20210825_BSC_Vietnam Daily Review_Market flourishes_TA_ POW_Positive

Stock market: The struggling trend continued in today's session but turned green at the end of the session. Money flowed into the market when 18/19 sector gained compared to the previous session with the growth spearhead coming from Transportation and Food and Beverage sectors. Market breadth turned positive with market liquidity declining compared to the previous session. Meanwhile, foreign investors were net sellers on the HSX and net buyers on the HNX. Although the market has prospered, the liquidity has weakened quite a lot compared to the previous sessions, showing that the uptrend is weak. BSC advises investors to trade cautiously and may open a small position in stocks that have corrected strongly in the recent correction.

 

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

Covered warrants:  In the trading session on August 24, 2021, majority of underlying securities increased, while coverred warrants diverged in terms of price. 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 +10.81 points, closing at 1309.55. HNX-Index +4.22 points, closing at 336.01.

• Pulling the index up: MSN (+2.14); GVR (+1.32); SAB (+0.84); HPG(+0.78); GAS (+0.66)

• Pulling the index down: CTG (-0.75); VIC (-0.71); VHM (-0.27); DPM (-0.15); APH(-0.07).

• The matched value of VN-Index reached VND 21,215 billion, -28.5% compared to the previous session. The total transaction value reached VND 16,780 billion.

• The fluctuation range is 18.9 points. The market had 228 advancers, 49 reference stocks and 134 decliners.

• Foreign investors' net selling value: VND -12.22 billion on HOSE, including VHM (VND 152.1 billion), HPG (VND -95.0 billion) and CTG (VND -31.4 billion). Foreign investors were net buyers on HNX with the value of VND 43.24 billion.