20210517_BSC_Vietnam Daily Review_EN_Trouble at the resistance zone _TA _VSC_ Positive Signal

Stock market:  VNIndex had the first few minutes of gaining but then the profit-taking pressure at the overhead resistance area of 1270 made the index fall back below 1260. Investment cash flow declined and only 6/19 groups gained. Meanwhile, foreign investors were net sellers on both HSX and HNX. Besides, market breadth remained negative with increased liquidity compared to last week's session. According to our assessment, VNIndex may struggle in the area of 1250-1280 in the coming sessions.

 

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

Covered warrants: In the trading session on May 17, 2021, majority of coverred warrants decreased following underlying securities. Trading value increased slightly. 

 

 

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

 

• VN-Index -7.66 points, closed at 1258.7. HNX-Index +2.07 points, closed at 296.79.

• Pulling up the index: VHM (+3.28); NVL (+1.04); HPG (+0.44); SSB (+0.4); OCB (+0.2).

• Pulling the index down: VNM (-1.25); MSN (-1.18); VIC (-1.17); GVR (-0.98); VCB (-0.88).

• The matched value of VN-Index reached VND 20,779 billion, +2.42% compared to the previous session. The total trading value reached VND 22,824 billion.

• Amplitude is 19.33 points. The market has 141 gainers, 41 reference codes and 278 losers.

• Foreign net-selling value: VND -1037.54 billion on HOSE, include VPB (-242.6 billion dong), VIC (-147.7 billion dong) and VNM (-145.9 billion dong). Foreigners were net sellers on the HNX with a value of -39.37 billion dong.