20210316_BSC_Vietnam Daily Review_EN_Corrected to under 1180_TA_ FIR_Consolidating

Stock market: VNIndex was in the red for most of the trading time and has now moved to below 1180. In the market, investment cash flow declined and only 5 out of 19 sectors gained. In addition, foreign investors are still net sellers on both HSX and HNX. Besides, market breadth turned negative with liquidity not much different from the first session of the week. According to our assessment, the VNIndex may continue correcting in the next few sessions but will not fall deeply.

 

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

 

Covered warrants: In the trading session on March 16, 2021, majority of coverred warrants decreased following underlying securities. Trading value increased strongly.  

 

 

Technical analysis: FIR_Consolidating

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

 

 

• VN-Index -4.66 points, closed at 1179.9. HNX-Index +0.69 points, closed at 275.88.

• Pulling up the index: FPT (+1); SAB (+0.63); PLX (+0.23); VRE (+0.22); MSB (+0.12).

• Pulling the index down: GVR (-0.89); VNM (-0.66); BID (-0.64); VCB (-0.59); VIC (-0.55).

• The matched value of VN-Index reached VND 13,521 billion, -2.16% compared to the previous session. The total trading value reached 15,313 VND billion.

• Amplitude is 13.15 points. The market has 162 gainers, 56 reference codes and 297 losers.

• Foreign net-selling value: VND -253.78 billion on HOSE, including VNM (-223.8 billion), MBB (-60 billion) and HPG (-39.9 billion). Foreigners were net sellers on the HNX with a value of -2.61 billion dong.