20210311_BSC_Vietnam Daily Review_EN_The growth continues_TA_ STB_Positive Signal

Stock market: The uptrend continued in today's session, helping the market return to the resistance level of 1180 points. Cash flow was flowing into the market when there were 17/19 gaining points. A slightly increased liquidity and positive market breadth are reflecting positive trading activity in the market. Although foreign investors remained net sellers on both HSX and HNX, their net selling value is declining. If the trend of net selling continues to decline and market liquidity remains stable, the VN-Index may retest the 1180-1200 range in the near future.

 

 

Future contracts: All future contracts increased following VN30. Investors might consider selling for short-term contracts.  

 

Covered warrants: In the trading session on March 11, 2021, majority of coverred warrants increased following underlying securities. Trading value increased. 

 

 

Technical analysis: STB_Positive Signal

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

 

 

• VN-Index +11.65 points to close 1,181.73 points. The HNX-Index +6.42 points, to close at 273.52 points.

• Pulling the index up: BID (+1.40), VPB (+1.15), VNM (+0.95), TCB (+0.80), VCB (+0.79)

• Pulling the index down: LGC (-0.24), VIC (-0.09), PLX (-0.07), BHN (-0.06), HVN (-0.04).

• The matched value of VN-Index reached VND 13,590 billion, + 3.3% from the previous session. Total trading value reached VND 15,102 billion.

• The fluctuation range was 13.65 points, narrower compared to the previous session. There were 297 gainers, 53 gainers and 165 losers in the market.

• Foreign investors' net selling: -267.36 billion dong on HOSE, including VNM (VND -117.5 billion), HPG (VND -43.7 billion) and VCB (VND -40.4 billion). Foreigners were net sellers on the HNX with the value of VND -17.21 billion.