20210310_BSC_Vietnam Daily Review_EN_Market rally_TA_ VCI_Breakout

Stock market: VN-Index gained after yesterday corrected session. Investment cash flow flows into the market when 14 out of 19 sectors have risen. Lower market liquidity and positive market breadth showed positive trading signals from investors. Foreign investors remained net sellers on both HSX and HNX. With the trend of cash flow moving into the Midcap group, BSC recommends investors to increase their portfolio proportion in small and mid-cap stocks when foreign investors continue net-selling large-cap stocks.

 

 

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

 

Covered warrants: In the trading session on March 10, 2021, majority of coverred warrants increased following underlying securities. Trading value decreased strongly. 

 

 

Technical analysis: VCI_Breakout

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

 

 

• VN-Index +8.11 points, to close 1,170.08 points. HNX-Index +2.27 points, closing 267.10 points.

• Pulling the index up: VIC (+1.54), VHM (+1.52), VCB (+0.50), MBB (+0.49), ACB (+0.40)

• Pulling the index down: GAS (-0.87), PLX (-0.28), LGC (-0.26), HPG (-0.22), VGC (-0.14).

• The matched value of VN-Index reached VND 13,162 billion, -8.7% compared to the previous session. The total trading value reached VND 17,625 billion.

• The fluctuation range is 15.70 points, wider than the previous session. The market had 279 gainers, 59 reference stocks and 177 losers.

• Foreign investors' net selling value: VND -473.56 billion on HOSE, including VNM (VND -185.4 billion), CTG VND (-84.9 billion), and HPG (VND -80.5 billion). Foreigners were net sellers on the HNX with the value of VND -6.35 billion.