20210507_BSC_Vietnam Daily Review_EN_ A corrected session_TA_ TPB_Consolidating

Stock market:  VN-Index's correcting trend lasted into today's session. Investment cash flow weakened and only contracted to some sectors when only 3/19 groups declined. Foreign investors continued to be net sellers on both HSX and HNX. Rising market liquidity along with the bottom-fishing activities of the investors at 1232 points showed that the VN-Index is likely to consolidate in the short term in the 1230-1250 range. in this consolidation period, investors can consider restructuring their portfolios into good fundamental stocks.

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

 

Covered warrants: In the trading session on May 7, 2021, majority of coverred warrants increased following underlying securities. Trading value decreased. 

 

Technical analysis: TPB_Consolidating

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

 

• VN-Index -8.76 points, to close 1,241.81 points. HNX-Index -1.23 points, closing 279.86 points.

• Pulling the index up: HPG(+1.23), CTG(+0.89), HDB(+0.51), TPB(+0.27), ACB(+0.23).

• Pulling the index down: VCB(-2.27), VNM(-1.44), VHM(-1.42), BID(-0.64), GVR(-0.53).

• The matched value of VN-Index reached VND 21,071 billion, + 16.8% from the previous session. The total trading value reached VND 22,419 billion.

• The fluctuation range is 18.58 points. There were 118 gainers, 41 reference stocks and 307 losers.

• Foreign investors' net selling value: VND -330.16 billion on HOSE, including VPB (VND -368.8 billion), HPG (VND -123.6 billion), and VNM (VND -95.5 billion). Foreigners were net sellers on the HNX with the value of VND -7.99 billion.