20220105_BSC_Vietnam Daily Review_VN_Watch out for the bearish trend_TA_GVR_Rebound

Stock market: The market opened the trading day with excitement when after the first 1 hour of trading, the bulls helped the index gain more than 9 points. However, the bears led by MSN and VHM proclaimed that: "No VNIndex, you won't!". The market continued to struggle in the afternoon session and ended the session at the lowest level of the day. Liquidity continued to be higher than yesterday and crossed above the 20-day moving average. Market breadth was in balance with the number of gainers equal to the number of losers. Today, 10/19 sectors gained, in which electricity, water & petroleum sector gained 2%. Regarding the transactions of foreign investors, today they were a net sellers on the HSX and a net buyers on the HNX. In the upcoming sessions, the market may comeback to test the newly established level of 1,500 to serve as a solid springboard to continue conquering new high records.

 

Future contracts: Futures contracts all decreased according to the movement of the VN30 index. Investors should be cautious in the coming sessions.

 

Covered warrants: In the trading session on January 5, 2022, most warrants differentiated according to the movement of the underlying stock.

 

Technical analysis: GVR_Rebound 

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

 

Highlights

• VN-Index -3.08 points, closing 1,522.50 points. HNX-Index +6.26 points, closing 480.36 points.

• Pulling the index up: GAS (+1.52), VRE (+1.25), DIG (+0.92), GVR (+0.82), SAB (+0.38).

• Pulling the index down: MSN (-2.71), VHM (-1.22), VCB (-1.21), VIC (-0.97), VPB (-0.62).

• The matching value of VN-Index reached VND 30,618 billion, up 15.7% compared to the previous session. The total transaction value reached VND 32,956 billion.

• The fluctuation range is 13 points. The market had 221 gainers, 43 reference stocks and 240 losers.

• Foreign investors' net selling value: VND -256.48 billion on HOSE, including MSN (VND -159.14 billion), VNM (VND -87.80 billion), GEX (VND -70.31 billion). Foreign investors were net buyers on HNX with the value of VND 35.71 billion.