (85.31 billion). Foreigners were net buyers on the HNX with a value of 3.02 billion dong.