20210219_BSC_Vietnam Daily Review_EN_ Struggling around the reference _TA_HNG_Positive

Market outlook  

Stock market: Although VNIndex fell to below 1160 in the first few minutes, it rose again and mainly struggled around the reference level. In the market, investment cash flow decreased slightly but remained at high level with 14 out of 19 sectors gaining points. In addition, foreign investors were net sellers on both HSX and HNX. Besides, market breadth turned to equilibrium with liquidity decreased slightly from the previous session. According to our assessment, VN-Index is likely to move to challenge the historic peak of 1200 next week.

 

Future contracts: Except for VN30F2109, all future contracts decreased following VN30. Investors might consider buying with target price around 1200 points for long-term contracts 

 

Covered warrants: In the trading session on February 19, 2020, majority of coverred warrants decreased following underlying securities. Trading value decreased. 

 

Technical analysis: HNG_Positive 

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

 

• VN-Index -0.88 points, closed at 1173.5. HNX-Index +0.22 points, closed at 231.18.

• Pulling up the index: ACB (+1.2); BID (+0.76); GVR (+0.66); MBB (+0.5); LGC (+0.29).

• Pulling the index down: VIC (-0.9); GAS (-0.65); VNM (-0.61); VCB (-0.49); VPB (-0.48).

• The matched value of VN-Index reached VND 13,527 billion, -3.32% compared to the previous session. The total trading value reached 14,745 VND billion.

• Amplitude is 20.58 points. The market has 203 gainers, 57 reference codes and 230 losers.

• Foreign net-selling value: VND -12.85 billion on HOSE, including VNM (-116.2 billion), CTG (-96.3 billion) and HSG (-54.5 billion). Foreigners were net sellers on the HNX with a value of -0.61 billion dong.