20210720_BSC_Vietnam Daily Review_EN_ Strong recovery _TA _ LIX_Rising

Stock market: VNIndex remained in red for most of the trading time but the increasing demand from mid-afternoon helped the index recover positively. Investment cash flow improved again with 18/19 industry groups gaining. Meanwhile, foreign investors were net sellers on the HSX and net buyers on the HNX. In addition, market breadth turned positive with liquidity declining compared to the previous session. According to our assessment, VNIndex can maintain the demand in the next sessions and move towards the area near the threshold of 1300.

 

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

 

Covered warrants: In the trading session on July 20, 2021, majority of coverred warrants increased following underlying securities. Trading value decreased strongly. 

 

 

Technical analysis: LIX_Rising

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

 

• VN-Index +29.78 points, closed at 1273.29. HNX-Index +9.05 points, closed at 301.11.

• Pulling up the index: HPG (+3.76); VCB (+3.22); VHM (+2.04); GVR (+1.77); BID (+1.47).

• Pulling the index down: BCM (-0.16); APH (-0.13); KDH (-0.06); VRE (-0.06); PSH (-0.05).

• The matched value of VN-Index reached VND 16,651 billion, -16.94% compared to the previous session. The total trading value reached VND 17,879 billion.

• Amplitude is 47.77 points. The market has 281 gainers, 40 reference codes and 94 losers.

• Foreign net-selling value: VND -325.17 billion on HOSE, include MSB (-120.8 billion dong), VIC (-113.8 billion dong) and NVL (-107.4 billion dong). Foreigners were net buyers on the HNX with a value of 343.26 billion dong.