20220323_BSC_Vietnam Daily Review_EN_VN-Index dropped at the end of the session_TA_DBC_Positive signal

Stock market: The market is slowing down before the threshold of 1505, VN-Index ended the session down 1 point more than yesterday, although it tried to bounce back to 1515 during the session. The decline of large-cap stocks  (22/30 stocks in group VN30 all decreased) caused the market to go down. Market breadth tilted to the negative side with 8 out of 19 sectors gaining. Regarding transactions of foreign investors, today they were net buyers on both HSX and HNX. In the next sessions, the market may continue to move sideways around 1505 to gain momentum to bounce back to 1520 resistance area; if not, the market might return to accumulate around 1485 level for a few sessions as the index has gone quite far from the short-term MA lines and might come back to test these lines.

 

Future contracts: Futures contracts all dropped in line with the VN30 index's correction, except for VN30F2206. Investors should trade cautiously in the coming sessions.

 

Covered warrants: In the trading session on March 23, 2022, most warrants dropped sharply following the movement of the underlying stock.

 

Technical Analysis: DBC_Positive signal

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

chip stocks information)

 

• VN-Index -1.44 points, closing at 1502.34 points. HNX-Index +0.75 points, closing at 462.1 points.

• Pulling the index up: GVR (+0.77), DGC (+0.63), SAB (+0.58), DIG (+0.48), DPM (+0.31).

• Pulling the index down: GAS (-1.28), VHM (-0.88), VIC (-0.76), MSN (-0.44), VNM (-0.42).

• The matched value of VN-Index reached VND 24.378 billion, down -8.74% compared to the previous session. Total transaction value reached VND 28.038 billion.

• The trading range was 12.23 points. The market had 192 gainers, 50 reference stocks and 260 losers.

• Foreign investors' net buying value: VND 1013.95 billion on HOSE, including DGC (309.76 billion), MSN (151.88 billion), GEX (112.87 billion). Foreign investors were net buyers on HNX with the value of VND 3.44 billion.