20210325_BSC_Vietnam Daily Review_EN_ Retest 1160 _TA_ VPH_Rising

Stock market: The VN-Index is retesting the support level of 1160 points when the market maintains its sideways trend today. Investment cash flow flows into the market when 9 out of 19 sectors have risen. Liquidity fell slightly and market breadth was strongly negative, reflecting the cautious trading sentiment. The remarkable note in today session was that foreign investors were net buyers on HSX which focused mainly on buying VIC shares. This phenomenon may be a sign that Fubon FTSE fund is starting to disburse a part of the VND 8000 billion fund. BSC maintains that VN-Index is likely to consolidate in the range 1160-1180 points and recommend investors to open short-term positions at some VN30 stocks.

 

Future contracts: All future contracts decreased following VN30. Investors might consider buying with target price around 1170 points for long-term contracts. 

 

Covered warrants: In the trading session on March 25, 2021, both coverred warrants and underlying securities diverged in terms of price. Trading value increased. 

 

Technical analysis: VPH_Rising 

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

 

 

• VN-Index +1.29 points, closed 1,163.10 points. HNX-Index -1.50 points, closing 267.19 points.

• Pulling the index up: VIC (+2.25), SSB (+0.45), CTG (+0.40), VCB (+0.39), HVN (+0.32)

• Pulling the index down: GVR (-0.58), VPB (-0.56), VHM (-0.45), HPG (-0.40, VRE (-0.34).

• The matched value of the VN-Index reached VND 14,827 billion, -8.7% from the previous session. The total trading value reached VND 17,434 billion.

• The fluctuation range is 16.32 points. There were 205 gainers, 64 unchange stocks and 245 losers on the market.

• Foreign investors' net selling value: VND 267.74 billion on HOSE, including VIC (756.3 billion), NVL (33.2 billion), and GAS (24 billion). Foreigners were net buyers on the HNX with the value of VND 3.08 billion.