20210126_BSC_Vietnam Daily Review_EN_ Continued strong correction _TA_ HBC_Positive

Stock market: VNIndex fell sharply in the morning session then recovered slightly and stayed above 1130 in the afternoon session. In the market, investment cash flow decreased and only 2 out of 19 sectors increased. However, foreign investors continued to be net sellers on both HSX and HNX. Besides, market breadth turned to negative status with increased liquidity compared to the previous session. According to our assessment, the VNIndex might struggle around 1130 when it is the index's support area in the short term.

 

Future contracts: All future contracts decreased following VN30. Investors might consider buying for long-term contracts.

 

Covered warrants: In the trading session on January 26, 2021, majority of coverred warrants decreased following underlying securities. Trading value decreased. 

 

Technical analysis: HBC_Positive

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

 

• VN-Index -29.93 points, closed at 1136.12. HNX-Index -4.02 points, closed at 227.82.

• Pulling up the index: NVL (+0.33); MBB (+0.16); FLC (+0.09); DXG (+0.09); HBC (+0.07).

• Pulling the index down: VIC (-2.9); VCB (-2.89); GVR (-2.32); BID (-2.23); CTG (-2.08).

• The matched value of VN-Index reached VND 15,030 billion, +2.49% compared to the previous session. The total trading value reached 16,274 VND billion.

• Amplitude is 43.94 points. The market has 78 gainers, 23 reference codes and 395 losers.

• Foreign net-selling value: VND -154.13 billion on HOSE, including HPG (-91.4 billion), VNM (-86.2 billion) and GAS (-34.9 billion). Foreigners were net sellers on the HNX with a value of -1.95 billion dong.