Market outlook
Stock market: After VN-Index received the 11-point drop yesterday and the economic stimulus package was approved, it seems that the upcoming Tet market season will help this index regain. But no, the withdrawal of 2 heroes from the North and the South caused real estate sector to collapse and lie on the floor almost all day long. The market was on a down trend until 2pm, then then banks and securities strongly rose up. VN-Index closed at the highest level of 1510.51 points with the successful support of the two aforementioned sectors. Market breadth was quite balanced with 10/19 industries gaining. Foreign investors' trade today was a bright spot with the 2nd consecutive session of net buying on both HSX and HNX. Based on technical analysis, VNIndex can now be considered as a successful test of MA20 - the short-term support level of the market. The index will probably continue to accumulate and test around MA20 - corresponding to 1495-1505 before having enough strength to reach the next targets.
Future contracts: Futures contracts all increased according to the movement of the VN30 index. Investors should trade cautiously in the coming sessions.
Covered warrants: In the trading session on January 12, 2022, most warrants differentiated according to the movement of the underlying stock.
Technical analysis: TID_Positive signal
(Please go to page 2 for buy/sell status of stocks and page 6 for Blue chip stocks information)
Highlights
• VN-Index +18.20 points, closing 1,510.51 points. HNX-Index -7.97 points, closing 473.64 points.
• Pulling the index up: BID (+3.55), GAS (+2.30), TCB (+1.75), CTG (+1.41), HPG (+1.26).
• Pulling the index down: DIG (-1.06), GEX (-0.75), NVL (-0.34), PDR (-0.33), VNM (-0.32).
• The matching value of VN-Index reached VND 34,610 billion, up 6.0% compared to the previous session. The total transaction value reached VND 35,709 billion.
• The fluctuation range is 46 points. The market had 203 gainers, 44 reference stocks and 267 losers.
• Foreign investors' net buying value: VND 423.71 billion on HOSE, including KBC (VND 135.72 billion), DXG (VND 94.88 billion), KDH (VND 90.38 billion). Foreign investors were net buyers on HNX with the value of VND 35.21 billion.