20210121_BSC_Vietnam Daily Review_EN_The market rebounded strongly_TA _HLD_ Consolidating

Stock market: In the morning session, the market traded in the cautiousness of investors, but in the afternoon session, the VNIndex began to show signs of recovery and by the end of the session, it increased more than 29 points. In addition, cash flow was positive with 19/19 sectors gaining points. However, foreign investors turned back to be net sellers on both HSX and HNX. Besides, market breadth turned to a positive status with lower liquidity compared to the previous session. According to our assessment, in the long term, the VNIndex is still on an upward trend, but in the short term, it can still fluctuate as strongly as the previous two sessions.

 

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 21, 2021, majority of coverred warrants increased following underlying securities. Trading value decreased. 

 

Technical analysis: HLD_ Consolidating

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

 

• VN-Index +29.53 points, closed at 1164.21. HNX-Index +7.01 points, closed at 240.27.

• Pulling up the index: VCB (+3.95); HPG (+2.30); TCB (+1.64); VIC (+1.62); CTG (+1.36).

• Pulling the index down: VRE (-0.12); SAB (-0.12); EIB (-0.06); HPX (-0.06); PDN (-0.02).

• The matched value of VN-Index reached VND 14,040 billion, -21.88% compared to the previous session. The total trading value reached 15,758 VND  billion.

• Amplitude is 31.55 points. The market has 425 gainers, 41 reference codes and 42 losers.

• Foreign net-selling value: VND -236.18 billion on HOSE, including HPG (-110.34 billion), VRE (-101.02 billion) và E1VFVN30 (-62.46 billion). Foreigners were net sellers on the HNX with a value of -6.46 billion dong.