20220228_BSC_Vietnam Daily Review_VN_VN-Index struggled with net buying trend_TA_HSG_Rebound signal

Stock market: Despite the buyers' attempt, the sellers has finally pushed the VN-Index down today. At the end of the session, the index dropped nearly 9 points compared to last Friday. Steel and Fertilizer stocks recorded a positive trend; however Banking, Securities, Real estate sectors,… had a gloomy session, which hindered the index's gain. The VN30 group ended the session with 21 downtrend stocks. Market breadth tilted to the negative side with 10/19 sectors gaining. Regarding the transactions of foreign investors, today they were net sellers on both HSX and HNX. Currently, VN-Index was retesting the support around 1490. If this test is successful, the index may accumulate more in this area before rebounding, otherwise, the index will may continue to go down to the support level of 1475-1480.

 

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 February 28, 2022, most warrants corrected along with the movement of the underlying stock.

 

Technical Analysis: HSG_Rebound signal

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

chip stocks information)

 

Highlights:

• VN-Index -8.76 points, closing 1490.13 points. HNX-Index +0.26 points, closing 440.42 points.

• Pulling the index up: HPG (+1.15), DPM (+0.39), GAS (+0.39), DCM (+0.34), HSG (+0.33).

• Pulling the index down: VIC (-1.20), BID (-1.07), VHM (-0.87), CTG (-0.83), BCM (-0.78).

• The matched value of VN-Index reached 22,607 billion dong, down -8.08% compared to the previous session. The total transaction value reached 23,580 billion VND.

• The fluctuation range is 14.79 points. The market had 202 gainers, 37 reference stocks and 252 losers.

• Foreign investors' net selling value: -797.39 billion dong on HOSE, including HPG (-353,037 billion), CTG (-121,741 billion), VIC (-105,868 billion). Foreign investors were net sellers on HNX with the value of -19.63 billion dong.