20210422_BSC_Vietnam Daily Review_EN_The market fell sharply_TA _HII_Consolidating_Update HPG

Stock market:  In the morning session, the market traded in the cautiousness of investors, but in the afternoon session, the market started to show signs of correction and by the end of the session, the VNIndex fell sharply by more than 40 points. In addition, cash flow was negative with 18/19 sectors declining points. Along with that, foreign investors continued to be net sellers on both HSX and HNX. Besides, market breadth turned to a negative status with lower liquidity compared to the previous session. According to our assessment, in the long term, the VNIndex is still on an upward trend, but in the short term, the index might correct to 1200 points.

 

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

 

Covered warrants: In the trading session on April 22, 2021, majority of coverred warrants decreased following underlying securities. Trading value decreased strongly. 

 

Technical analysis: HII_Consolidating

(Please go to page 2 for buy/sell status of stocks and page 6 for Blue chip stocks information)

 

Update HPG (Page 4-5)

 

• VN-Index -41.15 points, closed at 1227.82. HNX-Index -9.44 points, closed at 287.04.

• Pulling up the index: DHG (+0.11); VIX (+0.07); BHN (+0.06); ABS (+0.05); TAC (0.03).

• Pulling the index down: VHM (-4.71); VIC (-3.87); CTG (-2.72); BID (-2.31); MSN (-2.19).

• The matched value of VN-Index reached VND 18,593 billion, -12.15% compared to the previous session. The total trading value reached 20,663 VND  billion.

• Amplitude is 44.16 points. The market has 80 gainers, 30 reference codes and 365 losers.

• Foreign net-selling value: VND -134.33 billion on HOSE, HPG (-236.51 billion dong), VPB (-149.189 billion dong) and VSC (-118.78 billion dong). Foreigners were net sellers on the HNX with a value of -11.49 billion dong.