Market outlook
Stock market: The market wandered around the psychological level of 1480 throughout this morning. However, just set foot in the afternoon session, VN-Index was controlled by sellers, forced down and closed at the support level of 1470, down more than 5 points compared to yesterday. Although commodity-related stocks such as Steel, Fertilizer, Oil and Gas, and Coal had quite positive trading sessions, they could not prevent the VN-Index from decreasing when 20/30 stocks in group VN30 dropped, making the market unable to maintain the green color. Market breadth tilted to the negative side with 9 out of 19 sectors gaining. Regarding the transactions of foreign investors, today they were net sellers on both HSX and HNX. Currently, market sentiment is still weak as the index failed to bounce up from the support level of 1470. In the next 1 or 2 sessions, the market might still hover around this level.
Future contracts: Futures contracts all fell in line with the movement of the VN30. Investors should trade cautiously in the next session.
Covered warrants: In the trading session on April 14, 2022, warrants decreased according to the movement of the underlying stock.
Technical Analysis (Page 2): BWE_Positive signal
Highlights:
• VN-Index -5.08 points, closing at 1472.12 points. HNX-Index -3.76 points, closing at 423.69 points.
• Pulling the index up: DGC (+0.75), GAS (+0.74), MWG (+0.63), VPB (+0.57), SAB (+0.57).
• Pulling the index down: VCB (-1.67), VHM (-0.88), NVL (-0.72), TCB (-0.62), DIG (-0.60).
• The matched value of VN-Index reached VND 17.238 billion, down -11.98% compared to the previous session. The total transaction value reached VND 18.503 billion.
• The trading range is 12.59 points. The market had 185 advancers, 45 reference stocks and 271 losers.
• Foreign investors' net selling value: VND -218.12 billion on HOSE, including HPG (VND -171.09 billion), VND (VND -89.59 billion), VHM (VND -41.41 billion). Foreign investors were net sellers on HNX with the value of VND -7.67 billion.