20210705_BSC_Vietnam Daily Review_ High bottom demand_TA_ GEX_ Rising

Stock market: VNIndex was in red in the whole session and corrected strongly in the afternoon session. However, bottom-fishing cash flow poured into the market significantly when VN-Index fell below 1400 points and thus, helped the market recover to 1411 points at the end of the session. Investment cash flow weakened when only 4/19 industry groups gained. Meanwhile, foreign investors were net sellers on both the HSX and HNX. Besides, market breadth turned negative with a strong increase in liquidity compared to the previous session. With the above cash flow trend, VN-Index may move in the price range of 1400-1450 points this week.

 

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

 

Covered warrants:  In the trading session on July 5, 2021, majority of coverred warrants decreased following underlying securities. Trading value decreased. 

 

 

Technical analysis: GEX_ Rising

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

• VN-Index -9.14 points, closed at 1411.13. HNX-Index -0.25 points, closed at 327.76.

• Pulling the index up: TCB (+3.49); ACB (+1.21); MWG (+1.12); STB (+0.42); VPB (+0.40).

• Pulling the index down: VCB (-2.23); VIC (-1.77); NVL (-1.70); HPG (-0.94); MSN (-0.74).

• The matched value of VN-Index reached VND 26.637 billion, +17.01% compared to the previous session. The total transaction value reached VND 27,996 billion.

• The fluctuation range is 27.4 points. The market had 112 gainers, 28 reference stocks and 287 losers.

• Foreign investors' net selling value: VND -68.84 billion on HOSE, including CTG (VND -105.9 billion), HPG (VND -88.3 billion) and NVL (VND -62.8 billion). Foreign investors were net sellers on HNX with the value of VND -15.6 billion.