Market outlook
Stock market: VNIndex struggled around reference level in the morning and although selling pressure increased in the afternoon session, the demand appeared at the end of the session and helped the index close with a slight gain. Investment cash flow increased again with 14 out of 19 industry groups gaining although foreign investors were net sellers on both HSX and HNX. In addition, market breadth turned positive with liquidity declining compared to the previous session. According to our assessment, the current demand is still not strong enough to help the index reverse and the market may still see slight drops this week.
Future contracts: VN30F2107 and VN30F2108 are 2/4 of futures in the green today. Investors can consider selling with a target price around 1400 points for all contracts.
Covered warrants: In the trading session on July 13th 2021, covered warrants and underlying stocks had a difference in status. Trading value decreased sharply compared to the previous session.
Technical analysis: KBC_Consolidate
(Please go to page 2 for buy/sell status of stocks and page 6 for Blue chip stocks information)
Highlights
• VN-Index +1.24 points, closed at 1297.54. HNX-Index +3.72 points, closed at 296.7.
• Pulling up the index: GAS (+1.87); VHM (+1.35); HPG (+0.67); GVR (+0.66); VRE (+0.54).
• Pulling the index down: VCB (-3.56); MSN (-1.49); VNM (-1.1); VIC (-0.9); VIB (-0.61).
• The matched value of VN-Index reached VND 14,287 billion, -50.82% compared to the previous session. The total trading value reached VND 15,915 billion.
• Amplitude is 29.43 points. The market has 265 gainers, 44 reference codes and 112 losers.
• Foreign net-selling value: VND -215.56 billion on HOSE, include VNM (-98.3 billion dong), VIC (-94.6 billion dong) and VCB (-71.4 billion dong). Foreigners were net sellers on the HNX with a value of -9.31 billion dong.