20210921_BSC_Vietnam Daily Review_Evergrande default risk, VN-Index corrects_TA_ MIG_Breakout

Stock market:  With information about the risk of default of China's second largest real estate group - Evergrande, stock markets around the world adjusted as soon as they opened. Similarly, Vietnam also corrected sharply in the morning session but recovered in the afternoon and only 10.64 points lower. Investment cash flow narrowed in certain industry groups when only 4/19 industry groups increased. point. Industry groups holding back the market's decline are: Insurance, Oil & Gas, Construction and materials. Market breadth remained negative with a slight decrease in liquidity compared to the previous session. Meanwhile, foreign investors were net sellers on both HSX and HNX. With the market recovering when hitting the support level of 1330 points, VN-Index is likely to still move around 1350 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 September 21, 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 -10.64 points, closed at 1,339.84. HNX-Index +0.11 points, closed at 358.98.

• Pulling the index up: DGC (+0.45); VIB(+0.43); BVH(+0.37); HSG (+0.23); OCB(+0.23)

• Pulling the index down: VHM (-2.10); VCB (-1.57); VIC (-1.11); GVR (-1.04); HPG (-0.59).

• The matching value of VN-Index reached VND 22,926 billion, -4.2% compared to the previous session. The total transaction value reached VND 23,432 billion.

• The fluctuation range is 25.66 points. The market had 136 advancers, 36 unchange and 275 losers.

• Foreign investors' net selling value: VND -443.0 billion on HOSE, including FUEVFVND (VND -162.4 billion), HPG (VND -97.1 billion) and VIC (VND -92.7 billion). Foreign investors were net sellers on HNX with a value of VND -16.57 billion.