20210908_BSC_Vietnam Daily Review_Correction trend continues_TA_SGT_Positive

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 following VN30. Investors might consider selling for long-term contracts.

 

Covered warrants:  In the trading session on September 8, 2021, majority of coverred warrants decreased following underlying securities. Trading value decreased strongly. 

 

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

 

• VN-Index -8.29 points, closed -1333.61. HNX-Index +0.80 points, closing at 347.28.

• Pulling the index up: HPG (+0.71); SSI (+0.53); MWG (+0.21); SAB (+0.20); BCM(+0.19)

• Pulling the index down: VIC (-1.87); VHM(-1.48); VPB(-0.95); TCB (-0.77); CTG (-0.63).

• The matched value of VN-Index reached VND 18,438 billion, -28.4% compared to the previous session. The total transaction value reached VND 19.579 billion.

• The fluctuation range is 16.14 points. The market had 127 gainers, 56 unchanged stocks and 259 losers.

• Foreign net selling value: VND -445.79 billion on HOSE, including VHM (VND -242.2 billion), VIC (VND -145.0 billion) and SSI (VND -81.0 billion). Foreign investors were net buyers on HNX with the value of VND 8.00 billion.