20211019_BSC_Vietnam Daily Review_VN_A Slight correction_TA_ MBG _ Recovery signal

Stock market: VN-Index decreased slightly today, while HN-Index increased by more than 2 points. The market continued to experience a struggling session when both buyers and sellers were in balance. In 7/19 gaining sectors, the cash flow mainly focused on Insurance stocks when this group ended the session with a gain of nearly 4 %, followed by Tourism and Leisure with more than 1%. Market liquidity decreased, market breadth continued to turn negative with losers overwhelming gainers. Regarding the transactions of foreign investors, today they continued to be net sellers on both HSX and HNX. The market is likely to continue moving sideways between 1390-1400 in the short term.

 

Future contracts: Except for VN30F2110, all other futures contracts corected slightly according to the underlying index. Investors can consider short position for short-term contracts.

 

Covered warrants: In the trading session on October 19, 2021, covered warrants are showing signs of divergence when the market moves sideways. Transaction value declines.

 

Technical analysis: MBG _Rebound signal

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

 

• VN-Index -0.2 points, closed at 1,395.33 points. HNX-Index +2.12 points, closing 387 points.

• The index pulled up: BID (+0.80), VJC (+0.58), VHM (+0.56), VCB (+0.39), BVH (+0.36).

• Pulling the index down: GAS (-1.00), HPG (-0.80), MSN (-0.60), GVR (-0.36), STB (-0.33).

 The matched value of VN-Index reached VND 18,440 billion, down 17.9% compared to the previous session. The total transaction value reached 20,344 billion dong.

• The fluctuation range is 11 points. The market had 188 advancers, 50 reference stocks and 245 losers.

• Foreign investors' net selling value: VND -470.38 billion on HOSE, including HPG (VND -129.30 billion), VHM (VND -92.90 billion), and NVL (VND -69.85 billion). Foreign investors were net sellers on HNX with a value of VND -12.04 billion.