20210331_BSC_Vietnam Daily Review_EN_ Approaching the 1200 point_TA_SAB_Double bottom model

Stock market: The VN Index rose more than 10 points in the morning session, but by the end of the afternoon session, it only increased by more than 5 points and closed at 1191. In the market, investment cash flow declined, but there are still 11 out of 19 sectors gaining. Meanwhile, foreign investors remained net sellers on both the HSX and HNX. In addition, market breadth maintained an equilibrium status with declining liquidity compared to the previous session. However, 1200 level is now the index's resistance zone in short-term, so the market might move about in 1180-1200 zone in the next sessions.

 

Future contracts: Only VN30F2105 is in a down state, contrary to the trend of the VN30 index. Investors can consider selling with a target price around 1150 points for long-term contracts.  

 

Covered warrants: In the trading session on March 31st 2021, covered warrants and underlying stocks had a differentiation in status. Trading value decreased compared to the previous session.

 

Technical analysis: SAB_Double bottom model

(Please go to page 2 for buy/sell status of stocks and page 5 for Blue chip stocks information)

 

 

• VN-Index +5.08 points, closed at 1191.44. HNX-Index +5.53 points, closed at 286.67.

• Pulling up the index: MSN (+1.30); VHM (+0.88); SAB (+0.87); VIC (+0.81); SSB (+0.61).

• Pulling the index down: VNM (-0.44); GVR (-0.42); VJC (-0.26); CTG (-0.25); VPB (-0.19).

• The matched value of VN-Index reached VND 13,023 billion, -10.38% compared to the previous session. The total trading value reached 14,609 VND billion.

• Amplitude is 10.1 points. The market has 222 gainers, 63 reference codes and 207 losers.

• Foreign net-selling value: VND -211.51 billion on HOSE, including CTG (-151.39 billion), VNM (-140 billion) and VRE (-65.53 billion). Foreigners were net sellers on the HNX with a value of -23.18 billion dong.