20220328_BSC_Vietnam Daily Review_EN_Real estate industry is now struggling_TA_GMD_Positive signal

Stock market: Facing some rumours of limiting the disbursements for loans to buy real estate, the Real estate sector today froze for a whole session on the floor. The negative sentiment that this sector caused to the market today led to many other sectors dropping points, including the trio of Banks, Securities, and Steel. VN-Index closed down more than 15 points compared to last Friday. On the other hand, the Fisheries, Fertilizers, Electricity and Water supply industries gained, preventing the market from falling too significantly. Market breadth was tilted to the negative side. Regarding the transactions of foreign investors, today they had a rather gloomy session with a slight net selling on the HSX and a slight net buying on the HNX. In the next few sessions, if investor sentiment is still negative for the Real Estate industry, it is possible that the market will continue to drop to the support level around 1455.

Future contracts:  Futures contracts all fell in line with the movement of the VN30 index. Investors may consider selling short-term futures contracts.

 

Covered warrants: In the trading session on March 28, 2022, warrants dropped in line with the strong decline of the underlying stock.

 

Technical Analysis: GMD_Positive signal

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

chip stocks information)

 

• VN-Index -15.32 points, closing at 1483.18 points. HNX-Index -6.86 points, closing at 454.89 points.

• The index pulled up: MWG (+0.96), FPT (+0.57), DGC (+0.45), DCM (+0.26), VGC (+0.21).

• Pulling the index down: BID (-2.29), VHM (-1.10), VNM (-0.94), GVR (-0.85), DIG (-0.84).

• The matched value of VN-Index reached VND 30.490 billion, up 34.53% compared to the previous session. The total transaction value reached VND 32.880 billion.

• The trading range is 22.99 points. The market had 142 advancers, 43 reference stocks and 315 losers.

• Foreign net selling value: VND -86.91 billion on HOSE, including VNM (-104.6 billion), VCI (-50.6 billion), DHC (-39.9 billion). Foreign investors were net buyers on HNX with the value of VND 3.44 billion dong.