20220114_BSC_Vietnam Daily Review_VN_Dramatic VN-Index, silent investors_TA_NBC_Rebound

Stock market: VN-Index opened the session losing 20 points because the negative selling pressure from yesterday was still there, but when the index touched MA50, cash flows caught the bottom helping VN-Index back to trade around the reference area. In the afternoon session, VN-Index surged thanks to the support from VN30, but then the index was quickly overwhelmed by sellers and dropped back to reference until the end of the session. Notably, liquidity was a big minus point today, maybe because the investors were tired of the dramatic movements of the market. Market breadth tilted to the negative side with 9 out of 19 sectors gaining. However, foreign investors were the bright spot when they were net buyers on both HSX and HNX, especially today was the biggest net buying session within the past month. Closing at MA20 with weak liquidity, VN-Index is likely to retest MA50 before reaching the supply-demand balance to continue its uptrend.

 

Future contracts: Futures contracts all dropped in line with the movement of the VN30. Investors should trade cautiously in the coming sessions.

 

Covered warrants: In the trading session on January 14, 2022, most warrants dropped sharply following the movement of the underlying stock.

 

Technical analysis: NBC_Rebound

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

 

• VN-Index -0.03 points, closing 1,496.02 points. HNX-Index +6.03 points, closing 466.86 points.

• Pulling the index up: VCB (+1.81), VNM (+0.85), POW (+0.48), CTG (+0.37), VRE (+0.35).

• Pulling the index down: DIG (-0.90), NVL (-0.74), TCB (-0.67), HPG (-0.51), BCM (-0.50).

• The matching value of VN-Index reached VND 20,953 billion, down 29.0% compared to the previous session. The total transaction value reached VND 22,867 billion.

• The fluctuation range is 26 points. The market had 174 gainers, 54 reference stocks and 285 losers.

• Foreign investors' net buying value: VND 770.53 billion on HOSE, including FUEVFVND (VND 120.69 billion), STB (VND 118.12 billion), VNM (VND 81.26 billion). Foreign investors were net buyers on HNX with the value of VND 11.19 billion.