20210608_BSC_Vietnam Daily Review_EN_ Selling pressure increased dramatically_TA _ SBT_Positive Signal

Stock market: VNIndex mainly fluctuated near the reference level in the morning but selling pressure increased strongly in the afternoon session and has now slipped below 1320. Investment cash flow continued to decline and only 4/19 groups gained. Meanwhile, foreign investors were net sellers on the HSX and net buyers on the HNX. Besides, market breadth remained negative with liquidity not much different from the previous session. According to our assessment, VN-Index may fluctuate and struggle in the area of 1310-1330 in the next few sessions when this is the short-term support zone of the index.

 

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

 

Covered warrants:  In the trading session on June 08, 2021, majority of coverred warrants decreased following underlying securities. Trading value increased strongly. 

 

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

• VN-Index -38.9 points, closed at 1319.88. HNX-Index -12.24 points, closed at 306.39.

• Pulling up the index: VJC (+0.84); SAB (+0.3); HVN (+0.2); LGC (+0.2); VNM (+0.17).

• Pulling the index down: HPG (-3.14); VCB (-3); VIC (-2.89); CTG (-2.88); TCB (-2.63).

• The matched value of VN-Index reached VND 28,127 billion, -3.6% compared to the previous session. The total trading value reached VND 30,296 billion.

• Amplitude is 46.37 points. The market has 94 gainers, 40 reference codes and 321 losers.

• Foreign net-selling value: VND -362.7 billion on HOSE, include DXG (-216.8 billion dong), HPG (-204.3  billion dong) and VIC (-151.7 billion dong). Foreigners were net buyers on the HNX with a value of 3.87 billion dong.