Market outlook
Stock market: After yesterday's strong session, the market corrected slightly in today's session. Investment cash flow weakened when only 8/19 industry groups gained points compared to the previous session. The industry groups that restrained the market's decline were Textile, Media and Chemicals sector. Market breadth returned to neutral state with market liquidity declining compared to the previous session, signaling cautious sentiment of investors. Meanwhile, foreign investors were net sellers on the HSX and net buyers on the HNX. Today's correction shows that investor sentiment is still weak and VN-Index is likely to maintain consolidating movement around 1300 points in the next trading sessions.
Future contracts: All future contracts decreased following VN30. Investors might consider selling for long-term contracts.
Covered warrants: In the trading session on August 26, 2021, majority of coverred warrants decreased following underlying securities. Trading value decreased strongly.
Technical analysis: VTO_Rebound
(Please go to page 2 for buy/sell status of stocks and page 6 for Blue chip stocks information)
Highlights
• VN-Index -8.43 points, closed at 1301.12. HNX-Index +0.84 points, closing at 336.85.
• Pulling the index up: REE (+0.35); GVR (+0.33); GMD (+0.27); LGC (+0.22); DPM (+0.21)
• Pulling the index down: VIC (-1.50); CTG (-1.18); BID (-0.89); HPG(-0.82); NVL(-0.70).
• The matched value of VN-Index reached VND 16,710, billion, -21.2% compared to the previous session. The total transaction value reached VND 17,763 billion.
• The fluctuation range is 20.5 points. The market had 189 advancers, 39 unchanged and 180 decliners.
• Foreign net selling value: VND -403.69 billion on HOSE, including VHM (VND -205.6 billion), CTG (VND -85.3 billion) and HPG (VND -47.5 billion). Foreign investors were net buyers on HNX with the value of VND 17.46 billion.