20220111_BSC_Vietnam Daily Review_VN_VN-Index -"sale off"_TA_APC_Positive signal

Stock market: Yesterday, the market dropped by nearly 25 points making investors think that there would be rescue hands to catch the bottom, but at the end of today's session, the index continued to "sell off" another 11.4 points. Struggling with selling pressure in the morning session, in the afternoon session, VN-Index was exhausted and dropped 21 points before closing at 1492.31, erasing the previous gain. Market breadth was skewed to the negative side with only 5 out of 15 sectors gaining, of which Telecommunications strongly increased by 10%. However, today's foreign trade was positive; investors were net buyers on both HSX and HNX. Based on technical analysis, VN-Index closed above MA20 - the short-term support level of the market. The index will probably form a new equilibrium around 1500 in the next few sessions.

 

Future contracts: Futures contracts all dropped in line with the movement of the VN30. Investors should look for short-term selling.

 

Covered warrants: In the trading session on January 11, 2022, most of warrants dropped sharply following the movement of the underlying stock.

 

Technical analysis: APC_Positive signal

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

 

• VN-Index -11.4 points, closing 1,492.31 points. HNX-Index -1.28 points, closing 481.61 points.

• Pulling the index up: BCM (+1.39), DIG (+0.99), BID (+0.71), GAS (+0.63), STB (+0.41).

• Pulling the index down: MSN (-2.44), VHM (-2.00), VIC (-1.26), GVR (-0.92), SSB (-0.64).

• The matching value of VN-Index reached VND 32,643 billion, down 8.1% compared to the previous session. The total transaction value reached VND 35,944 billion.

• The fluctuation range is 23 points. The market had 122 gainers, 34 reference stocks and 346 losers.

• Foreign investors' net buying value: VND 105.68 billion on HOSE, including VIC (VND 67.26 billion), DXG (VND 63.95 billion), VCB (VND 30.34 billion). Foreign investors were net buyers on HNX with the value of VND 8.78 billion.