20211026_BSC_Vietnam Daily Review_VN_A Recovery session_TA_ DBC _Recovery

Stock market: Just entering the morning session, the market was under strong selling pressure, causing VN-Index to drop 8 points. However, bottom catching force brought the index back to above point 1380. The market struggled at this area throughout the day, until the end of the afternoon session, the buying force suddenly overwhelmed, pushing VN-Index up more than 10 points before closing at the point of 1391. Market liquidity decreased compared to that of the previous session but market breadth tilted to the positive side, showing that cash flow was focusing on certain stocks. Today, there are 14/19 sectors that have gained points with relatively even increases. Regarding foreign investors' transactions, today's net selling volume on the HSX decreased significantly compared to that of the previous sessions. VN-Index is expected to maintain movement in the accumulation area of 1380-1400 points as technical indicators have not shown signs of changing trend.

 

Future contracts: All futures contracts corrected according to the underlying index. Investors can open short position for short-term futures contracts.

 

Covered warrants: In the trading session on October 26, 2021, warrants showed signs of correction in the context of a rising market. Transaction value increased sharply.

 

Technical analysis: DBC _Rebound

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

 

• VN-Index +6.23 points, closing 1,391.63 points. HNX-Index +1.93 points, closing 397.81 points.

• Pulling the index up: HPG (+1.41), GAS (+0.90), FPT (+0.48), MBB (+0.35), DIG (+0.28).

• Index pulled down: VNM (-0.27), MSN (-0.24), SAB (-0.21), PDR (-0.21), NVL (-0.19).

• The matched value of VN-Index reached VND 19.535 billion, down 23% compared to the previous session. The total transaction value reached VND 21,028 billion.

• The fluctuation range is 16 points. The market had 216 advancers, 62 reference stocks and 209 losers.

• Foreign investors' net selling value: VND -60.89 billion on HOSE, including NLG (-88.18 billion), VNM (-50.95 billion), VRE (-45.71 billion). Foreign investors were net sellers on HNX with the value of VND -29.84 billion.