20210122_BSC_Vietnam Daily Review_EN_The trend fluctuates unpredictably_TA_ CSM_ Breakout

Stock market: In the morning session, the rise of the VNIndex was significantly extended, helping the VNIndex surpass 1175 points, in the afternoon session, the pressure of strong fluctuations continued until the end of the session, causing the VNIndex to increase only 2 points from the previous session. On the market, cash flow was still positive with 10/19 sectors gaining points. However, foreign investors continued to be net sellers on both HSX and HNX. Besides, market breadth turned to sideway state with a slight increase in liquidity compared to the previous session. According to our assessment, with signals from technical analysis and cut-loss psychology of investors, the possibility of short-term recovery is not clear.

 

Futures: Except for VN30F2109, all future contracts decreased in contrast with VN30. Investors might consider selling for short-term contracts.

 

Covered Warrant: In the trading session on January 22, 2021, majority of underlying securities increased while coverred warrants diverged in terms of price. Trading value increased slightly. 

 

Technical analysis: CSM_ Breakout

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

 

• VN-Index +2.57 points, closed at 1166.78. HNX-Index -0.15 points, closed at 240.12.

• Pulling up the index: BCM (+1.09); NVL (+0.85); CTG (+0.61); MSN (+0.58); VJC (+0.40).

• Pulling the index down: BID (-1.31); VNM (-0.88); HPG (-0.48); GAS (-0.46); TPB (-0.21).

• The matched value of VN-Index reached VND 14,691 billion, +4.6% compared to the previous session. The total trading value reached 16,021 VND billion.

• Amplitude is 14.29 points. The market has 211 gainers, 57 reference codes and 233 losers.

• Foreign net-selling value: VND -50.4 billion on HOSE, including HPG (-132.44 billion), VNM (-107.42 billion) and CTG (-92.65 billion). Foreigners were net sellers on the HNX with a value of -14.22 billion dong.