20220307_BSC_Vietnam Daily Review_EN_Not the right time to pass 1500_TA_ITC_Rebound signal

Stock market: 1500 is the peak that the VN-Index has not been able to really overcome. After a struggling trading day, the index lost 6 points and closed at 1499.05. Stocks of Bank, Securities were in a sea of blood, while stocks that benefited from the rise in prices of world commodities such as Steel, Chemicals, Fertilizers, Petroleum, Coal had an exciting session. Market breadth tilted to the negative side with 11 out of 19 sectors gaining. Regarding the transactions of foreign investors, today they were net sellers on both HSX and HNX. The market is having unpredictable moves due to the influence of world developments. In the coming sessions, the market may still fluctuate around ±1500 points.

 

Technical Analysis: ITC_Rebound Signal

 

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

 

Covered warrants: In the trading session on March 4, 2022, the majority of warrants dropped according to the movement trend of the underlying stock.

 

• VN-Index -6.28 points, closing at 1499.05 points. HNX-Index 2.28 points, closing at 452.86 points.

• Pulling the index up: GAS (+3.38), HPG (+1.51), GVR (+0.77), PLX (+0.73), EIB (+0.61).

• Pulling the index up: VHM (-1.83), BID (-1.31), MSN (-0.91), SAB (-0.85), CTG (-0.71).

• The matched value of VN-Index reached VND 29.794 billion, up 7.93% compared to the previous session. The total transaction value reached VND 31.437 billion.

• The trading range is 7.8 points. The market had 207 gainers, 39 reference stocks and 256 losers.

• Foreign net selling value: VND -1473.34 billion on HOSE, including VPB (VND 890.289 billion), MSN (VND 72.316 billion), PNJ (VND 69.495 billion). Foreign investors were net sellers on HNX with the value of VND -275.81 billion.