Market outlook
Stock market: Today's correction made the market plummet to the psychological level of 1400 points. The signs of improvement in the morning session could not last until the end of the afternoon session. The selling increased strongly at the end of the session and spread to the whole market. Market breadth was skewed to the negative side with 16 out of 19 industries dropping, with only aviation and basic resources remaining their prices. Regarding the transactions of foreign investors, today they were a net buyer on the HSX and a net seller on the HNX. Market sentiment is still tilted to the negative. However, with the VN-Index touching the support level of 1400 points, BSC expects the investment cash flow to return. Otherwise, VN-Index may continue to correct to the threshold of 1380 points.
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 19, 2022, warrants continued to decline sharply following the movement of the underlying stock.
Technical analysis (page 2): CSV_Positive signal
Highlights:
• VN-Index -26.15 points, closing at 1406.45 points. HNX-Index -10.42 points, closing at 392.69 points.
• Pulling the index up: HPG (+0.75), VJC (+0.69), DGC (+0.45), DPM (+0.32), FRT (+0.18).
• Pulling the index down: GVR (-1.75), MSN (-1.23), TCB (-1.01), VHM (-0.99), VPB (-0.95).
• The matched value of VN-Index reached VND 20.896 billion, down -15.53% compared to the previous session. The total transaction value reached VND 22.656 billion.
• The trading range is 35.59 points. The market had 101 advancers, 32 reference stocks and 371 losers.
• Foreign investors' net buying value: VND 274.87 billion on HOSE, including DPM (VND 93.60 billion), GEX (VND 85.50 billion), KBC (VND 61.15 billion). Foreign investors were net sellers on HNX with the value of VND -2.68 billion.