20210518_BSC_Vietnam Daily Review_EN_ Continue to correct _TA _ FLC_ Consolidating

Stock market:  VNIndex struggled mainly around the reference level in the morning, but selling pressure increased in the afternoon so the index dropped to near the support level of 1250. Investment cash flow did not change much with only 6/19 industry groups gaining. . Meanwhile, foreign investors were net sellers on both HSX and HNX. Besides, market breadth remained negative with liquidity dropping compared to the previous session. According to our assessment, the demand might appear at around 1250 and help the index rebound in the next few sessions.

 

Future contracts: All future contracts increased following VN30. Investors might consider buying for short-term contracts.

 

Covered warrants: In the trading session on May 18, 2021, both coverred warrants and underlying securities diverged in terms of price. Trading value decreased slightly. 

 

Technical analysis: FLC_ Consolidating

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

 

• VN-Index -6.02 points, closed at 1252.68. HNX-Index -2.15 points, closed at 294.64.

• Pulling up the index: HPG (+1.36); MSN (+0.58); NVL (+0.56); STB (+0.53); TCB (+0.42).

• Pulling the index down: VIC (-2.47); VHM (-1.56); VCB (-1.27); BID (-0.94); GVR (-0.57).

• The matched value of VN-Index reached VND 19,814 billion, -4.64% compared to the previous session. The total trading value reached VND 21,011 billion.

• Amplitude is 13.2 points. The market has 143 gainers, 46 reference codes and 274 losers.

• Foreign net-selling value: VND -550.08 billion on HOSE, include VIC (-111.6 billion dong), VPB (-101.8 billion dong) and VNM (-81.8 billion dong). Foreigners were net sellers on the HNX with a value of -82.6 billion dong.