20211013_BSC_Vietnam Daily Review_VN_VN-A slight correction_TA_VNP_Positive

Stock market: The market struggled for most of the session but reversed to decrease at the end of the session. Investment cash flow was concentrated in certain industries when 10/19 industries gained points. Groups contributing to the market's rally are: Chemicals, Automotive and Parts and Retail. Declining market liquidity and negative market breadth suggest that bullish momentum has waned. Meanwhile, foreign investors were net sellers on the HSX and net buyers on the HNX. With the accumulation trend in the range of 1380-1400 points continuing, BSC recommends that investors should limit trading and consider taking profit on some stocks that have gained well in recent times.

 

Future contracts: Futures contracts were corrected slightly according to the underlying index. Investors can consider selling positions for short-term contracts.

 

Covered warrants:  In the trading session on October 13, 2021, covered warrant market is showing signs of divergence when the market moves sideways. Transaction value decreased slightly.

 

Technical analysis: VNP _Positive

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

 

• VN-Index -2.89 points, closing 1,391.91 points. HNX-Index +3.66 points, closing 379.34 points.

• The index pulled up: BCM (+0.51), SSB (+0.42), MWG (+0.34), GVR (+0.32), DCM (+0.30).

• Pulling the index down: VHM (-1.02), MSN (-0.73), TCB (-0.55), GAS (-0.50), PLX (-0.39).

• The matched value of VN-Index reached  VND 17,504 billion, -13.7% compared to the previous session. The total transaction value reached VND 18,788 billion.

• The fluctuation range is 11 points. The market had 195 advancers, 60 unchanged  and 208 decliners.

• Foreign investors' net selling value: VND -520.48 billion on HOSE, including HPG (VND -149.28 billion), SSI (VND -69.81 billion), VNM (VND -66.21 billion). Foreign investors were net buyers on HNX with the value of VND 9.55 billion.