20210224_BSC_Vietnam Daily Review_EN__A shaken session_TA_ SHS_Maintain Uptrend

Stock market: The VN-Index corrected to the threshold of 1162 points before the short-term resistance at 1180 points. Investment cash flow exits the market when only 2 out of 19 sectors have gained. Constant liquidity, widening market spread and negative market breadth indicated short-term profit-taking sentiment among investors. Foreign investors continued to be net sellers on both HSX and HNX. If selling pressure from both domestic and foreign investors continues, the market might correct back to 1,150 in the short term before forming a new trend.

 

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

 

Covered warrants: In the trading session on February 24, 2021, majority of coverred warrants decreased following underlying securities. Trading value decreased slightly. 

 

Technical analysis: SHS_Maintain Uptrend

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

 

• VN-Index -15.63 points, to close 1,162.01 points. HNX-Index -0.89 points, to close 237.97 points.

• Pulling the index up: CTG (+0.45), LGC (+0.28), HPG (+0.27), PLX (+0.17), DGC (+0.09)

• Dragging the index down: VHM (-2.24), VCB (-1.88), VIC (-1.63), GVR (-1.17), BID (-1.02).

• The matched value of VN-Index reached VND 14,105 billion, + 1.2% from the previous session. The total trading value reached VND 15,017 billion.

• The fluctuation range is 31.22 points, widening from the previous session. There were 93 gainers, 44 reference codes and 357 losers.

• Foreign investors' net selling value: VND -684.62 billion on HOSE, including VNM (VND -126.8 billion), VHM (VND -76.2 billion) and SSI (VND -55.4 billion). Foreigners were net sellers on the HNX with the value of VND -4.06 billion.