20210907_BSC_Vietnam Daily Review_ A slight correction_TA_HVN_Rebound

Stock market: After yesterday's breakout session, the market struggled for most of the day and finally, corrected slightly at the end of the session. Investment cash flow exited the market when only 3/19 industry groups gained points compared to the previous session. The sectors that limit the market's downward momentum are Banking, Financial Services, Tourism and Entertainment. Market breadth turned negative with a slight decrease in liquidity compared to the previous session, showing a cautious sentiment towards the resistance level of 1350 points. Meanwhile, foreign investors were net sellers on the HSX while they were net buyers on the HNX. A slight correction today might make the market maintain its accumulation around 1350 points in the short term.

 

Future contracts:  All future contracts decreased, in contrast with VN30. Investors might consider selling for long-term contracts.

 

Covered warrants:  In the trading session on September 7, 2021, majority of coverred warrants decreased following underlying securities. 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 -4.49 points, closed at -1341.90. HNX-Index +0.85 points, closing at 346.48.

• Pulling the index up: VPB (+1.60); VOS (+1.09); VHM (+1.09); CTG (+0.78); TCB (+0.67)

• Pulling the index down: VNM (-1.13); GAS (-0.88); VGC (-0.59); VRE (-0.57); GVR (-0.49).

• The matched value of VN-Index reached VND 25,732 billion, -4.2% compared to the previous session. The total transaction value reached VND 26,660 billion.

• The fluctuation range is 13.34 points. The market had 125 advancers, 28 reference stocks and 294 decliners.

• Foreign net selling value: VND -825.24 billion on HOSE, including VHM (VND -353.9 billion), SSI (VND -247.4 billion) and VIC (VND -61.2 billion). Foreign investors were net buyers on HNX with a value of  VND 12.36 billion.